IGNOU MS 8 SOLVED ASSIGNMENT

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MS 08 (January 2025 - July 2025) - ENGLISH

ASSIGNMENT

Course Code:MS-08

Course Title: Quantitative Analysis for Managerial Applications

Assignment Code:MS-08/TMA/JAN/2025

Coverage:All Blocks

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last date of submission for January 2025 session is 30th April, 2025 and for July 2025 session is 31 October, 2025.

1. "Statistics is the science and art of handling aggregate of facts- observing, enumerating, recording, classifying and otherwise systematically treating them". Comment!

2. The customer accounts of a certain departmental store have an average balance of Rs 120 and a standard deviation of Rs 40. Assuming that the account balances are normally distributed-

a. What proportion of the accounts is over Rs 150?

b. What proportion of accounts is between Rs 100 and Rs 150?

(Refer tables for finding the required tabulated value)

3. Two different types of drugs A and B were tried on certain patients for increasing weight.

Five persons were given drug A and seven persons were given drug B. The increase in weight

in kilos is given below-

Drug A	8	12	13	9	3
Drug B	10	8	12	15	6	8	11

Do the two drugs differ significantly with regard to their effect in increasing weight? (The table value of t for d.f. 10 at 5% level-2.23).

4. What is time series analysis? Decompose a time series into its various components and describe them.

5. What is a random variable? How is it used to define a probability distribution? Make the probability distribution of "scores facing up" in a throw of two dice.

MS 08 (January 2025 - July 2025) - ENGLISH

ASSIGNMENT

Course Code :MS-08

Course Title :Quantitative Analysis for Managerial Applications

Assignment Code :MS-08/TMA/JAN/2025

Coverage :All Blocks

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last date of submission for January 2025 scssion is 30th April, 2025 and for July 2025 session is 31st October, 2025.

1. "Statistics is the science and art of handling aggregate of facts- observing, enumerating, recording, classifying and otherwise systematically treating them". Comment!

2. The customer accounts of a certain departmental store have an average balance of Rs 120 and a standard deviation of Rs 40. Assuming that the account balances are normally distributed-

a. What proportion of the accounts is over Rs 150?

b. What proportion of accounts is between Rs 100 and Rs 150?

(Refer tables for finding the required tabulated value)

3. Two different types of drugs A and B were tried on certain patients for increasing weight. Five persons were given drug A and seven persons were given drug B. The increase in weight in kilos is given below-

Drug A	8	12	13	9	3
Drug B	10	8	12	15	6	8	11

Do the two drugs differ significantly with regard to their effect in increasing weight? (The table value of t for d.f. 10 at 5% level=2.23).

4. What is time series analysis? Decompose a time series into its various components and describe them.

5. What is a random variable? How is it used to define a probability distribution? Make the probability distribution of “scores facing up” in a throw of two dice

MS 08 (January 2026 - July 2026) - ENGLISH

ASSIGNMENT

Course Code MS-08

Course Title : : Quantitative Analysis for Managerial Applications

Assignment Code : : MS-08//TMA/JAN/2026

Coverage : : All Blocks

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last date of submission for January 2026 session is 30th April, 2026 and for July 2026 session is 31st October, 2026.

1. What factors in modern society contribute to the increasing importance of quantitative approach to management?

2. Discuss the validity of the statement: "A secondary source is not as reliable as a primary source."

3. Coefficients of variation of two series are 75 percent and 90 percent, with standard

deviations 15 and 18 respectively.

a) Obtain the mean of the two series.

b) Also comment which of the two is better represented by its mean.

4. The weekly wages of 2000 workmen are normally distributed with mean wage of Rs. 70 and wage standard deviation of Rs 5. Estimate the number of workers whose weekly wages are

a) Between Rs 70 and Rs. 71,

b) More than Rs. 72

5. What do you understand by forecast control? What could be the various methods to ensure that the forecasting system is appropriate?

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