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Decision Science NMIMS Assignment Solution December 2022

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Decision Science NMIMS Assignment Solution December 2022

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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Decision Science
Internal Assignment Applicable for December 2022 Examination

Assignment Marks: 30

Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.

1. Your favorite team Garuda is in the final season of Indian Premier League. Raj Kaul, an
expert has assigned a probability of 60% that Garuda will win based on his study of the
current scenario. Past records indicate that when teams win the championship, they win
the first game of the series 70% of the time. When they lose the series, they win the first
game 25% of the time.
The first game is over; your team has lost. What is the probability that it will win the
series?
Note:
 Probability Tree Diagram is required in this question. You are advised to draw the
diagram in Word, PowerPoint etc.
 Do not draw the diagram manually, handwritten/ snapshots are not allowed.
(10 Marks).

2. Run Regression Analysis based on the given Data.

1. Calculate the Line of regression Y on X (Don’t use Excel, calculate manually)

2. What is b1 telling you about the relationship?

Shivani Raje is making Kakhra and selling online via e-commerce websites. Recently
she is looking for some insights for improvising the quality of her product. She thought
of survey, she asked her recent customers about the quality of the product and their
satisfaction level towards the same. Her scale is 1 to 5. Higher the score higher the
satisfaction/ quality and lower score value indicates lower level of satisfaction and poor
quality.
Customer Satisfaction score
(Y)
Quality Ratings given by Customer
(X)
5 5
5 5
5 4
5 4
5 5
5 5
5 3
5 5
4 4
4 4
4 4
4 4
4 3
4 3
4 4
4 2
3 3
3 3
3 3
3 2
2 2
2 2
1 1
1 1
1 1
1 3
1 1
Note: You are advised to calculate manually, do not use software.
(10 Marks)

3. a. Calculate the Relative Frequency based on the following Data and using ‘Relative frequency’
discuss the data by choosing appropriate graph.
Data: District wise Micro, Small and Medium Enterprises
State Name District Name Total MSMEs
TRIPURA WEST TRIPURA 2915
TRIPURA SOUTH TRIPURA 586
TRIPURA DHALAI 439
TRIPURA NORTH TRIPURA 854
TRIPURA KHOWAI 514
TRIPURA UNAKOTI 447
TRIPURA SEPAHIJALA 383
TRIPURA GOMATI 513
Data Source: Data.gov.in
Note:
 You may use EXCEL, Tableau, Power BI Etc. for creating Graph.
 You are allowed to copy graph only, make sure you follow the general instructions
for writing assignment.
(5 Marks)

3. b.
1. Analyze the following data and show the top 2 districts using Bar chart.
2. Calculate the median and provide the list of districts above median value.
State Name District Name Number of Micro, Small and
Medium Enterprises
ANDHRA PRADESH SRIKAKULAM 10895
ANDHRA PRADESH VIZIANAGARAM 30186
ANDHRA PRADESH VISAKHAPATNAM 29070
ANDHRA PRADESH EAST GODAVARI 26546
ANDHRA PRADESH WEST GODAVARI 33541
ANDHRA PRADESH KRISHNA 23231
ANDHRA PRADESH GUNTUR 25479
ANDHRA PRADESH PRAKASAM 45171
ANDHRA PRADESH SPSR NELLORE 54059
ANDHRA PRADESH Y.S.R 37500
ANDHRA PRADESH KURNOOL 15362
ANDHRA PRADESH ANANTHAPUR 21193
ANDHRA PRADESH CHITOOR 27670
Data Source: Data.gov.in
Note: You are advised to calculate manually, do not use software.
(5 Marks)

 

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