MBA602 - Quantitative Techniques For Managers - Management Assignment Help

Assignment Task -

Section –A

1. Which one of the following is not a function of statistics?

(a) To simplify complexities (b) To compare data with respect to time and date (c) To forecast the future (d) To pass a bill

2. Statistical methods are

(a) Collection of data (b) Analysis of data (c) Classification of data (d) All of these

3. Data collected from “The Hindu” newspaper is an example of

(a) Primary data (b) Secondary data (c) Continuous data (d) None of these

4. Which method of data collection is suitable when data to be collected are confidential?

(a) Mailed Questionnaire (b) Direct personal Interview (c) Observation Method (d) Schedule method

5. Secondary data are in the nature of ____________ as they have already passed through the statistical machine.

(a) Raw materials (b) Finished products (c) Work in progress (d) Closing stock

SECTION B

1. How has quantitative analysis changed the current scenario in the management world today?
2. Describe the methods generally employed in the collection of primary data. Which of these is most reliable and why?
3. Define correlation. Does correlation always signify causal relationship between two variables? Discuss different methods of measuring correlation.
4. Describe the various measures of dispersion. Explain the relative merits and demerits of each.

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