Quantitative Techniques in Management 2016 

Q.1 Write short notes on the following
1. Arithmetic Mean (AM) 2 marks
2. Probability 2 marks
3. Hypothesis 2 marks
4. Regression 2 marks
5. VAM 2 marks
Q.2 . What do you mean by joint probability distribution? 5 marks
Q.3 . What do you mean by Game Theory? 5 marks
Q.4 . A sweet stall observed that the demand for item Mysurpa per week in one kilogram pack is as
follows:
Demand/week (per kilo pack) 5 10 15 20 25 30
Frequency                                4 22 16 42 10 6
Generate the demand for the next 10 weeks, and also find the average demand

Q.5. Two samples of sizes 8 and 10 are drawn from two normally distributed populations having
variances 20 and 36, respectively. Find the probability that the variance of the first sample is more
than twice the variance of the second sample.