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Saturday 22 August 2015

NMIMS Assignments 2015: December 2015 Examination: Contact us for answers at assignmentssolution@gmail.com

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Business Statistics
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
  All Questions carry equal marks.
  All Questions are compulsory
  Answers  to  each  assignment  question  to  be  explained  in  approximately  1500  words.  Use
relevant examples, illustrations as far as possible.
  All answers to be written individually. Discussion and group work is not permissible.
  Students are free to refer to any books/reference material/website/internet for attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
  Students should write the assignment in their own  words. Copying of assignments from other
students is not allowed.
Q1.  A  departmental  store  gives  in  service  training  to  its  salesman  which  is  followed  by  a  test.  The
management is considering whether it should terminate the services of the  salesman  who did not do
well in the test. The following table gives the test scores, and the sales made by the salesman.
Test scores:       14  19  24  21  26  22  15  20  19
Sale (in Rs 1000):   31  36  48  37  50  45  33  41  39
Calculate  the  correlation  between  the  test  scores  and  sales.  Does  it  indicate  that  the  termination  of
services for low test scores is justified? If the firm wants  a minimum sales volume  of Rs 30,000 from
each sales man, what are the minimum test scores indicating termination of the service?
Q2. The marks obtained in a certain examination follow normal distribution with mean 45 and standard
deviation 10. If 1000 students appeared at the examination, calculate the number of students scoring
(a) Less than 40 marks and
(b) More than 60 marks.
(Use Z table value)
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