SPRING-2018
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Bachelor of
Business Administration- BBA Semester 1
BBA104 – Quantitative
Techniques in Business
Q1. What do
you mean by Statistics? Discuss various functions and limitations of
statistics.
Answer. The term statistics is used to mean either statistical
data or statistical method. Statistical data refers to the quantitative aspects
of things, and is a numerical description. Thus the distribution of family
incomes is a quantitative description. But there are some quantities which are
not in
Q2. Elaborate
different Variations in Time Series Analysis.
Ø Secular
Trend
Ø Cyclic
Fluctuations
Ø Seasonal
variations
Ø Irregular
Variations (2.5+2.5+2.5+2.5= 10)
Answer.
Q3. a.
Define Index Numbers.
b. Construct
Laspeyre’s & Paasche’s index for jan 2018 on the basis of jan 2017 for the
data represented in the following table:
|
Commodities
|
Jan 2017
|
Jan 2018
|
||
|
Price
|
Qty
|
Price
|
Qty
|
|
|
P
|
25
|
6
|
27
|
5
|
|
Q
|
35
|
9
|
40
|
6
|
|
R
|
30
|
10
|
32
|
12
|
|
S
|
12
|
5
|
16
|
6
|
|
T
|
50
|
4
|
45
|
5
|
Answer. Meaning
of Index Number
Index numbers are a specialized type of average. It
measures how much a variable changes over time. They are designed to measure
the relative change in the level of phenomenon with respect to time,
geographical
SPRING-2018
Get solved
assignments at nominal price.
Mail us at: subjects4u@gmail.com or contact at
08894344452, 8219081362
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