Quantitative Applications in Management & Research
ASSIGNMENT
PROGRAM:
SEMESTER-I
Subject Name
: Quantitative Applications in Management & Research
Permanent Enrollment Number (PEN) :
Roll Number (SEN)
:
Student Name
:
INSTRUCTIONS
a) Students are required to submit all three assignment sets.
ASSIGNMENT
Assignment A
Assignment B
Assignment C
b)
c)
d)
e)
DETAILS
Five Subjective Questions
Three Subjective Questions + Case Study
40 Objective Questions
MARKS
10
10
10
Total weightage given to these assignments is 30%. OR 30 Marks
All assignments are to be completed as typed in word/pdf.
All questions are required to be attempted.
All the three assignments are to be completed by due dates (specified from time to time) and need to be
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Find the correlation coefficient between Age(X) and Blood Pressure(Y) and discuss its nature.
Find the two lines of regression.
Estimate the blood pressure of a woman whose age is 45
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Quantitative Applications in Management & Research
Assignment –
C
Ques.1 a sequence of interrelated decisions made either simultaneously or over several time periods called dynamic decisions.
a.
b.
c.
d.
dynamic decisions static decisions
Both
None
Ques.2 Stocking of an item for sale in a certain trade fair, illustrates a
a. Static decision
b. Where uncertainly exists
c. Nature is opponent.
d. All of above
Ques.3 Quantitative analysis is also called
a.
b.
c.
d.
Operations research
Management science
Quantitative techniques
All the above
Ques.4 Quantitative research provides the fundamental connection between
a. empirical observation and mathematical expression
b. empirical observation and qualitative expression
c. empirical observation and social expression
d. empirical observation and all expression
Ques.5 Most of the business decisions can be made on the basic of
a.
b.
c.
d.
Rule of thumb
Commonsense
Snap judgment.
Quantitative Techniques
Ques.6 Statistics is a branch of
a.
b.
c.
d.
applied physics applied mathematics applied commerce
Dramatics
Ques.7 The mean of 7, 12, 24, 20, 19 is
a.
b.
c.
d.
14
16
15.4
16.4
Ques.8 ∑ (X/c) =
a. ∑ ( X)/n c
b. ∑ ( X)/∑ c
Copyright©Amity University
Quantitative
Collects numerical data that can be quantified. Research with numbers. Focus on measuring, collecting and drawing relationships through statistical analysis and experimentation.
For the purpose of this study, the researcher intends to use a cross-sectional research design where all the data will be collected at the same time. The distribution of the research questionnaires will take place over a time period of two weeks where the main data will be collected from the respondents.
Analysis – An analysis was carried to understand if there is a relationship between the
A researcher found a significant relationship between a person's age, a, the number of hours a person works per week, b, and the number of accidents, y, the person has per year. The relationship can be represented by the multiple regression equation y = -3.2 + 0.012a + 0.23b. Predict the number of accidents per year (to the nearest whole number) for a person whose age is 42 and who works 46 hours per week.
3. Perform more accurate quantitative analysis while taking to an account such factors as relationship between different events and actual moment of the events. Intaver Institute (N.D)
For Question 5, fully address management’s concerns as part of your written analysis using the new or the previous calculations to support your recommendation/explanation. As part of your written analysis, include how management might use these calculations to make decisions. The written analysis should be supported by at least 2 scholarly sources, excluding the textbook.
Use the Internet or Strayer Library to research articles on confidence interval and its application in business. Select one (1) company or organization which utilized confidence interval technique to measure its performance parameters (e.g., mean, variance, mean differences between two processes, etc.). Give your opinion as to whether or not the utilization of such a technique improves business process for the company or organization that you selected. Justify your response.
In order to figure out how variables relates to each other and the connections among the variables, or one can predict the other. I will choose three quantitative variables or two quantitative variables and one categorical variable on each pairs. I will also use graphs of scatter plots; regression and correlation to understand that how one variable affect other two variables. There are six groups below:
The example below lists the results for numbers 6-10. The measures of central tendency include mean, median, and mode. In this example the measures of central tendency will be calculated based on row B, which indicates the number of months that a particular employee has been with the company. The data being analyzed is the
"There are several different kinds of relationships between variables. Before drawing a conclusion, you should first understand how one variable changes with the other. This means you need to establish how the variables are related - is the relationship linear or quadratic or inverse or logarithmic or something else" ("Relationship Between Variables ", n.d)
task to identify various elements of the research.The search for the rival explanations and the explanation of the negative cases help in this.These has to be done with the data in mind and the technical analysis is one of the most important factors in the determination of the credibility of the researcher(Leininger et al., 1985).
Great a population to research this is 110 nurses .The sample of the made in using a technique simple random sampling 53 nurses who worked in chambers in-patient .Dependent variable to research this compliance nurse washing the hands ( handrub ) , while the independent variable is age , sex , length of employment , education , knowledge , a unit of work , facilities , responsibility , the presence of the head room .The results of the correlation to live with hand washing ( handrub ) p = 0.38 , showed there was no connection between the ages of with hand washing ( handrub ) , to sex p = 0.682 showed there was no connection between the sexes with hand washing ( handrub ) , for the work p = 0.079 showed there was no connection between when working with hand washing ( handrub ) , for education p = 0.000 , showed there was a correlation between education by compliance hand washing ( handrub ), For knowledge p = 0.001 show there was a correlation between knowledge by compliance washing hands ( handrub ) , to a unit of work p = 0.967 exhibit no there was a correlation between a unit of work with compliance washing hands ( handrub ) , for a line of p = 0.105 exhibit no there was a correlation between facilities with compliance washing hands ( handrub ) , to the jawap p = 0.655 show there was a correlation between the responsibility of compliance with hand washing ( handrub ) , for the presence of the head room p = 0.455 exhibit no there was a correlation between the presence of the
The purpose of this paper is to correlate the research from multiple sources over a period of time that have observed the
For accountability measures, an individual is necessitated to acquire quantitative thinking. This a good process that helps in decision making when dealing with critical issues in workplaces for it; helps one to interpret the models that deal with mathematics like tables, formulas, schemes, graphs and they help to draw inferences from the models, it helps a quant to realize that there is a limit with mathematical methods as well statistical methods and it provides several ways to solve the problems like geometric, statistical and algebra.
A contract is a written or spoken agreement between two or more parties that involves the exchange of two promises, which is intended to be enforceable by law. The four basic elements are the offer, consideration, acceptance, and mutuality. When elements are broken down individually, each one is just as important as the next. If one of these elements are broken or misunderstood, it could mean result in the contractual agreement becoming not valid and end in lawsuit. The overall purpose of the contract is for legal purpose and to keep a order within an agreement.