Q1. Draw the decision tree diagram and explain the best possible decision based on EMVs (Expected Monetary Values) On the 1st April 2023, Rajinder Saproo, an investor is in a dilemma for the investment of 10 lakh INR. He has consulted his Mumbai based friend, MukulBhai Gadhecha, an investment expert for this matter. Mr Saproo …
The transportation problem The transportation problem is a classic optimization problem in the field of operations research and management science. It involves finding the most cost-effective way to transport goods from multiple suppliers to multiple consumers, taking into account supply and demand constraints, as well as transportation costs. Here are the key components and elements …
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2022BUSINESS ADMINISTRATION- HONOURS : CALCUTTA UNIVERSITY Paper BBA-A202-C-3(Statistics for Business Decisions)Full Marks : 80 The mean, median, and standard deviation of a distribution are 45, 42, and 18 respectively, to find the skewness of the distribution. The formula for Pearson’s coefficient of skewness, which is a measure of the asymmetry of a distribution. A positive skew …
Q 3B: Draw the Line chart using EXCEL for the following variables and write your interpretations. Looking at the graph/ numbers (in the table) what type of correlation is suspected between crop area of wheat and cereals? (5 Marks) Year AREA UNDER CULTIVATION Wheat (Lakh hectares) AREA UNDER CULTIVATION Coarse Cereals (Lakh hectares) 1965–66 126 …
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Q2: Calculate the correlations among all possible combinations of variables using the following data and write your interpretations. Note: You are advised to use EXCEL or any other software for the calculation of correlations. State Urban No of Bank Offices Urban Amount Credit Urban Amount Deposit Urban No of Accounts ANDAMAN & NICOBAR ISLANDS 31 …
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Q 1: Determine the probabilities for the below given statements and write your interpretation using following data. SOLUTION: To calculate the probabilities and interpret the given data, let’s use the following notations: Interpretation: MBA Tuitions | BBA Tuitions | Online Management Classes| Executive learning | One on one classes | Complete guidance | Study Materials | Mock Tests| Assignment Assistance | PhD guidance | MBA & …
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Q 1: Bad gums may mean a bad mood. Researchers discovered that 85% of people who have suffered a bad mood had periodontal disease, an inflammation of the gums. Only 29% of healthy people have this disease. Suppose that in a certain community bad moods are quite rare, occurring with only 10% probability. If someone …
Reference : Books of IGNOU
