T1 Q. T Nov. 2018

A RA100 Pages: 2
Reg. No.________________ Name:_______________________

APJ ABDUL KALAM TECHNOLOGICAL UNIVERSITY
FIRST TRIMESTER MBA DEGREE EXAMINATION NOV 2018
MBA 11 QUANTITATIVE TECHNIQUES
Max. Marks: 60 Duration: 3 Hours
Part A
Answer all questions. Each question carries 2 marks
1. A family has two children. What is the probability that both the children are boys given that at least one
of them is a boy?
2. Distinguish between Skewness and Kurtosis
3. Probability that an employee will get promotion is 20%. In a firm having 5 employees, what is the
probability that none of the employees will get promotion?
4. Discuss Level of significance relating to Hypothesis testing
5. Discuss the applicability of t-test applied to hypothesis testing
(5x2 marks = 10 marks)
Part B
Answer any 3 questions. Each question carries 10 marks
6. (a) The editor of a text book publishing company is trying to decide whether to publish a proposed
statistics book. Information on previous text books published indicates that 10 percent are huge success,
20 percent moderate success, 40 percent break even and 30 percent are losers. However before a
publishing decision is made, the book will be reviewed. In the past 99 percent of the huge success
received favorable reviews, 70 percent of moderate success received favorable reviews, 40 percent of
the break even books received favorable reviews and 20 percent of the losers received favorable
reviews. If the proposed text receives a favorable review, how should the editor revise the probabilities
of various outcomes to take this information into account? (6)
(b) An Inspector of Windsurfer Pipeline has the task of comparing the reliability of two pumping
stations. Each station is susceptible to two kinds of failure: pump failure and leakage. When either (or
both) occurs, the station must be shut down. The data at hand indicates the following probabilities
prevail:
Station Pump Failure Leakage Both
1 0.07 0.10 0
2 0.09 0/12 0.06
Which station has the higher probability of being shut down? (4)
7. (a) Calculate Karl Pearson’s Coefficient of Skewness for the following data (6)
Marks 0-20 20-40 40-60 60-80 80-100

No: students 14 21 25 16 20
(b) A bank located in the commercial district of a city has developed an improved process of serving
customers during noon to 1pm lunch period. The waiting time in minutes of a sample of 15 customers
during this hour is recorded over a period of one week. The results are listed below
4.21 5.55 3.02 5.13 4.77 2.34 3.54 3.20 4.50 6.10 0.38 5.12
6.46 6.19 3.79 Are data skewed? (4)
8. The diameter of ping pong balls manufactured at a large factory is approximately normally distributed,
with a mean of 1.30 inches and a standard deviation of 0.04 inch. If you select a random sample of 16
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A RA100 Pages: 2
ping-pong balls,
(a) What is the sample standard error of the mean?
(b) What is the probability that the sample mean is less than 1.28 inches?
(c) What is the probability that the sample mean is between 1.31 and 1.33 inches?
(d) The probability is 60% that the sample mean will be between what two values, symmetrically
distributed around the mean?
9. (a) A machine is designed to pack 200ml of a medicine with standard deviation of 5ml. A sample of 100
bottles when measured had a mean content of 201.3ml. Test whether the equipment is functioning
properly with the significance of 5%. (5)
(b) A certain company has 4 marketing managers Area Marketing Managers
who were sent for a month to 3 areas. A B C D
The sales in hundreds of Rs/month are shown. K 30 70 30 30
O 80 50 40 70
Carry out an analysis of variance and interpret the results. (5) S 100 60 80 80
10. OSHA was conducting a study on relationship between expenditures for plant safety and the accident
rate in the plants.
Company A B C D E F G H I J K
Expenditure($) 60 37 30 20 24 42 39 54 48 58 26
Accidents 2 7 6 9 7 4 8 2 4 3 8
Is there any significant rank correlation between expenditures and accidents in the chemical company at
1 percent level of significance?
(3x10 marks = 30 marks)
Part C
Compulsory question, the question carries 20 marks
(a) A brand manager is concerned about a brands market share across country. The results of a survey
conducted are given
Survey result North South East West Total
Consumers who purchase the brand 45 55 45 50 195
Consumers who do not purchase the brand 60 45 55 50 210
Check at α=0.05, whether the share of brand is uniform across four regions (8)
(b) The information has been gathered from a random sample of apartment renters in a city. You are
trying to predict rent based on size of apartment and distance from downtown(miles)
Rent($) Number of rooms Distance from downtown
360 2 1
1000 6 1
450 3 2
525 4 3
350 2 10
300 1 4
(i)Calculate the least squares equation that best relates these three variables (10)
(ii) If someone is looking for a two bedroom apartment 2 miles from downtown, what rent should he
expect to pay? (2)
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A RA100 Pages: 2

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Marks 0-20 20-40 40-60 60-80 80-100

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