NMIMS Centre for Distance and Online Education (NCDOE)
Course: Decision Science
Internal Assignment Applicable for Jun 2025 Examination
Assignment Marks: 30
Instructions
● All Questions carry equal marks
● All Questions are compulsory
● All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in
not more than 500 words for each subsection. Use relevant examples,illustrations as far as
possible
● All answers to be written individually. Discussion and group work is not advisable.
● Students are free to refer to any books/reference material/website/internet for attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
● Students should write the assignment in their own words. Copying of assignments from other
students is not allowed
● Students should follow the following parameter for answering the assignment questions
For Theoretical Answer For Numerical Answer
Assessment Parameter Weightage Assessment Parameter Weightage
Introduction 20% 20%
Understanding and usage
60%
Concepts and Application of the formula
related to the question Procedure / Steps 60%
20% 20%
Conclusion Correct Answer &
Interpretation
PLEASE NOTE: This assignment is application based, you have to apply what you have
learnt in this subject into real life scenario. You will find most of the information through
internet search and the remaining from your common sense. None of the answers appear
directly in the textbook chapters but are based on the content in the chapter
Page 1 of 3
NMIMS Centre for Distance and Online Education (NCDOE)
Course: Decision Science
Internal Assignment Applicable for Jun 2025 Examination
Q1
Base
commodities Year Base Year current year current year
price Expenditure
(Rs) (Rs price (Rs) Expenditure (Rs)
A 2 40 5 75
B 4 16 8 40
C 1 10 2 24
D 5 25 10 60
Calculate Fisher Ideal Index number
(10 Marks)
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) No. of
Marks 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
Page 2 of 3
NMIMS Centre for Distance and Online Education (NCDOE)
Course: Decision Science
Internal Assignment Applicable for Jun 2025 Examination
(5 Marks)
Q3 (B)
wages (Rs)
40
44
54
60
62
64
70
80
90
96
Calculate Standard deviation
(5 Marks)
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Page 3 of 3
