MS-8

MANAGEMENT PROGRAMME

Term-End Examination
December, 2009

In MS-8 : QUANTITATIVE ANALYSIS FOR

MANAGERIAL APPLICATIONS

Time : 3 hours Maximum Marks : 100

(Weightage 70%)

Note :
Section A has six questions, each carrying 15 marks.
Attempt any four questions from this section.
Section B is compulsory and carries 40 marks. Attempt
both questions.
(iii) Statistical tables may be supplied on request.

SECTION-A

1. The following data describes the age at which

employees reach to the level of 'senior manager'
in a multinational company.
Below
Age in years 34.5-37.5 37.5-40.5 40.5-43.5 Over 43.5
34.5
No of people
14 60 95 24 7
reaching the level

Find the quartile deviation.

MS-8 1 P.T.O.
 In a bolt factory, machines A, B, C manufacture
respectively 25%, 35% and 40% of the total
production. Of their output 5%, 4% and 2%
respectively are defective bolts. A bolt is drawn
at random and is found to be defective. What is
the probability that it is manufactured by
machine B ?
Describe the design of stratified sampling. What
is a strata ? Discuss about proportional allocation
and disproportional allocation.
4. In a study to test whether there is difference
between the average heights of adult females born
in two different countries, random samples
yielded the following results.

n 1 = 120 xl = 62.7 = 2.50

n2 =150 X 2 = 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.
5. Find the most likely price of commodity A in
Mumbai corresponding to the price of Rs. 70 at
Kolkata from the following data.
Average Price in Kolkata Rs. 65
Average Price in Mumbai Rs. 67
Standard Deviation of prices in Kolkata Rs. 2.5
Standard Deviation of prices in Mumbai Rs. 3.5
Correlation coefficient between two + 0.8
prices in two towns

MS-8 2
6. Write short notes on any three of the following :
Cramer's Rule.
Exponential Smoothing.
More than type ogive.
Cumulative Density Function (cdf) of a
continuous random variable.
(e) Power curve of a test.

MS-8 3 P.T.O.
 SECTION-B
In a locality containing 18000 families a sample
of 840 families was selected at random. Of these
840 families 206 families were found to have a
weekly income of Rs. 500 or less. It is desired to
know how many out of 18000 families have a
weekly income of Rs. 500 or less. Use 3 sigma
limits.

A tour operator charges Rs. 136 per passenger

for 100 passengers with a discount of Rs. 4 for
every group of 10 passengers in excess of 100.
Determine the number of passengers that will
maximize the amount of inoney the tour operator
receives.

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MS-8 4