K_LAMKI - MANAGERIAL STATISTICS FOR BUSINESS

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MANAGERIAL STATISTICS FOR BUSINESS finalsee file attached please,,,,,,,,,,,,,,,,,,,, statistics_.doc Unformatted Attachment Preview HIGHER COLLEGE OF TECHNOLOGY DEPARTMENT: BUSINESS STUDIES Final Examination: Assignment Based Assessment Semester: II A. Y.: 2019 / 2020 Start Date: Tuesday, 19 May Time: 09.00 AM Due Date: Thursday, 21 May Time: 09.00 AM Student Name Student ID Specialization Section 01 to 11 Level DIPLOMA FIRST YEAR Course Name MANAGERIAL STATISTICS FOR BUSINESS Course Code BAST1206 For official Use Only Question No. Max. Marks 5 1 5 2 5 2 5 3 5 3 5 4 5 4 5 5 5 5 5 6 5 6 5 7 5 7 5 8 5 8 5 9 5 9 5 10 5 10 5 Grand Total Marks 50 Question No. Max. Marks 1 Obtained Marks Obtained Marks 50 First Marker: Second Marker: Date: Date: Guidelines for Students to Submit the Assignment: 1|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II 1) The final assessment for semester 2, 2019-20 will be done through comprehensive assignment for a maximum of 50 marks. The schedule of the final assessment is available in the college website. https://www.hct.edu.om/about/the-college/announcements/final-assessment-timetable-041620 2) All the students are expected to have only one assignment at one time. In case, if the students have more than one assignment on the same day, please report to the exam committee through the following mail id. exam.bus@hct.edu.om as soon as possible. 3) All students are given 48 hours to complete and submit each assignment from the day, date and time the assignment is uploaded. Students are advised not to wait till the last moment of the deadline to submit the assignment. 4) The students can check the assignment anytime and any number of times from the opening of the assignment. The answer to the assignment need to be uploaded in e-learning within 48 hours. 5) The answer to the assignment can be uploaded only one time. No requests for resubmission of the assignment will be entertained. 6) The students may contact the following mail Ids if they face any difficulties while related to final assignment. For Academic related support : Business Courses anand.kalimani@hct.edu.om karri.krishna@hct.edu.om For Technical Writing 1 ramil-ecot@hct.edu.om For Technical Writing 2 khulood.aiadi@hct.edu.om For Technical Communication jocelyn.balili@hct.edu.om For issues related to e-mail office365support@hct.edu.om accounts and Microsoft Teams 2|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Any issues related to E-Learning support.elearning@hct.edu.om Moodle Any other IT Troubleshooting 7) helpdesk2@hct.edu.om Students may contact their respective lecturer through college email (within the 48-hour period given) if they have any doubts and clarifications on the assignments. 8) Students should be aware that this assignment is an independent assessment. Students are not allowed to get help from any other person during the assessment period. 9) Students assignment will be checked for plagiarism through Turnitin software. This assignment will be assessed as per the College Assessment Policy. Student will be investigated in case of plagiarism as per the College policy and procedures. The maximum acceptable similarity index is 25\%. 10) In case the students face any technical issues regarding the submission of assignment, the answer to the assignment can be mailed to the concerned lecturer within the 48-hour period using college email. 11) Any assignment submitted after the 48-hour period will not be considered for evaluation. 12) The assignment should be submitted only with the file in MS Word document. No other format is acceptable at all (e.g. pictures, JPEG, PDF, etc). 13) The students need to answer the assignment in the prescribed number of words as mentioned in the assignment. 14) The students need to follow the following format while preparing the assignment : Font Style: Times New Roman Font Size: 12 point for body and 14 point for Headings Line Spacing: 1.5 Margin: 2.54cm (One inch) on all the sides Page Number : At the bottom right hand corner of each page Colour: All words should be in black colour 15) Students who will fail to submit their assignment as per the deadline given are required to make an online appeal along with the valid excuses as the guidelines which will be announced through the college website or e-learning portal within three days from the date of submission deadline. ANSWER ALL THE QUESTIONS, SHOW ALL CALCULATIONS, WORKING NOTES AND EXPLANATION (EACH QUESTION WILL CARRY 05 MARKS) 3|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Q 1: Mr. Omar, a Managerial Statistics Lecturer at Higher College of Technology has recently conducted a class test in two different sections. He is interested to find out the consistency in the marks obtained by the students. He has randomly selected 10 students from each class and marks are: Section A: 10, 16, 10, 4, 14, 20, 6, 12, 8 and 16 marks Section B: 16, 12, 6, 8, 10, 12, 8, 14, 10 and 8 marks a) Describe the process of calculating the standard deviation for grouped data, ungrouped data and raw data. ( 1 +1+1 Marks) b) Find out which section is more consistent in obtaining the marks based on Standard Deviation (SD) . (2 Marks). Q 2: Al Bayan building construction supplier is worried about the fluctuating sales of cement in the last 03 months. They requested Mr. Ali a professional market researcher, to find out the average sales of cement in the last 03 months. Sales (’00 RO) No. of days 00-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80 09 13 18 10 14 8 8 10 a. Elaborate what do you understand by measures of central tendencies? (at-least two measures) b. Find out average sales in the last 03 months. c. Discuss at least two characteristics of mean. (2+2+1= 5 Marks) 4|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Q 3: Al Jabal English Academy had organized exam for the students and exam was attended by 27 Male students and 18 Female students. The exam result shows that 8 Male students and 10 female students obtained A Grade and remaining students got either B or C Grade. a) Analyze what is meant by probability? Why it is important to use probability in business and management fields? (2 Marks) b) Give a suitable example to differentiate between addition & multiplication rules of probability? ( 1 Mark) c) If a student is selected randomly, what is probability that we get a male student or A grade student? (1 Mark) d) If a student is selected randomly, what is probability that we get a male student or female student? (1 Marks) Q 4: Mr. Majid, Manager of Global Money Exchange, Rawasco Branch Muscat has conducted a survey to investigate the number of customers visited the Rawasco branch for transferring money to different countries in the last 30 days. The number of the customers visited the Rawasco branch are: 40, 46, 39, 37, 56, 54, 38, 33, 37, 43, 33, 57, 22, 48, 82, 48, 36, 35, 50, 33, 39, 57, 43, 36, 50, 39, 44, 32, 44 and 50. a) What are the main objectives of constructing a grouped frequency distribution table? Discuss at least three objectives. ( 1.5 Marks) b) Construct a grouped frequency distribution table using 5 classes. (2.5 Marks) c) Suggest a suitable graph to present the data. Give reasons to your answer. ( 1 Mark) 5|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Q 5: Oman Ice LLC, one of the Oman’s leading ice creams manufacturing company is interested to find out any relationship between temperature and sale of ice cream. Company has recently hired Mr. Waheed, a professional market researcher and provided him the last 07 years data. Mr. Waheed would like to use the suitable method to find out the relationship between temperature and Sales Volume. Sales Average Year Volume Temperature (0C) (OMR in Millions) 2013 12 60 2014 36 88 2015 24 72 2016 20 40 2017 32 76 2018 32 84 2019 20 68 a) Discuss the strength and direction of relationship between temperature and sales volume. b) Discuss the importance of correlation analysis in statistics. (4+1=5 Marks) Q6: a) Fit a regression equation for the above data set (Question No, 5). ( 1 Mark) b) Discuss how can linear regression equations helps in the process of forecasting future sales based on the above set of data? ( 1 Mark) c) What would be the value of sales if temperature is equal to 50 degrees? ( 3 Marks) 6|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Q.7: Bank Muscat has recently hired Mr. Hamood Al Amri, a professional market researcher to conduct a survey and find out the association between the bank service, behavior of the bank employee, ease of transaction with customer satisfaction. Bank Muscat has 150 branches and more than 500,000 account holders (customers) in the Sultanate of Oman. Mr. Hamood realized that it is not possible to collect the data from all the bank customers considering the time to complete the survey. (5Q*1M=5 Marks) a) Describe the Population b) Find out the independent variables. Give reason to your answer c) Which research instrument will be suitable to collect the data? Discuss with reasons d) What should be the sample size? Discuss analytically e) Inferential statistics will be applicable. Discuss analytically 7|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Q.8: TE Oman survey firm has recently published the demographic data of Muscat for the last 07 years and also highlighted the increased number of students completing the graduation studies from the different colleges of Muscat. The survey firm would like to calculate 03 yearly graduation trend using moving average method. Year 2014 Muscat Population 1,025,000 Graduates 53,000 2015 1,075,000 54,225 2016 1,126,000 55,214 2017 1,275,000 58,225 2018 1,301,000 59,775 2019 1,325,000 60,125 2020 1,506,000 61,288 a) Find out the 03 yearly graduation trend and evaluate the trend values b) How do you differentiate between moving average and semi average method? c) Is this the example of secular trend? Discuss with reasons (3+1+1=5 Marks) 8|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Q 9: Oman Football Club are having 40 football players and getting trained under Mr. Faisal, a football coach. The average weight of the players is 55 kg and average height is 152 cm. Mr. Faisal, a football coach would like to find out the following things: a) If the weight of the coach (66 kg) is included, what will be the mean weight of the players including coach? (01 Mark) b) If 08 new football players having height 148 cm, 155 cm, 157 cm, 135 cm, 155 cm, 142 cm, 143 cm and 148 cm included, what will be the mean height of the players excluding coach? (02 Marks) c) If 08 players having weight of 54 kg, 46 kg, 48 kg, 60 kg, 60 kg, 62 kg, 61 kg and 50 kg have been removed from the club, what will be the average weight of the players excluding coach? (02 Marks) 9|P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II Q 10: Mr. Mohammed Al Bulushi a software engineer living in Muscat with his wife and two children’s (twins) named Rashid and Hana studying in the 7th standard. Rashid is studying with Muscat International School while Hana is studying in Gubra School. The average weekly school expenses of the two schools for last 07 years are: Year Muscat Gubra International School School Weekly Weekly Expenses (RO) Expenses (RO) 2013 20 22 2014 23 25 2015 30 30 2016 28 27 2017 24 18 2018 24 23 2019 27 24 a) Find out the school which has more stable weekly expenses using Coefficient of Variation b) Coefficient of Variation is different from IQR. Discuss analytically (3+2=5 Marks) 10 | P a g e HCTBUSDEPTAY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II HCTBUSDEPT AY2019-20SEM-II ... Purchase answer to see full attachment
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Throughout your nurse practitioner program Vignette Understanding Gender Fluidity Providing Inclusive Quality Care Affirming Clinical Encounters Conclusion References Nurse Practitioner Knowledge Mechanics and word limit is unit as a guide only. The assessment may be re-attempted on two further occasions (maximum three attempts in total). All assessments must be resubmitted 3 days within receiving your unsatisfactory grade. You must clearly indicate “Re-su Trigonometry Article writing Other 5. June 29 After the components sending to the manufacturing house 1. In 1972 the Furman v. Georgia case resulted in a decision that would put action into motion. Furman was originally sentenced to death because of a murder he committed in Georgia but the court debated whether or not this was a violation of his 8th amend One of the first conflicts that would need to be investigated would be whether the human service professional followed the responsibility to client ethical standard.  While developing a relationship with client it is important to clarify that if danger or Ethical behavior is a critical topic in the workplace because the impact of it can make or break a business No matter which type of health care organization With a direct sale During the pandemic Computers are being used to monitor the spread of outbreaks in different areas of the world and with this record 3. Furman v. Georgia is a U.S Supreme Court case that resolves around the Eighth Amendments ban on cruel and unsual punishment in death penalty cases. The Furman v. Georgia case was based on Furman being convicted of murder in Georgia. 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The team is currently using an I would start off with Linda on repeating her options for the child and going over what she is feeling with each option.  I would want to find out what she is afraid of.  I would avoid asking her any “why” questions because I want her to be in the here an Summarize the advantages and disadvantages of using an Internet site as means of collecting data for psychological research (Comp 2.1) 25.0\% Summarization of the advantages and disadvantages of using an Internet site as means of collecting data for psych Identify the type of research used in a chosen study Compose a 1 Optics effect relationship becomes more difficult—as the researcher cannot enact total control of another person even in an experimental environment. Social workers serve clients in highly complex real-world environments. 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