MANAGEMENT PROGRAMME

Term-End Examination
June, 2OOB

ANALYSISFOR
MS-8 : OUANTITATIVE
MANAGERIALAPPLICATIONS

Time : 3 hours Maximum Msrks ; 100

(Weishtage700/o)

Note :
(i) Section A hss six quesfions, each carrying
15 marks. Attempt any four questionsfrom fhis
section.
(ii) t;,:;';"o,'oJin";I:,:,:::* 40 marks
sndcarries

(iii) Stq tisticsl tables may be supplied on request.

SECTION A

l. What factors in modern society contribute to the increasing

importance of quantitative approach to management ? List
one applicaticn of quantitative techniques in each
functional area of management.

MS-8 P.T.o,
2 . The demand for a certain product is represented by the
equation p : 20 + 5q - q', where q is the number of units
demanded and p is the price per unit. Find marginal
revenue function. What is the marginal revenue at q : 2 ?

3 " From the frequency distribution, find the standard deviation

using the formula fcr the grouped data :

Cisss Interuaf Frequency

10-20 I
ZO 3 0 1E
30-40 31
40 50 T7
50-60 76
60 70 9
Total 100

4 . A drawer contains 50 bolts and 150 nuts. Half of the bolts

and half cf the nuts are rusted. If one item is chosen at
random, what is the probability that it is ruste,Cor a bolt ?

5 . In a study to test wheth er there is a differe nce between the

average height of adult females born in two different
countries, random samples yielded the following results :

11 : I2O, f1 : 62.7, 51 : 2.50

nZ: 150, *Z : 61'8, 52 : 2.62

where the measurements are in inches.Use 0.05 levelof

significance to test the difference between ti-re average
heights.

MS-B 2
6, Write short notes on any threeof the following :
(a) Step functions
(b) significanceof Measuresof Dispersion
(c) Criteriaof Optimism
(di The F disiribution
(e) Auto-regressive
(AR) models

MS.8 P.T.O.
 SECTION B

7. Given below are figuresof production(in thousandkilos)

for a sugar factory. Obtain the seculartrend by fitting a
straight line.

Years 2 0 0 0200 1 2002 2 0 0 3 2004 2005 2006

Production T2 10 L4 11 13 15 T6

8. Find the area under the standardnormal curve,which lies

(a) to the left of z : 0'94
( b ) t o t h e r i g h to f z : 0'65

(c) to the right of z : 1'76

(d) betweenz : 0'34 and z -- 0'62

MS-B 16,000