Decision Science – NMIMS Solved assignments 2025 Latest

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Decision Science

Jun 2025 Examination

 

  1. Calculate Fisher Ideal Index number (10 Marks)
Commodities Base Year Price (P₀) Base Year Expenditure (E₀) Current Year Price (P₁) Current Year Expenditure (E₁)
A 2 40 5 75
B 4 16 8 40
C 1 10 2 24
D 5 25 10 60

 

 

Q2 A bag contains 5 white and 3 black balls , 4 balls are successively drawn out and are not replaced. What is the chance that they are taken alternatively of different colours (10 Marks)

 

Q3 (A).

Marks No. of Students
0 – 10 10
10 – 20 15
20 – 30 x
30 – 40 30
40 – 50 10
50 – 60 10

 

Find the missing frequency if N is 100 and median is 30

 

 

Q3 (B)

Wages (Rs)
40
44
54
60
62
64
70
80
90
96

 

Calculate Standard deviation

 

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