Nmims April/May 2023 Plagiarized Assignments – Business Statistics for Decision Making
Business Statistics for Decision Making
- Apply weighted aggregative index method using three different formulas for constructing Price Indices. (10 Marks)
TABLE BELOW
| Item | Year (2000) | Year (2010) | ||
| Household Items | Price | Quantity | Price | Quantity |
| (Po) | (Qo) | (P1) | (Q1) | |
| Wheat Flor | 60 | 5 | 70 | 7 |
| Basmati Rice | 110 | 5 | 130 | 7 |
| Dal | 120 | 4 | 145 | 5 |
| Vegetables | 200 | 10 | 300 | 12 |
| Milk | 50 | 6 | 60 | 8 |
Note: Do not use any software for calculations, write formulas and show calculations.
- Calculate the Four Quartiles and rewrite the entire list of observations w.r.t their quartile memberships. (10 Marks)
| State Name | District Name | Total Micro, small and medium Enterprises |
| PUNJAB | AMRITSAR | 13148 |
| PUNJAB | BARNALA | 3800 |
| PUNJAB | BATHINDA | 10679 |
| PUNJAB | FARIDKOT | 4823 |
| PUNJAB | FATEHGARH SAHIB | 4196 |
| PUNJAB | FAZILKA | 4398 |
| PUNJAB | FIROZEPUR | 4622 |
| PUNJAB | GURDASPUR | 4828 |
| PUNJAB | HOSHIARPUR | 7831 |
| PUNJAB | JALANDHAR | 27748 |
| PUNJAB | KAPURTHALA | 8048 |
| PUNJAB | LUDHIANA | 65276 |
| PUNJAB | MANSA | 4431 |
| PUNJAB | MOGA | 7825 |
| PUNJAB | PATHANKOT | 1463 |
| PUNJAB | PATIALA | 15257 |
| PUNJAB | RUPNAGAR | 2941 |
| PUNJAB | SANGRUR | 10000 |
| PUNJAB | SAS NAGAR | 19934 |
| PUNJAB | SHAHID BHAGAT SINGH NAGAR | 4928 |
| PUNJAB | SRI MUKTSAR SAHIB | 3635 |
| PUNJAB | TARN TARAN | 3457 |
NMIMS March/April/May 2023 ready assignments – Business Statistics for Decision Making
Data Source: Data.gov.in
Note: Calculate manually.
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- a. Identify and write the measurement type of the following Columns only (starting from ‘Location of Respondents’ onwards). (5 Marks)
| Respondent Number | Location of Respondents | Gender | Age Preference/ ranking for the RADO (1 = least preferred. … 5 = most preferred) | Preference/ ranking for the Titan (1 = least preferred… 5 = most preferred) | |
| 1 | Ahmedabad | Male | 49 | 2 | 2 |
| 2 | Ahmedabad | Female | 44 | 1 | 4 |
| 3 | Surat | Male | 27 | 3 | 1 |
| 4 | Surat | Male | 30 | 2 | 2 |
| 5 | Surat | Female | 32 | 3 | 2 |
| 6 | Mumbai | Male | 27 | 3 | 4 |
| 7 | Mumbai | Male | 42 | 3 | 2 |
| 8 | Mumbai | Female | 20 | 5 | 5 |
| 9 | Mumbai | Female | 37 | 4 | 3 |
| 10 | Delhi | Female | 40 | 5 | 3 |
| 11 | Delhi | Female | 23 | 4 | 5 |
3.b. Draw the Appropriate Graph for the following data. (5 Marks)
| Reasons for Migration in Males | Number of Male Migrants who are migrated from one state to another | Relative Frequency |
| Work/employment | 1,12,58,416 | 0.471659 |
| Business | 7,15,245 | 0.029964 |
| Education | 5,05,884 | 0.021193 |
| Marriage | 4,37,446 | 0.018326 |
| Moved after birth | 14,75,615 | 0.061819 |
| Moved with household | 52,18,545 | 0.218625 |
| Others | 42,58,661 | 0.178412 |
| Sum | 2,38,69,812 |
Data Source: Census of India 2011
Note: You may use Software for preparation of Graph.
March/April/May 2023 NM solved assignments – Business Statistics for Decision Making
Nmims April/May 2023 Plagiarized Assignments – Business Statistics for Decision Making
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