|
SESSION |
FEB/MAR 2021 |
|
PROGRAMME |
MASTER OF BUSINESS ADMINISTRATION (MBA) |
|
SEMESTER |
I |
|
COURSE CODE & NAME |
DMBA103-STATISTICS FOR MANAGEMENT |
|
CREDITS |
4 |
|
NUMBER OF ASSIGNMENTS , CREDITS & MARKS |
02 4 Credits, 30 Marks each |
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Question 1. Define statistics. Explain
different characteristics of statistics
Answer: Statistics: It has been derived from the
Latin word "Status", German word "Statistik" and the
Italian word "Statista", but all have the same meaning, that is the
political state.
In the ancient period,
"statistics" was used by the ruling head of states to collect the
information, of the military strength, population, property and wealth of the
country, etc.
So, in those days
"Statistics" was considered as the science of statecraft. But at
present, statistics is used by economists, managers, scientists researchers,
etc
Question 2. Define statistical survey.
Explain different methods of data collection.
Answer: Statistical survey: Survey data
is defined as the resultant data that is collected from a sample of respondents
that took a survey. This data is comprehensive information gathered from a
target audience about a specific topic to conduct research. There are many
methods used for survey data collection and statistical analysis.
Question 3. Explain different types of
sampling techniques.
Answer: Types of sampling: sampling methods
Sampling in market research is of two types – probability sampling
and non-probability sampling. Let’s take a closer look at these two methods of
sampling.
Probability sampling: Probability
sampling is a sampling technique where a researcher sets a selection of a few
criteria and chooses members of a population randomly. All the members have an
equal opportunity to be a part of the sample with this
Dear students, get latest Solved
assignments by professionals.
Mail us at:
help.mbaassignments@gmail.com
Call us at: 08263069601
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