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M.M.P.C – 005
Quantitative Analysis for Managerial Applications IGNOU
MMPC 005 Solved Assignment 2023-24
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NOTE: All questions
are compulsory.
Q1. In a railway
reservation office, two clerks are engaged in checking reservation forms. On an
average, the first clerk (A1) checks 55% of the forms, while the second (A2)
checks the remaining. While A1 has an error rate of 0.03, that of A2 is 0.02. A
reservation form is selected at random from the total number of forms checked
during a day and is discovered to have an error. Find the probabilities that it
was checked by A1 and A2, respectively.
Q2. “Data used in
statistical study is termed as either “Primary” or “Secondary” depending upon whether
it was collected specifically for the study in question or for some other
purpose.” Explain both the sources of collecting the data in brief.
Q3. A fair coin is tossed 400 times. Using normal
approximation to the binomial, find the probability that a head will occur
a) More than 180 times
b) Less than 195
times.
Q4. “The primary
purpose of forecasting is to provide valuable information for planning the design
and operation of the enterprise.” Comment on the statement.
Q5. Write short notes on any three of the following:-
a) Methods of
collecting primary data
b) Decision tree
approach
c) Central limit
theorem
d) Opinion polls
e) Use of
auto-correlations in identifying time series
IGNOU MMPC 005 Solved
Assignment English Medium 2023-24 The Indira Gandhi National Open
University has updated the IGNOU Assignment Status
2023-24 December Session so that students can know if their submission is
completed or not. Now if you have also submitted your Assignment/Practical/Project
till 15 December 2023 then you must be worried about the Assignment Status and
Grade Card. So we decided to come up with https://ignouadmission.samarth.edu.in/ Assignment 2023-24.
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