Free IGNOU MMPC-005 Important Questions 2025 Download PDF
Free IGNOU MMPC-005
Important Questions JUNE 2025 Download Pdf,
IGNOU MMPC-005 Quantitative
Analysis For Managerial Applications Important Questions Completed Important Questions
for the current session of the MBA Program for the years 2024–2025 have been
uploaded by IGNOU. Important Questions for IGNOU MMPC-005 students can
help them ace their final exams. We advise students to view the Important
Questions paper before they must do it on their own.
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Free IGNOU MMPC-005
Important Questions 2025 Download Pdf Quantitative Analysis For
Managerial Applications Important Questions With
Answers Download Pdf A thorough examination of India's foreign policy is
covered in the Master of Business Administration (MBA) program at IGNOU under the course code MMPC-005
Important facets of India's foreign policy, ties with other world powers, and
international relations are covered in this course. The most crucial MMPC-005
questions are listed below, along with their solutions, to help students study
for the test.
Free IGNOU MMPC-005 Important Questions 2025
Download Pdf
Section I
· Define
quantitative analysis. Explain its significance in managerial decision-making
processes.
· Discuss the
various types of data scales used in quantitative research, providing examples
for each.
· Explain the
concept of probability. How is it applied in managerial decision-making?
· Describe
different types of probability distributions. How do they assist managers in
risk assessment?
· What is
sampling? Discuss the differences between probability and non-probability
sampling methods.
· Explain the
importance of hypothesis testing in managerial research. Provide examples of
null and alternative hypotheses.
· Discuss the
steps involved in conducting a hypothesis test for a population mean.
· Define
correlation and regression analysis. How do these techniques help in
forecasting business trends?
· What is
analysis of variance (ANOVA)? Explain its application in comparing multiple
group means.
· Describe the
concept of time series analysis. How is it utilized for sales forecasting?
Section II
· Explain the
significance of index numbers in measuring economic and business performance.
· Discuss the
role of decision theory in quantitative analysis. How do decision trees aid in
making informed choices?
· What is linear
programming? Explain its application in optimizing business operations.
· Define queuing
theory. How can managers use it to improve service efficiency?
· Discuss the
concept of simulation in quantitative analysis. Provide examples of its
application in business scenarios.
· Explain the
importance of forecasting in business planning. Differentiate between
qualitative and quantitative forecasting methods.
· What are the
limitations of quantitative analysis in managerial decision-making? How can
these limitations be mitigated?
· Discuss the
ethical considerations in conducting quantitative research for business
purposes.
· How does the
use of statistical software enhance the efficiency of quantitative analysis in
business?
· Provide a
critical analysis of the role of quantitative analysis in strategic management
decisions.
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