Question 1:
Illustrate out the term quantitative decision making? Illustrate out the various tools employed for quantitative decision making.
Question 2:
In brief illustrate the concepts of measures of central tendency, measures of variation and Skewness. Mention the tools which are employed for measures of central tendency and variation.
Question 3:
Illustrate out the concept of sampling. Write down various sampling techniques employed in business management.
Question 4:
Illustrate out the term business forecasting. Elucidate the tools applied for the business forecasting.