PREVIOUS YEAR SOLVED PAPERS - July 2018
26. Match the items of List-II with the items of List-I and select the code of correct matching.
| List-I | List-II |
| (a) Standard error of mean | (i) Ha : μ1 ≠ μ2 |
| (b) Base of point estimate of the mean of the population | (ii) Values based on all the observations of the population |
| (c) Non-specific hypothesis | (iii) Mean of the sampling distribution of mean |
| (d) Parameter value of descriptive statistics | (iv) Standard deviation of the sampling distribution of mean |
Codes
| (a) | (b) | (c) | (d) | |
| 1 | (iv) | (iii) | (i) | (ii) |
| 2 | (i) | (ii) | (iii) | (iv) |
| 3 | (iv) | (iii) | (ii) | (i) |
| 4 | (iii) | (iv) | (i) | (ii) |
28. Match the items of List-II with the items of List-I and select the code of correct matching.
| List-I | List-II |
| (a) Chi-square Test | (i) Testing the significance of the differences of the mean values among more than two sample groups. |
| (b) ANOVA (F-test) | (ii) Testing the goodness of fit of a distribution |
| (c) Z-test | (iii) Testing the significance of the difference of the mean values between two large sized samples |
| (d) t-test | (iv) Testing the significance of the difference of the mean values between two small sized samples when population standard deviation is not available |
CODES
| (a) | (b) | (c) | (d) | |
| 1 | (i) | (ii) | (iii) | (iv) |
| 2 | (iv) | (iii) | (ii) | (i) |
| 3 | (i) | (ii) | (iv) | (iii) |
| 4 | (ii) | (i) | (iii) | (iv) |
29. Match the items of List-II with List-I and choose the correct code:
| List-I | List-II |
| (a) Sales Executive | (i) Top-middle Management |
| (b) Branch Manager | (ii) Middle Management |
| (c) Foreman | (iii) Lower Management |
| (d) Production Manager | (iv) Operating Force Manager |
CODES
| (a) | (b) | (c) | (d) | |
| 1 | (iv) | (ii) | (iii) | (i) |
| 2 | (ii) | (iii) | (iv) | (i) |
| 3 | (iii) | (iv) | (ii) | (i) |
| 4 | (i) | (ii) | (iii) | (iv) |
- Option : C
- Explanation : Planning Process: Planning, like organising is a fundamental managerial function. In simple words, planning is deciding in advance what is to be done, when, where, how and by whom it is to be done. Thus, a plan is a determined course of action. It is an attempt on the part of a manager to anticipate the future in order to achieve better performance. In the management literature, the word “planning” has been defined like this:
“Generally speaking, planning is deciding in advance, what is to be done.” —M.H. Newman
“A plan is a trap laid to capture the future.” —Allen
“Planning is an intellectual process, conscious determination of courses of action, the basing of decisions on purpose, facts and considered estimates.” —Koontz & O’Donnell
