Free IGNOU MMPC-005 Important Questions 2025 Download PDF

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.

Free IGNOU MMPC-005 Important Questions 2025 Download PDF
Free IGNOU MMPC-005 Important Questions 2025 Download PDF 

 

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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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