Decision Science - NMIMS Solved assignments 2025 Latest

 

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Decision Science

Jun 2025 Examination

 

1. Calculate Fisher Ideal Index number (10 Marks)

Commodities

Base Year Price (P₀)

Base Year Expenditure (E₀)

Current Year Price (P₁)

Current Year Expenditure (E₁)

A

2

40

5

75

B

4

16

8

40

C

1

10

2

24

D

5

25

10

60

 

 

Q2 A bag contains 5 white and 3 black balls , 4 balls are successively drawn out and are not replaced. What is the chance that they are taken alternatively of different colours (10 Marks)

 

Q3 (A).

Marks

No. of Students

0 – 10

10

10 – 20

15

20 – 30

x

30 – 40

30

40 – 50

10

50 – 60

10

 

Find the missing frequency if N is 100 and median is 30

 

 

Q3 (B)

Wages (Rs)

40

44

54

60

62

64

70

80

90

96

 

Calculate Standard deviation

 

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