Decision Science - Following Data Of Performance Scores Is Available Of Employees Working With A Com by MBA ASSIGNMENT SOLUTIONS
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Decision Science
1. Identify the type of the in the following table
TABLE GIVEN BELOW
Data Type
a
Gender
b
Education Background
c
Satisfaction
d
Motivation
e
Exchange Rate
f
Gold price
g
Preference of cars
h
Teachers Feedback
i
Grades in post-graduation
j
Marital Status
k
Quality of services
l
Age group
m
GDP
n
Interest rate
o
Twitter comments
p
Facebook pictures
2. Following data of performance scores is available of employees working with a company. You are required to perform the following:
a. Make the frequency distribution, Calculate the frequency and the Cumulative frequency
b. Calculate the mean, median, quartiles and Mode
c. Calculate the variance and the standard deviation
Table: Performance score of the employees:
52
33
70
95
57
61
47
60
57
64
54
94
38
61
89
48
50
39
94
63
59
31
88
46
68
88
93
48
82
82
72
73
74
70
92
76
98
91
80
68
32
33
31
75
54
48
62
53
36
64
63
66
92
98
91
42
36
54
71
86
84
55
33
43
91
34
64
67
89
78
47
62
97
92
53
56
68
55
36
67
93
42
51
77
36
93
51
66
44
66
63
33
68
79
92
76
83
53
86
76
35
40
43
46
55
41
36
39
42
96
42
77
60
53
38
51
95
56
93
63
48
69
49
33
95
37
83
64
83
62
96
34
85
32
40
85
39
59
77
62
35
34
39
92
54
89
36
45
83
34
86
90
39
61
88
86
55
33
77
40
69
54
30
38
79
77
44
59
95
34
38
91
80
90
58
40
88
45
95
71
80
43
89
53
61
40
31
61
58
53
88
94
91
63
60
94
98
53
53
45
50
34
75
74
90
98
87
66
3. a. In continuation with the data of performance scores of employees in previous example, perform the following:
a. Calculate the range and interquartile range
b. Calculate the z scores
c. Calculate the skewness and Kurtosis using excel
d. Comment on the distribution of the data
3. b. In continuation with the data of performance scores of employees in previous example,
perform the following:
a. Make the histogram
b. Plot the box-plot diagram
c. Plot the frequency polygon
d. Plot the Ogive diagram
Decision Analysis & Modeling
1. Decision Analysis involves a systematic decision making process. Explain the approaches to the study of Decision Analysis and Modeling with a suitable example.
2. Explain the application of simulation in business analysis.
3. a. Solve the following problem:
Maximize Z 40a + 35b
Subject to: 4a + 6b < 120
8a + 6b < 192 and a and b both are nonnegative.
3. b. What is the difference between the assumption of linearity and continuity in LPP
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