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Quantitative Techniques-II



                      Notes                                        Speed in miles / hr.

                                                   73            49            70             63
                                                   55            61            60             68
                                                   52            50            69             60

                                                   65            66            59             62
                                         Calculate the appropriate statistics for central tendency and dispersion.
                                    14.  The XYZ TV manufacturer is in the market for the past eight years. A survey conducted in
                                         the past by an MR agency produced the following score using Likert Scale. The data for
                                         various years is as below:
                                                   2000          -             18

                                                   2001          -             16
                                                   2002          -             17
                                                   2003          -             18
                                                   2004          -             20
                                         (a)  What do you conclude about the customers’ attitude?

                                         (b)  Is it favourable or unfavourable?
                                    15.  A consumer durable company manufacturing TV sets is trying to measure consumer
                                         attitudes towards a product. For this purpose, the company wants the customer to complete
                                         a questionnaire which indicates several product attributes. It was decided by the company
                                         that only five attributes that affect the sale of the product would be considered for analysis.
                                         The attributes were appearance, quality of the picture, sound, after-sales service and price.
                                         The following scales are used to assess the product:

                                                                                     Neither
                                                                   Strongly          Agree             Strongly
                                                                           Disagree           Agree
                                                                   disagree           nor               agree
                                                                                    Disagree
                                           1. Appearance is good     ___     ___      ___      ___       X
                                           2. Price is reasonable    ___     ___      ___      X         ___
                                           3. After-sales service is   good   ___   ___   ___   X        ___
                                           4. Sound quality is excellent    ___   X   ___      ___       ___
                                           5. Picture is sharp       ___     ___      ___      ___       X
                                                                      1       2        3       4         5
                                         Suppose the customer has inspected the product and the response is as shown in the table
                                         above:
                                         (a)  What is the total score?
                                         (b)  What according to you is the attitude of the customer? Is it favourable or unfavourable?

                                    Answers: Self Assessment

                                    1.   Interval                       2.    Thurstone

                                    3.   Multi-dimensional              4.    Equal appearing interval




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