Wednesday, 27 January 2016

bba104 smu bba Fall 2015 Ist sem assignment

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DRIVE-fall 2015
PROGRAM BBA-SEMESTER 1
SUBJECT CODE &NAME-BBA104QUANTITATIVE TECHNIQUES IN BUSINESS
BK ID-B1500
CREDITS-2
MARKS-30
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400words. Each question is followed by evaluation scheme.
Q1. Statistics plays a vital role in almost every facet of human life. Statistics. Discuss the functionsof Statistics. Explain the importance of statistics in business and management.
(Meaning of Statistics, Functions of Statistics, Importance of statistics in business and management) 2, 3, 5
Answer.
Meaning of Statistics
The statement that prices in a country are increasing conveys only incomplete information about the nature of the problem. However, if the figures of prices of various years are also provided, we are in a better position to understand the


Q2. a. Differentiate between primary and secondary data.
b. Explain the concept of correlation and regression.
Answer:
A.
Primary Data
1. Primary data are always original as it is collected by the investigator.
2. Suitability of the primary data will be positive because it has been systematically collected.
3. Primary

Q3. Describe the meaning of Index numbers. Explain the different methods of construction of index numbers.
Answer:
Meaning of Index Number
Index numbers are a specialized type of average. It measures how much a variable changes over time. They are designed to measure the relative change in the level of phenomenon with respect to time, geographical locations or some other characteristic. It is an indicator which reflects the relative changes in the level of certain phenomenon in any given

Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject and rs 625/semester only.
if urgent then call us on 08791490301, 08273413412


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