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Important Questions for "Quantitative Techniques":

[1]

  1. What is the difference between the association of attributes and correlation? Discuss the methods of determining association.
  2. Discuss the objectives of regression analysis. Why are there two regression lines? Under which condition may there be only one regression line?
  3. Explain the meaning and types of hypothesis.

[2]

  1. Explain Quantitative techniques of Forecasting.
  2. Explain the purpose of sales forecasting.
  3. List various types of Production Plans.

[3]

  1. Give the meaning and definition of classification.
  2. Discuss the merits and demerits of Karl Pearson's coefficient of correlation.
  3. What is Spearman's rank correlation? Bring out its usefulness. How does the coefficient differ from Karl Pearson's coefficient of correlation?

[4]

  1. Fit a straight line trend by the method of least squares for the given data.
  2. What are the other measures based on standard deviation? What is meant by time series?
  3. The mean of the given frequency table is 25. Find the missing frequencies.

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