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MS-08 Solved Assignment

MS-08 Solved Assignment

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  • Version: 2021 Jan - June



Soft Copy: Yes
Downloadable File: Yes
University: IGNOU
Course: Master of Business Administration
File: PDF/ZIP Download

Q&A of Ignou Mba MS-08 Solved Assignment 2021 - Quantitative Analysis for Managerial Applications

Q. The total cost, C(x) associated with producing and marketing x units of an item is given by
C (x) = 0.005x3 -0.02x2 -30x +3000
Find (i) Total cost when output is 4 units.
(ii) Average cost of output of 10 units.
(iii) Marginal cost when output is 3 units.

Answer............

Q. "The success of collecting data through a questionnaire depends mainly on how skillfully and imaginatively the questionnaire has been designed". Explain some important points to be kept in mind while drafting a questionnaire.

Answer.....

Q. In a society of 5000 people, 1200 are above 30 years of age and 3000 are female. Out of the 1200 who are above 30, 200 are female. Suppose after a person is chosen you are told that the person is a female. What is the probability that she is above 30?

Answer.....

Q. A sample size 25 is picked up at random from a population which is normally distributed with a mean of 100 and variance of 36. Calculate:
(a) Pr{ ͞X≤99}
(b) Pr{98≤ ͞X≤100}

Answer. ........

5. "Economic or business oriented time series are made up of various components". What are those components and also explain the relationship between them.

Answer.........

Product Details: MS-08 Solved Assignment 2021 - Quantitative Analysis for Managerial Applications

Course: IGNOU MBA (Master of Business Administration)
Session: Jan - June 2021

Old Sample Answers for Mba Ignou MS-08 Assignments

Q. Write a note on measures of central tendency.
Answer. Measures of central tendency are descriptive statistics that summarize the data with a single number that represents the most typical score within a set of data. We use measures of central tendency because we typically believe that most scores on a scale or responses to an item cluster around the typical or most common score or response in the data set. Consequently, a measure of central tendency is a convenient statistical tool for indicating the most typical score in a set of data. Selecting an appropriate measure of central tendency depends on the measurement scale used to represent a particular variable........... Measures of central tendency identify the middle or centre of a set of data. There are three types: Arithmetic average or mean - the total of items or scores in a set divided by the number of individual items in the set. It may give a distorted picture because of large items at either end of the scale. Median - the middle item in a range of items (often used in pay surveys when the arithmetic mean is likely to be distorted). Mode - the most commonly occurring item in a set of data......... Get Ignou Mba MS-08 Solved Assignment 2021 Jan - June or July - Dec ..... The following are the few requirements to be satisfied by an average or a measure of central tendency: It should be rigidly defined The definition of an average should be clear and rigid so that there must be uniformity in its interpretation by different decision-makers or investigators. There should not be any chance for applying discretion; rather it should be defined by an algebraic formula........


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