Assignment - 2 (Sample Question)

Assignment – 2 (Sample Question)

1. Define Business Statistics? How does it help a manager?
or, Explain how statistics plays an important role in management planning and decision-making.
or, Discuss the role of statistics as a managerial tool.
or, Explain the utility of statistics as managerial tool.

2. Discuss the limitations of Statistics.
3. Define Statistics and Statistical method.
4. Explain the uses of statistical method in business and management.
or, Explain the uses of statistical methods in modern business organizations.
5. “Statistics is what statisticians do.” Elaborate
6. Give the uses and abuses of Statistics.
7. “Statistics is all-pervading”. Elaborate
8. “Figures do not lie, but liars use figures to lie” Comment.
9. “Statistics is like clay with which you can make a God or Devil as you please.” Explain this statement.
10. With the help of a few Examples explain the role of Statistics as a managerial tool.
11. To be a statistical data which characteristics are essential?
or, Discuss the Properties of Statistics.
12. Statistics are numerical statements of facts but all facts numerically stated are not statistics. Explain



Assignment Instruction:

1. Assignment should be hand written.
2. This is an individual assignment.
3. Prepare all questions.
4. Communicate with me in group if you have any confusion regarding the questions.
5. Assignment Submission Date :

For All Section of 13th Batch (Section A, B, C & D):
February 06, 2011, Sunday, (From 9 AM to 12 AM)