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ASSIGNMENT
DRIVE SPRING 2017
PROGRAM MBA
SEMESTER I
SUBJECT CODE & NAME MBA 103- Statistics for Management
BK ID B1731
CREDIT & MARKS 4 CREDITS, 30 MARKS EACH
Note The Assignment is divided into 2 sets. You have to answer all questions in both sets and
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submit as one document. Average of both assignments marks scored by you will be considered
as your IA marks. Kindly note that answers for 10 marks questions should be approximately of
400 words. Each question is followed by evaluation scheme.
Set I
SET-II
Machines Workmen
I II III IV V
1 46 48 36 35 40
2 40 42 38 40 44
3 49 54 46 48 51
4 38 45 34 35 41
A Explanation of ANOVA 2 10
Numerical Solution 8
3 a. Explain the meaning of Weighted Index Numbers.
b. Information of sales price per unit of different commodities for two different years
is given in following table-
2010 2016
Commodities Price Quantity Price Quantity
A 20 5 25 3
B 30 8 45 5
C 10 12 20 8
D 15 10 16 10
E 45 5 50 6
F 90 10 110 8
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Construct the Price Index taking 2010 as the base year and 2016 as the current year
by following methods.
*A-Answer
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