5528-Business Mathematics and Statistics
ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD
(Department of Business Administration)
***
BUSINESS MATHEMATICS AND STATISTICS (MBA-5528)
CHECKLIST
SEMESTER: AUTUMN 2010
This packet comprises the following material:
1. Text books (two)
2. Course outline
3. Assignment No.1 & 2
4. Assignment forms (2 sets)
In this packet, if you find anything missing out of the above mentioned material, please contact at the address given below:
Deputy Registrar (Mailing)
Services Block # 28
Allama Iqbal Open University
H-8, Islamabad. Phone: 051-9057611-12
Course Coordinator ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD
(Department of Business Administration)
WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENTS BORROWED OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”.
Course: Business Mathematics and Statistics (5528) Semester: Autumn 2010
Level: MBA Total Marks: 100
Pass Marks: 40
ASSIGNMENT No. 1
Q. 1 (a) A data processing manager purchased remote terminal processing time to run special jobs at two different computer “utilities”. She wishes to sign a long-term contract with the firm whose computer causes the least delay on the average. The numbers of minutes of delayed processing per week were obtained during trial periods with each firm and are provided below: Compu Quick 210 15 47 93 104 Dial-a-Pute 18 341 523 25 19 293 115 203
Assuming that trial experience is representative of future performance, which firm should receive the business? Substantiate your answer with appropriate calculations. (10)
(b) The length of life of 220 incandescent 60-watt lamps was obtained and yielded the frequency distribution shown in the table given below:
Class Limit Frequency
500-599 3
600-699 7
700-799 14
800-899 28
900-999 64
1000-1099 57
1100-1199 23
1200-1299
(Department of Business Administration)
***
BUSINESS MATHEMATICS AND STATISTICS (MBA-5528)
CHECKLIST
SEMESTER: AUTUMN 2010
This packet comprises the following material:
1. Text books (two)
2. Course outline
3. Assignment No.1 & 2
4. Assignment forms (2 sets)
In this packet, if you find anything missing out of the above mentioned material, please contact at the address given below:
Deputy Registrar (Mailing)
Services Block # 28
Allama Iqbal Open University
H-8, Islamabad. Phone: 051-9057611-12
Course Coordinator ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD
(Department of Business Administration)
WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENTS BORROWED OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”.
Course: Business Mathematics and Statistics (5528) Semester: Autumn 2010
Level: MBA Total Marks: 100
Pass Marks: 40
ASSIGNMENT No. 1
Q. 1 (a) A data processing manager purchased remote terminal processing time to run special jobs at two different computer “utilities”. She wishes to sign a long-term contract with the firm whose computer causes the least delay on the average. The numbers of minutes of delayed processing per week were obtained during trial periods with each firm and are provided below: Compu Quick 210 15 47 93 104 Dial-a-Pute 18 341 523 25 19 293 115 203
Assuming that trial experience is representative of future performance, which firm should receive the business? Substantiate your answer with appropriate calculations. (10)
(b) The length of life of 220 incandescent 60-watt lamps was obtained and yielded the frequency distribution shown in the table given below:
Class Limit Frequency
500-599 3
600-699 7
700-799 14
800-899 28
900-999 64
1000-1099 57
1100-1199 23
1200-1299