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DRIVE
Summer 2017
PROGRAM
BBA109
SEMESTER
I
SUBJECT
CODE & NAME BBA109 QUANTITATIVE TECHNIQUES IN BUSINESS
1 What is a
questionnaire? Discuss the main points that you will take into account while
drafting a questionnaire.
Explanation of
questionnaire.
Explanation of
main points, which are taken into consideration while drafting a questionnaire.
Answer:
The „questionnaire‟ is a proforma
containing a sequence of questions
relevant to a statistical
enquiry. Since the questionnaire is the only medium
of
2 Write short
notes on
·
Range
·
Quartile deviation
·
Average deviation
·
Standard deviation
Answer:
Range
It is the simplest method of studying
dispersion. Range is the difference between the smallest value and the largest
value of a series. While computing range, we do not take into account
frequencies of different groups.
Formula:
3 a. Explain the
meaning of Weighted Index Numbers.
b. Information
of sales price per unit of different commodities for two different years is
given in following table-
Commodities
|
2010
|
2016
|
||
Price
|
Quantity
|
Price
|
Quantity
|
|
A
|
15
|
4
|
20
|
5
|
B
|
24
|
6
|
28
|
8
|
C
|
16
|
4
|
25
|
4
|
D
|
32
|
8
|
30
|
12
|
E
|
35
|
3
|
32
|
4
|
F
|
8
|
2
|
15
|
3
|
Construct the
Price Index taking 2010 as the base year and 2016 as the current year by
following methods.
i. Laspeyre’s
Price Index
ii. Paasche’s
Method
iii. Dorbish and
Bowley’s method
iv. Fisher’s
Ideal Index Method
Answer: a) Weighted Index Number
In this
method weights are assigned to various commodities according to their
significance and consequently weighted index improves the accuracy of the index
number as compared to the unweighted one. Usually the quantity consumed during
the base year or the current year is taken as the
Get fully
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