Soft Copy: Yes

Downloadable File: Yes

University: IGNOU

Course: Master of Business Administration

**Q&A of Ignou Mba MS-08 Solved Assignment 2017 - Quantitative Analysis for Managerial Applications**

Q.What factors in modern society contribute to the increasing importance of quantitative approach
to management? List one application of quantitative techniques in each functional area of
management.

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

Q. From the frequency distribution, find the standard deviation using the formula for the grouped
data:

Class Interval Frequency

10-20 9

20-30 18

30-40 31

40-50 17

50-60 16

60-70 9

Total 100

Answer.....

Q.In a study to test whether there is a difference between the average height of adult females born
in two different countries, random samples yielded the following results:

n1 = 120, x1 = 62.7, s1 = 2.50

n2 = 150, x2= 61.8, s2 = 2.62

where the measurements are in inches. Use 0.05 level of significance to test the difference
between the average heights.

Answer.....

Q. Write short notes on:

(a) The F- distribution

(b) Auto-Regressive (AR) models.

Answer. ........

Q. Find the area under the standard normal curve, which lies

(a) to the left of z = 0.94

(b) to the right of z = -0.65

(c) to the right of z = 1.76

(d) between z= - 0.34 and z= 0.62

Answer. ........

## Product Details: MS-08 Solved Assignment 2017 - Quantitative Analysis for Managerial Applications

Course: IGNOU MBA (Master of Business Administration)

Session: Jan - June 2017 or July - Dec

### 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 2017 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.........