## Calculate the probability for the following statements. Draw the Probability tree diagram also

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Decision Science

Q1. Calculate the probability for the following statements. Draw the Probability tree diagram also.

In a medical college of Pune (a class of 100 people), 30 % people Like to have Misal-pav on the farewell party as per the google form survey. Remaining people have chosen vadapav. Out of those who have chosen Misal-pav 50 % said that they would eat only Jain Misal pav. Well, 30 % of those have chosen Vadapav, also said they would have Jain Vadapav only.

• What is the stack (percent & number) of people Who will have Jain Food (including MISal pav and Vadapav)
• What is the probability of selecting a person who would eat Misal pav given that person’s diet type is Jain.

Note: Handmade drawing of Diagram is prohibited; prepare it with the help of software like MS-Word.

Q2. Write the interpretation for the following regression model. You are advised to run the analysis using MS EXCEL.

Here Hiranmayee Dhar, an entrepreneur who is running “Pashminaa” a store of Pashmina shawls. She is targeting customers via social media applications; she has chosen Instagram as a platform and had also chosen REELs to advertise her products. She is looking for a forecasting model to understand the impact of no of likes of the REELs demonstrating product and its sales (in number of units).

 Reel Number Number of units sold Number of likes Reel 1 24 1503 Reel 2 24 1564 Reel 3 24 1649 Reel 4 24 1882 Reel 5 26 1924 Reel 6 28 1937 Reel 7 28 1944 Reel 8 29 2086 Reel 9 30 2150 Reel 10 31 2215 Reel 11 32 2366 Reel 12 32 2472 Reel 13 35 2622 Reel 14 35 2792 Reel 15 36 2871 Reel 16 36 2973 Reel 17 38 3000 Reel 18 38 3024 Reel 19 39 3319 Reel 20 40 3336 Reel 21 41 3337 Reel 22 41 3413 Reel 23 41 3479 Reel 24 42 3577 Reel 25 46 3617 Reel 26 46 3922 Reel 27 46 4332 Reel 28 48 4562 Reel 29 48 4577 Reel 30 48 4763 Reel 31 49 4964

• Write the regression model.
• Discuss the R-square, Multiple R
• Discuss the ANOVA
• Discuss the Significance of Independent variable and B1 value.

Q3.a) Draw an appropriate chart for the following. Also write your clarification for choosing that graph. For each variable identify a time-series component present if you consider the long- term pattern.

Table: Production of Commercial crops. (Source: RBI)

 Year Groundnut (Lakh Tonnes) Rapeseed & Mustard (Lakh Tonnes) Soyabean (Lakh Tonnes) 2000-01 64 42 53 2001-02 70 51 60 2002-03 41 39 47 2003-04 81 63 78 2004-05 68 76 69 2005-06 80 81 83 2006-07 49 74 89 2007-08 92 58 110 2008-09 72 72 99 2009-10 54 66 100 2010-11 83 82 127 2011-12 70 66 122 2012-13 47 80 147 2013-14 97 79 119 2014-15 74 63 104 2015-16 67 68 86 2016-17 75 79 132 2017-18 93 84 109 2018-19 67 93 133 2019-20 100 91 112 2020-21 102 102 126 2021-22 101 118 130

Note: Here you are advised to use Software like EXCEL for making Graphs, copy them and paste in your assignment file. Snapshots are not allowed.

Q3.b) Write the sampling plan for the following study. Also write, what is recommended according to you, census survey or sample Survey?

Imagine yourself doing PhD in NMIMS, for one of your research papers you do require a primary survey to understand the social media consumption of LinkedIn users. Your goal is to understand why they are using LinkedIn, for how many hours a day, and their activities they do on the same platform. You do have research questionnaire in your hand as per your proper literature study. Now, the question is about survey and data collection.

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## Business Cycle is dynamic in nature and moves through various phases

1. From the given table calculate the following mentioning the formulas clearly for Variable cost, Average fixed cost, Average variable cost and Average cost.

 Output Total cost Fixed cost Variable cost Average fixed cost Average variable cost Average cost 100 1600 1000 200 2300 1000 300 3200 1000 400 4300 1000 500 5650 1000 1000 13,650 1000

2. State how the ordinal utility approach to consumer behavior is different from the cardinal utility approach by Marshall. In the context of indifference curve (IC) technique using ordinal utility approach, explain whether following two statements are true. – “IC slopes downwards” and “Slope of indifference curve indicates the rate at which individuals are ready to substitute one commodity by the other”. Substantiate your view on each of the statements separately.

3. a. “Business Cycle is dynamic in nature and moves through various phases”. Elaborate the given statement with different phases of Business cycle.

3. b. Elaborate Price Demand, Income Demand and Join Demand and cite an example to enumerate these types of demand.

## A software development company based in Delhi has implemented cloud

Cloud Computing

1. A software development company based in Delhi has implemented cloud for its development activities. They are offering development services from Virtual Server A and to ensure availability, they have a redundant copy on Virtual Server B. IT resources can be horizontally scaled via the addition of one or more identical IT resource, and a load balancer that provides runtime logic capable of evenly distributing the workload among the available IT resources. Explain this Workload Distribution Architecture.

2. What is Cloud scalability and Cloud elasticity? Explain how scalability and elasticity can solve underprovisioning and overprovisioning problems.

3. Answer following questions

a. What are the multitenancy issues of virtualization?

b. What is serverless computing?

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## Production Executive at a manufacturing company

Performance Management System

1. Jagruti Electric Motors is a startup company and has just introduced Two-wheeler electric scooters in India. The marketing team consists of 10 employees. You lead the marketing team and you need to prepare four Team goals that the marketing team needs to focus on. Use the concept of SMART goals while preparing the Team goals.

2. “Forever Young” is a women’s premium brand dealing with women’s apparel, shoes, bags and other accessories. The brand has a pan-India presence in malls and online shopping. It has plans of launching globally starting with South East Asian countries. Prepare a Balanced Scorecard for “Forever Young” covering one goal each in Financial, Customer, Business Process and Learning & Growth quadrant.

3. Using ‘’cost effectiveness’’ as the theme, prepare two SMART each for the following profiles:

a. Production Executive at a manufacturing company

b. Dispatch Executive at a Logistics company

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## Using ‘’cost effectiveness’’ as the theme, prepare two SMART each

Performance Management System

1. Jagruti Electric Motors is a startup company and has just introduced Two-wheeler electric scooters in India. The marketing team consists of 10 employees. You lead the marketing team and you need to prepare four Team goals that the marketing team needs to focus on. Use the concept of SMART goals while preparing the Team goals.

2. “Forever Young” is a women’s premium brand dealing with women’s apparel, shoes, bags and other accessories. The brand has a pan-India presence in malls and online shopping. It has plans of launching globally starting with South East Asian countries. Prepare a Balanced Scorecard for “Forever Young” covering one goal each in Financial, Customer, Business Process and Learning & Growth quadrant.

3. Using ‘’cost effectiveness’’ as the theme, prepare two SMART each for the following profiles:

a. Production Executive at a manufacturing company

b. Dispatch Executive at a Logistics company

NMIMS Solutions December 2022

Call: – +919741410271

Email: – smu.assignment@gmail.com

## “Forever Young” is a women’s premium brand dealing with women’s apparel, shoes, bags

Performance Management System

1. Jagruti Electric Motors is a startup company and has just introduced Two-wheeler electric scooters in India. The marketing team consists of 10 employees. You lead the marketing team and you need to prepare four Team goals that the marketing team needs to focus on. Use the concept of SMART goals while preparing the Team goals.

2. “Forever Young” is a women’s premium brand dealing with women’s apparel, shoes, bags and other accessories. The brand has a pan-India presence in malls and online shopping. It has plans of launching globally starting with South East Asian countries. Prepare a Balanced Scorecard for “Forever Young” covering one goal each in Financial, Customer, Business Process and Learning & Growth quadrant.

3. Using ‘’cost effectiveness’’ as the theme, prepare two SMART each for the following profiles:

a. Production Executive at a manufacturing company

b. Dispatch Executive at a Logistics company

NMIMS Solutions December 2022

Call: – +919741410271

Email: – smu.assignment@gmail.com

## Jagruti Electric Motors is a startup company and has just introduced Two-wheeler electric scooters in India.

Performance Management System

1. Jagruti Electric Motors is a startup company and has just introduced Two-wheeler electric scooters in India. The marketing team consists of 10 employees. You lead the marketing team and you need to prepare four Team goals that the marketing team needs to focus on. Use the concept of SMART goals while preparing the Team goals.

2. “Forever Young” is a women’s premium brand dealing with women’s apparel, shoes, bags and other accessories. The brand has a pan-India presence in malls and online shopping. It has plans of launching globally starting with South East Asian countries. Prepare a Balanced Scorecard for “Forever Young” covering one goal each in Financial, Customer, Business Process and Learning & Growth quadrant.

3. Using ‘’cost effectiveness’’ as the theme, prepare two SMART each for the following profiles:

a. Production Executive at a manufacturing company

b. Dispatch Executive at a Logistics company

NMIMS Solutions December 2022

Call: – +919741410271

Email: – smu.assignment@gmail.com

## The HR Head has been tasked, to provide a detailed culture journey plan

Organisation Culture

1. Please outline the relation between the organisational culture and organisational structure? Explain the steps for creating organisational culture. Describe six socialization tactics?

2. Discuss the practices that can be used by an organisation to create an ethical organisational culture. What is a positive organisational culture? Explain.

3. Over the past few years, the profitability of Mobius Ltd has been significantly declining against the expected projections mainly due to aggressive competition and economic hardships that characterize the market. In addition, results from a recently conducted cultural/employee attitude survey indicated that Mobius Ltd employees lack cohesion, motivation, commitment. The organisation’s engagement quotient scores were below the sector benchmark of competitor organisations. During the last organisational engagement survey track action planning, staff found it challenging to engage in a meaningful manner with the action planning process. The company has a rank & file structure in place and is hierarchical in its approach.

More importantly as indicated in the engagement survey, employees at Mobius Ltd seems to have significantly low levels of job satisfaction, teamwork, trust (among themselves and the management), and expectations for future advancements (promotions and rewards).

On the same note, there was a 30% increase in pilfering of company resources as evidenced from the analysis of company data, an all-time high absenteeism rate to add to the woes of the company. The 18% increase in last year’s staff turnover is also an issue that needs to be addressed. Considering these issues, the CEO of Mobius Ltd strongly suggested that there is need for change if the company is to survive the current unforgiving market and economic trends.

This he attributed to the fact that the current culture adopted by the company was the root cause of the poor performance exhibited by the company. As such, an external party report has been necessitated by the need to identify, analyse, and solve the cultural and behavioural issues that affect Mobius Ltd.

Questions:

a. What would you define as some key cultural attributes of Mobius Ltd?

b. The HR Head has been tasked, to provide a detailed culture journey plan for the organisation with outcome milestones and indicative timelines. How would you approach this task and what would you do? (Focus on the key attributes to creating and sustaining organisational culture).

NMIMS Solutions December 2022

Call: – +919741410271

Email: – smu.assignment@gmail.com

## What would you define as some key cultural attributes of Mobius Ltd?

Organisation Culture

1. Please outline the relation between the organisational culture and organisational structure? Explain the steps for creating organisational culture. Describe six socialization tactics?

2. Discuss the practices that can be used by an organisation to create an ethical organisational culture. What is a positive organisational culture? Explain.

3. Over the past few years, the profitability of Mobius Ltd has been significantly declining against the expected projections mainly due to aggressive competition and economic hardships that characterize the market. In addition, results from a recently conducted cultural/employee attitude survey indicated that Mobius Ltd employees lack cohesion, motivation, commitment. The organisation’s engagement quotient scores were below the sector benchmark of competitor organisations. During the last organisational engagement survey track action planning, staff found it challenging to engage in a meaningful manner with the action planning process. The company has a rank & file structure in place and is hierarchical in its approach.

More importantly as indicated in the engagement survey, employees at Mobius Ltd seems to have significantly low levels of job satisfaction, teamwork, trust (among themselves and the management), and expectations for future advancements (promotions and rewards).

On the same note, there was a 30% increase in pilfering of company resources as evidenced from the analysis of company data, an all-time high absenteeism rate to add to the woes of the company. The 18% increase in last year’s staff turnover is also an issue that needs to be addressed. Considering these issues, the CEO of Mobius Ltd strongly suggested that there is need for change if the company is to survive the current unforgiving market and economic trends.

This he attributed to the fact that the current culture adopted by the company was the root cause of the poor performance exhibited by the company. As such, an external party report has been necessitated by the need to identify, analyse, and solve the cultural and behavioural issues that affect Mobius Ltd.

Questions:

a. What would you define as some key cultural attributes of Mobius Ltd?

b. The HR Head has been tasked, to provide a detailed culture journey plan for the organisation with outcome milestones and indicative timelines. How would you approach this task and what would you do? (Focus on the key attributes to creating and sustaining organisational culture).

NMIMS Solutions December 2022