MCO-22 EM (2023-24)

Description

MCO-22 Solved Assignment English Medium 2023-24 for July 2023 and January 2024 Session

Master of Commerce (M.Com)

Second Semester Assignments 2023-2024

For July 2023 and January 2024 admission cycle

M.C.O-22

QUANTITATIVE ANALYSIS & MANAGERIAL APPLICATION

TUTOR MARKED ASSIGNMENT

COURSE CODE : MCO-022

COURSE TITLE : QUANTITATIVE ANALYSIS & MANAGERIAL APPLICATION

ASSIGNMENT CODE : MCO-022/TMA/2023-2024

COVERAGE : ALL BLOCKS

Maximum Marks: 100

Attempt all the questions:

1. a) What are ogives? Discuss the method of constructing ogives with the help of an example.

b) What is the practical utility of the central limit theorem in applied statistics? (10+10)

2. a) What do you understand by the term correlation? Explain how the study of correlation helps in forecasting demand of a product.

b) Explain the decision tree approach with suitable example. (10+10)

3. Briefly comment on the following:

a) “Measuring variability is of great importance to advanced statistical analysis”.

b) “In the case of quantitative methods of forecasting, each technique makes explicit assumptions about the underlying pattern”.

c) “Different issues arise while analysing decision problems under uncertain conditions of outcomes”.

d) “In probability sampling the decision whether a particular element is included in the sample or not, is governed by chance alone”.

4. Write short notes on the following: (4×5)

a) Questionnaire method of collecting primary data

b) Bayes’ Theorem

c) Testing the Goodness of Fit

d) Forecast Control

5. Distinguish between the following: (4×5)

a) Geometric Mean and Harmonic Mean

b) Exponential Distribution and Normal Distribution

c) Stratified Sampling and Cluster Sampling

d) Correlation and Regression

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