Thursday, 23 June 2016

MB0040 - STATISTICS FOR MANAGEMENT

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ASSIGNMENT

DRIVE
SPRING 2016
PROGRAM
MBADS / MBAHCSN3 / MBAN2 / PGDBAN2 / MBAFLEX
SEMESTER
I
SUBJECT CODE & NAME
MB0040 - STATISTICS FOR MANAGEMENT
BK ID
B1731
CREDITS
4
MARKS
60


Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Q1.         Write Short notes on
a. Descriptive Statistics
b. Measurement Scales
c. Editing of Data
d. Frequency Distribution
e. bar diagram

a. Descriptive Statistics: Descriptive statistics are distinguished from inferential statistics (or inductive statistics); Descriptive Statistics is used to present the general description of data which is summarized quantitatively.


b. Measurement Scales: Variables differ in how well they can be measured, that is, in how much measurable information their measurement scale can provide. There is obviously some measurement error


c. Editing of Data: Editing the data is important and it is a time-consuming process. The data collected through various sources will be highly unorganized and needs to be summarized and analyzed for further studies. There

d. Frequency Distribution: A systematic presentation of the values taken by variable together with corresponding frequencies is called a frequency distribution of the variable. A frequency distribution is a statistical table which shows, the set of

E. bar diagram: Simple bar diagram is drawn when items are to be compared with respect to a single characteristic. A rectangular bar is constructed with height proportional to the magnitude of the items. It can be drawn



Q2. What do you mean by Probability?Define following basic terminologies used in probability theory.

Definition of Probability: The probability of an event is the measure of the chance that the event will occur as a result of an experiment. The probability of an event A is the number of ways event A can occur divided by the total number of possible outcomes. Probability is a numerical measure which indicates the chance of occurrence of



Q3.         Define Probability Distributions. State the assumptions and usage of Binomial Distribution and Normal Distribution.

A Probability distribution which has the following probability mass function (p.m.f) is called Binomial distribution.
When a Bernoulli experiment is repeated for ‘n’ number of times, then it is called a binomial process. Binomial distribution is a discrete probability distribution. Its probability mass function is given by:




Q4. Write short notes on
a. Type I and Type II error
b. Level of Significance
c. Null Hypothesis
d. Two–tailed Tests and One–tailed Tests
e. Test Statistics


a. Type I and Type II error: type I error
For example, making a type I error (rejecting a null hypothesis when it is true) involves the time and trouble of reworking a batch of chemicals that


b. Level of Significance: The purpose of hypothesis testing is not to question the computed value of the sample statistic but to make a judgment about the difference between that sample statistic and a hypothesized value for


c. Null Hypothesis: A null hypothesis is a type of hypothesis used in statistics that proposes that no statistical significance exists in a set of given observations. The null hypothesis attempts to show that no variation exists


d. Two–tailed Tests and One–tailed Tests: A two-tailed test of a hypothesis will reject the null hypothesis, if the sample mean is significantly higher than or lower than the hypothesized population



Q5. Explain the concept of Chi-Square. Following table depicts the production in three shifts and the number of defective goods that turned out in three weeks in an organization. Test at 5% level of significance whether weeks and shifts are independent.
Shift
WEEK 1
WEEK 2
WEEK 3
I
15
5
20
II
20
10
20
III
25
15
20


Solution:
Shift
1st Week
2nd Week
3rd Week
Total
I
15
5
20
40
II
20
10
20
50




Q6.Case Study –
The following table gives the weekly sales of black &color cartridges by a computer accessories store for the past 7 weeks.
Weekly Sales of Cartridges

Black Cartridges
Colour Cartridges
Week
Sales
Week
Sales
1
60
1
67
2
50
2
57
3
70
3
47
4
60
4
50
5
50
5
60
6
55
6
70
7
45
7
60

Prepare a weekly forecast for the next 5 weeks for both types of cartridges. Justify the methodused.



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Sunday, 19 June 2016

MS-27 /TMA/SEM - II/2016 - Wage and Salary

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ASSIGNMENT

Course Code                                                                      :                               MS - 27
Course Title                                                                       :                               Wage and Salary Administration
Assignment Code                                                            :                               MS-27/TMA/SEM - II/2016
Coverage                                                                             :                               All Blocks

Note: Attempt all the questions and submit this assignment on or before 31st October, 2016 to the coordinator of your study centre.



Question.1. Explain the concept and structure of compensation. Describe the functions and responsibilities of compensation programme of an organization you are familiar with.

Answer: Compensation can be defined as all of the rewards earned by employees in return for their labour. This includes:

·         Direct financial compensation consisting of pay received in the form of wages, salaries, bonuses and commissions provided at regular and consistent intervals
·         Indirect financial compensation including all financial rewards that are not included in direct compensation and can be understood to form part of the social contract between the employer and employee such as benefits, leaves, retirement plans, education, and employee services
·       Non-financial compensation referring


Question.2. Explain the purpose and application of the payment of wages Act, 1936. Describe the concept of deduction from wages and limits on the total amount of deduction can the fine be deducted from wages of an employed persons? If so, subject to what conditions.

Answer: The Payment of Wages Act regulates the payment of wages to certain classes of persons employed in industry and its importance cannot be under-estimated. The Act guarantees payment of wages on time and without any deductions except those authorised under the Act. The Act provides for the responsibility for payment of wages, fixation of wage period, time and mode of payment of wages, permissible deduction as also casts upon the employer a duty to seek the approval of the Government for the acts and permission for which fines may be imposed by him and also sealing of the fines, and also for a machinery to hear and



Question.3. What do you understand by the concept of wages, explain the concept of basic wage through examples. Why dearness is allowance an integral part of pay packet, explain how is it administered?

Answer: Compensation Management is the most important concept from the organisation's point of view. Today, it is the biggest problem for every organistion to retain and attract the employees. So, to remove these problems an organisation should have a deep knowledge about Pay-packet composition. Pay packet is a comprehensive term consists of several elements. Its compositions are - Basic wage, Dearness allowance, House rent allowance, City compensatory allowances, annual statutory bonus, Incentive, Bonus (Fixed Variable and variable), various other perks, Benefits, Medical, Conveyance Etc.

The pay-packet remains the important element of human resource management to retain and motivate employees. It is must for every organisation


Question.4. Define “incentives”. Bring out their advantages and limitations. Explain the various individual and group incentive plans and their respective merits and demerits.

Answer: Wageincentive refers to performance linked compensation paid to improve motivation and productivity. It is the monetary inducements offered to employees to make them perform beyond the acceptance standards.

According to the National Commission of Labour “



Question.5. Describe the tax planning for employee compensation in any organization you are familiar with. Explain the tax implications of employee compensation package to the employer and employees.

Answer: There are many federal, state, and local employment and tax laws that impact compensation. These laws define certain aspects of pay, influence how much pay a person may receive, and shape general benefits plans.

The Fair Labor Standards Act (FLSA) is probably the most important piece of compensation legislation. Small business owners should be thoroughly

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Masters In International Business Administrations - Case Study Project

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Case Study Project
Total Marks: 100


Masters In International Business Administrations



Question. 1. When your employees know more than you:

Managing today’s highly skilled professionals takes special skills – and not the one that you may think. Elaborate on this topic by presenting convincing arguments.


Answer:Management is the essential part of today’s business. When you are running a business or managing a business then you would need to learn advanced skills for this. In the present time of competitive business world, it is not possible to get good achievements on the basis of old and out-dated leadership and management skills. In today’s world of higher level management, the essential thing to have is advanced level professional and special skills that can help company to move forward. And of course, these special skills do not resemble with the old and out dated skill requirements. If we take the example of old requirements of the management then it was leadership skills and proper management. But things have changed in the present time. If we talk about the advanced specialized skills required for the management in today’s firm then we will find out that the requirement is far more than our
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BT0082, Visual Basic

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[SPRING 2016 ] ASSIGNMENT



PROGRAM
BSc IT
SEMESTER
FOURTH
SUBJECT CODE & NAME
BT0082, Visual Basic
CREDIT
4
BK ID
B1093
MAX.MARKS
60

Answer all the questions

Question. 1. Explain the process of extracting and drawing images using Image list control.

Answer: An ImageList control contains a collection of images that can be used by other Windows Common Controls — specifically, the ListView, TreeView, TabStrip, and Toolbar controls. For example, the ImageList control can store all the images that appear on a Toolbar control's buttons.

The ImageList control can also be used with controls that assign a Picture object to a Picture property, such as the PictureBox, Image, and CommandButton controls.



Question. 2. Explain the concept of Inheritance in VB.Net.

Answer: When we say inheritance in Visual Basic .NET, we mean that a child gets a copy of everything found in a parent plus anything we add to that child. Technically, a child gets a copy of the data and access to a methods table, but for simplicity we think of child classes as getting their own copy of everything. This does not mean that a child can directly access every member inherited from the parent; access rules still apply. The child gets a copy of everything, but can only directly access public, protected, and friend members of a parent. Because private members represent implementation details, a child class is usually interacting with private members indirectly via public, protected, or friend members.



Question. 3. Explain the concept of Exit Try statement in VB.NET with an example.

Answer: : A Select Case statement allows a variable to be tested for equality against a list of values. Each value is called a case, and the variable being switched on is checked for each select case.
Syntax:


Question. 4. Define SQL. Explain the select statement of SQL with examples.

Answer: SQL (Structured Query Language) is a standard interactive and programming language for getting information from and updating a database. Although SQL is both an ANSI and an ISO standard, many database products support SQL with proprietary extensions to the standard language. Queries take the form of a command language that lets you select, insert, update, find out the location of data, and so forth. There is also a programming interface.


Question. 5. Describe the concept of record navigation in VB.NET.

Answer: NavigateRecords() : Our Subroutine is where the action takes place, and the values from the DataSet are placed in the textboxes. Here it is again:

Private Sub NavigateRecords()
txtFirstName.Text = ds.Tables("AddressBook").Rows(inc).Item(1)
txtSurname.Text = ds.Tables("AddressBook").Rows(inc).Item(2)
End Sub





Question. 6. Describe the concept of jagged arrays in visual basic with an example.

Answer: jagged arrays: - A jagged array is an array whose elements are arrays. The elements of a jagged array can be of different dimensions and sizes. A jagged array is sometimes called an "array of arrays." The following examples show how to declare, initialize, and access jagged arrays.
The following is a declaration of a single-

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