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Business Statistics
1.
Sixty per cent of students applying for admissions at NGASCE are female. 30
applications were received on a particular day. What is the probability that
exactly 15 of the applications will be from females? What is the probability
that fewer than 10 of the applications will be from females? Also, calculate
the expected number and variance of the number of applications from females?
(10 marks)
2. The
following data represent the number of Pen drives sold per day at a local
computer shop and their daily average sales prices after bargain. (10 marks)
Develop a least-squares regression line and explain
what the slope of the line indicates. Compute the coefficient of determination
and comment on the strength of relationship between x and y.
3. The growth in bad-debt expense for Chadha and
Chadha Company over the last 20 years is as follows.
a) With the help of different statistical tools discuss
the financial health of the company. (5 Marks)
b) Assume that you are a branch manager with a leading
bank and if the Chadha and Chadha Company’s Managing Director approaches you
with a funding request for its expansion plan, what will be your decision?
Justify your decision based on your statistical analysis. (5 Marks)
Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
www.mbacasestudyanswers.com
ARAVIND – 09901366442 – 09902787224
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