IGNOU MS-08 SOLVED ASSIGNMENT JULY-DECEMBER 2018

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Course Code                           :           MS-08

Course Title                             :           Quantitative Analysis for Managerial Applications

Assignment Code                    :           MS-08/TMA/SEM-II/2018

Coverage                                :           All Blocks

Note : Attempt all the questions and submit this assignment on or before 31^st October,  2018 to the coordinator of your study center.

1. A manufacturer produces three products A, B and C which he sells in the market. Annual sale estimates (in units) are indicated as follows:

Markets	Products
	A	B	C
I	8,000	10,000	15,000
II	10,000	2,000	20,000

(i) If unit sale prices of A, B and C are Rs 2.25, Rs 1.50 and Rs. 1.75 respectively, find the total revenue in each market with the help of matrices,

(ii) If the unit costs of the above three products are Rs 1.60, Rs. 1.20 and Re 0.90 respectively, find the gross profit with the help of matrices.

2. Calculate the mean deviation from mean for the following table:

Marks	0 – 10	10 – 20	20 – 30	30 – 40	40 – 50
No. of students	5	8	15	16	6

3. The incidence of a certain disease is such that on the average 20% of workers suffer from it. If 10 workers are selected at random, find the probability that (i) exactly two workers suffer from the disease (ii) not more than two workers suffer from the disease.
4. A normal curve has μ = 20 and = 10. Find the area between x1 = 15 and x2 = 40.
5. Explain the following concepts

(a) Null & alternative hypothesis

(b) One & two – tailed test

(c) Type I & type II error

(d) Level of significance.

IGNOU MS-08 SOLVED ASSIGNMENT JULY-DECEMBER 2018

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