# Decision Science

## Decision Science

Category High Views Low Views Total Music 50 100 150 Comedy 30 170 200 Education 20 180 200 Gaming 40 160 200 Travel 10 190 200 Total 150 800 950 What is the probability that a randomly selected YouTube Short is in the Music Category?What is the probability that a randomly selected YouTube Short has …

## NMIMS Assignment Solution of Decision Science for the April 2024 Examination

Q3.a)Draw an appropriate chart for the following. Also, write your clarification for choosing that graph. For each variable identify a time-series component present if you consider the long-term pattern.     Table: Production of Commercial crops. (Source: RBI) Q3.b) Write the sampling plan for the following study. Also write, what is recommended according to you, census survey …

## NMIMS Assignment Solution of Decision Science for the April 2024 Examination

Q2. Write the interpretation for the following regression model. You are advised to run the analysis using MS EXCEL. Here Hiranmayee Dhar, an entrepreneur who is running “Pashminaa” a store of Pashmina shawls. She is targeting customers via social media applications; she has chosen Instagram as a platform and had also chosen REELs to advertise …

## NMIMS – Decision Science Assignment of April 2024

Calculate the probability for the following statements. Draw the Probability tree diagram also. In a medical college of Pune (a class of 100 people), 30 % people Like to have Misal-pav on the farewell party as per the google form survey. Remaining people have chosen vadapav. Out of those who have chosen Misal-pav 50 % …

## Decision Tree Diagram with EMV’s

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 and the Assignment Problem

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 …

## Statistics for Business Decisions 2022

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 …

## NMIMS Decision Science solution for September 2023

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 …

## NMIMS Decision Science Assignment September 2023

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 …

## NMIMS Decision Science Assignment Solution for September 2023

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 & …