NMIMS Assignments 2015 : contact us for answers at assignmentssolution@gmail.com

If there are images in this attachment, they will not be displayed.   Download the original attachment
Page 1

NMIMS Global Access
School for Continuing Education (NGA‐SCE)
Course:   Business Statistics
Semester: II / III
Program (New) :  PGDBM / PGDHRM /  PGDMM /  PGDFM / PGDBFM /  PGDSCM /  PGDITM / PGDRM /
PGDGM

Program (Old) : PGDBM /  PGDSCM / PGDITM 
Assignment Marks: 30       

                                       



Q1)
In today’s global scenario, Quantitative Techniques are widely used to take business
decisions. Decision-Making on rational and logical basis has become imperative.
Sampling techniques are used for analysis. However, these techniques do have their
limitations. If you are a statistical analyst, what are the various limitations you would
encounter in your sampling techniques? What types of sampling and non-sampling errors
would you encounter? Write about them.

Q2)
You are given the position about a certain data in a factory before and after the settlement
of an industrial dispute. Critically analyze the data and comment on the gains/losses for
the workers as well as the management point of view
Before
After
No. of workers
2,400
2,350
Mean Wages (Rs)
45.5
47.5
Median Wages (Rs)
48
45
Standard Deviation (Rs)
12
10














***************
a