MBA Assignment
Solutions | Project Report & Thesis | Contact: Prakash | Call @
+919741410271 / +918722788493 or Email: smu.assignment@gmail.com
Solutions | Project Report & Thesis | Contact: Prakash | Call @
+919741410271 / +918722788493 or Email: smu.assignment@gmail.com
BUSINESS STATISTICS
1. The above chart shows
the sales of toys over a period of one year. Identify the diagrammatic
representation used and derive meaningful conclusions about the sales of toys.
2. The following table
shows the results of a survey conducted across the country, on 200 working
professionals. The professionals were asked to identify the location of their
company and the type of industry of their company. The professionals were
allowed only to select one location and one industry.
shows the results of a survey conducted across the country, on 200 working
professionals. The professionals were asked to identify the location of their
company and the type of industry of their company. The professionals were
allowed only to select one location and one industry.
Industry
|
Location
|
Total
|
|||
North
|
South
|
East
|
West
|
||
Banking
|
24
|
10
|
8
|
14
|
56
|
Logistics
|
30
|
6
|
22
|
12
|
70
|
Telecom
|
28
|
18
|
12
|
16
|
74
|
Total
|
82
|
34
|
42
|
42
|
200
|
Suppose a professional
is selected at random
is selected at random
a) Calculate the
probability that the professional is from West
probability that the professional is from West
b) Calculate the
probability that the professional is from Banking
probability that the professional is from Banking
c) Calculate the
probability that the professional is from Logistics or from North?
probability that the professional is from Logistics or from North?
d) Calculate the
probability that the professional is from Telecom and South?
probability that the professional is from Telecom and South?
3. Titan industries
Ltd., India’s leading watch manufacturer was established in 1984, as a joint
venture between the Tata Group and the Tamil Nadu Industrial Development
Corporation. The company brought about a paradigm shift in the Indian watch
market, offering quartz technology with international styling. Leveraging its
understanding of different segments in the watch market, it launched a second
brand, Sonata, as a value brand to those seeking to buy functionally-styled
watches at affordable prices. The company diversified into jewellery in 1995
under the brand name Tanishq after taking stock of the huge opportunities and
the large size of the jewellery business in India. Suppose, Titan has launched
new jewellery designs under the Tanishq brand for working Indian women. Past
record indicates that the mean sale of this brand, from various showrooms
located across various towns is Rs. 20 million. If the distribution of the
sales is normal with standard deviation of Rs. 50,000
Ltd., India’s leading watch manufacturer was established in 1984, as a joint
venture between the Tata Group and the Tamil Nadu Industrial Development
Corporation. The company brought about a paradigm shift in the Indian watch
market, offering quartz technology with international styling. Leveraging its
understanding of different segments in the watch market, it launched a second
brand, Sonata, as a value brand to those seeking to buy functionally-styled
watches at affordable prices. The company diversified into jewellery in 1995
under the brand name Tanishq after taking stock of the huge opportunities and
the large size of the jewellery business in India. Suppose, Titan has launched
new jewellery designs under the Tanishq brand for working Indian women. Past
record indicates that the mean sale of this brand, from various showrooms
located across various towns is Rs. 20 million. If the distribution of the
sales is normal with standard deviation of Rs. 50,000
a) What is the
probability of obtaining sale greater than Rs. 45 million this year?
probability of obtaining sale greater than Rs. 45 million this year?
b) What is the
probability of generating sale between Rs. 17 and Rs. 27 million?
probability of generating sale between Rs. 17 and Rs. 27 million?
MBA Assignment
Solutions | Project Report & Thesis | Contact: Prakash | Call @
+919741410271 / +918722788493 or Email: smu.assignment@gmail.com
Solutions | Project Report & Thesis | Contact: Prakash | Call @
+919741410271 / +918722788493 or Email: smu.assignment@gmail.com
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