PROGRAM BBA - SEMESTER - I

SUBJECT CODE & NAME BBA 109 - QUANTITATIVE

TECHNIQUES IN BUSINESS
1. What do you mean by primary data? What are the
various methods of collecting primary data?
Primary data
Primary data are those data, which are collected by the researcher himself for the
purpose of a specific study. Such data are original in character and are generated
by surveys conducted by individuals or research institutions.
Methods of collecting the primary data
The following methods are generally used to collect primary data:
a)
b)
c)
d)
e)

Direct personal observation

Indirect personal interview
Telephone survey
Information received through local agents
Questionnaires sent by mail

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2. Write short notes on

a. Drafting Questionnaire
b. Quartile deviation

c. Applications of Time Series Analysis

d. Sampling and Non-Sampling Errors
a. Drafting Questionnaire
The questionnaire is a proforma containing a sequence of questions
relevant to a statistical enquiry. Since the questionnaire is the only medium
of communication between the investigator and the respondents, it must be
designed or drafted with utmost care and caution so that all relevant
and essential information for the enquiry may be collected without any
difficulty, ambiguity, and vagueness. Designing a questionnaire, therefore,
requires a high degree of skill and experience on the part of the
investigator.
The following points should be observed in drafting the questionnaire:
1) The questionnaire should be as short as possible. Many questions may
arise during an

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3. a. Explain the meaning of Weighted Index Numbers.
b. Information of sales price per unit of different
commodities for two different years is given in following
tableCommodities
2010
Commodi Pri Quanti
ties
ce
ty
A
20
5

2016
Price
25

Quantity
3

B
C
D
E
F

30
10
15
45
90

8
12
10
5
10

45
20
16
50
110

5
8
10
6
8

Construct the Price Index taking 2010 as the base year

and 2016 as the current year by following methods.
i. Laspeyres Price Index
ii. Paasches Method
iii. Dorbish and Bowleys method
iv. Fishers Ideal Index Method
Ans: 3 (a) Weighted index numbers
To meet the weakness of the simple or unweighted method, we weigh the
price of each commodity by a suitable factor; often it is the quantity or the
volume of the commodity sold during the base year. In other words, in this
method, appropriate weights are assigned to various commodities to reflect
their relative importance in the group. The weight can be production figures,
consumption figures or distributive figures.

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