IGNOU MS 8 SOLVED ASSIGNMENT

Ques 1.

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

Ques 2.

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

Ques 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.

Ques 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

Ques 5.

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

Ques 6.

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

Ques 7.

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

Ques 8.

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.

Ques 9.

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

Ques 10.

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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