Business Analytics

Correct Marks : 2
Question Label : Multiple Choice Question
Which of the following could be the possible output of print(reg.score())?
Options :
6406532240132. -0.528
6406532240133. 1
6406532240134. 0.528
6406532240135. Given code will return an error
Business Analytics
Section Id : 64065344907
Section Number : 13
Section type : Online
Mandatory or Optional : Mandatory
Number of Questions : 8
Number of Questions to be attempted : 8
Section Marks : 20
Display Number Panel : Yes
Section Negative Marks : 0
Group All Questions : No
Enable Mark as Answered Mark for Review and

Yes
Clear Response :
Maximum Instruction Time : 0
Sub-Section Number : 1
Sub-Section Id : 64065395204
Question Shuffling Allowed : No
Is Section Default? : null

Question Number : 205 Question Id : 640653668649 Question Type : MCQ Is Question
Mandatory : No Calculator : None Response Time : N.A Think Time : N.A Minimum Instruction
Time : 0
Correct Marks : 0
THIS IS QUESTION PAPER FOR THE SUBJECT "DIPLOMA LEVEL : BUSINESS ANALYTICS
(COMPUTER BASED EXAM)"
ARE YOU SURE YOU HAVE TO WRITE EXAM FOR THIS SUBJECT?
CROSS CHECK YOUR HALL TICKET TO CONFIRM THE SUBJECTS TO BE WRITTEN.
(IF IT IS NOT THE CORRECT SUBJECT, PLS CHECK THE SECTION AT THE TOP FOR THE SUBJECTS
REGISTERED BY YOU)
Options :
6406532240164. YES
6406532240165. NO
Question Shuffling Allowed : Yes

Time : 0
Correct Marks : 1
When is a “Pie Chart” the best visualisation option for presenting data?
Options :
6406532240166. When the outliers in the data need to be shown

6406532240167. When trends in the data need to be shown
6406532240168. When proportions in the data need to be shown
6406532240169. None of these
Question Number : 207 Question Id : 640653668651 Question Type : MSQ Is Question

Time : 0
Correct Marks : 1 Max. Selectable Options : 0
Question Label : Multiple Select Question
Which of the following distributions is/are symmetric in nature (select all that are applicable)?
Options :
6406532240170. Standard Normal distribution
6406532240171. Standard Binomial distribution
6406532240172. Uniform distribution
6406532240173. Poisson distribution
Question Id : 640653668652 Question Type : COMPREHENSION Sub Question Shuffling

Allowed : No Group Comprehension Questions : No Question Pattern Type : NonMatrix
Calculator : None Response Time : N.A Think Time : N.A Minimum Instruction Time : 0
Question Numbers : (208 to 212)

Question Label : Comprehension
Say, Table 1 specifies the blood sugar level (in mg/dL) for the male and female patients who visit a
hospital. If the people in the locality have a nominal sugar level (which is between 70 mg/dL and
100 mg/dL), then it is expected that the number of people in any given sugar level is uniformly
distributed between 1 and 9. If you want to validate this claim, then, answer the given
subquestions.
Sub questions
Question Number : 208 Question Id : 640653668653 Question Type : SA Calculator : None

Response Time : N.A Think Time : N.A Minimum Instruction Time : 0
Correct Marks : 1
Question Label : Short Answer Question
What is the expected value for the statistical test to be performed? (Note: give only a numerical
value rounded to 2 decimal places. For example, if your answer is 10.1253, then input the answer as
“10.13”)
Response Type : Numeric
Evaluation Required For SA : Yes
Show Word Count : Yes
Answers Type : Equal
Text Areas : PlainText
Possible Answers :
5
Correct Marks : 2
If three bins of equal sizes {that is Bin-1 = [70-80), Bin-2= [80 to 90) and Bin-3 = [90 to 100)} are
considered. Then, what is the value of the computed test statistic for the statistical test to be
performed? (Note: give only a numerical value rounded to 2 decimal places. For example, if your
answer is 10.1253, then input the answer as “10.13”)
Answers Type : Range
Possible Answers :
1.60 to 1.90

Correct Marks : 1
What is the number of degrees of freedom for the statistical test to be performed? (Note: give only
a numerical value rounded to 2 decimal places. For example, if your answer is 10.1253, then input the
answer as “10.13”)
Possible Answers :
2.00
Time : 0
Correct Marks : 1
What does the p-value of the performed statistical test refer to?
Options :
6406532240177. The chance of observing the sample in Table 1 given that the locality has
people who are uniformly distributed between 1 and 9 with the nominal sugar levels.
6406532240178. The chance of observing the sample in Table 1 when the locality has a blood
sugar levels which are uniformly distributed between 70mg/ dL and 100 mg/dL.
6406532240179. The chance of observing the sample in Table 1 given that the locality has
people who are uniformly distributed between 1 and 9 at any given sugar level.
6406532240180. None of these

Time : 0
Correct Marks : 1
If the p-value for the test is 0.75, then what can be the maximum level of significance if the Null
Hypothesis is NOT TO BE REJECTED
Options :
6406532240181. 0.74
6406532240182. 0.26
6406532240183. Any value between 0 and 1
6406532240184. Cannot say without more data


Say Table 2, provides the data on the number of enrolments who complete the “Foundation”,
“Diploma”, and “Degree” and the number of enrolments who “discontinue” the IITM BSc program
for “Male” and “Female” gender students. Given this information, answer the subquestions.
Sub questions

Correct Marks : 2
If the aim is to understand if the “Gender” categories and “Completion” categories (including
completion of any degree and discontinuation) are independent of each other, then what is the
value for the computed test statistic? (Note: round your final answer to two decimal places. Example:
If your answer is “1.2354” enter it as “1.24”)

Possible Answers :
15.50 to 16.30

Correct Marks : 1
What is the number of degrees of freedom for the statistical test to be performed? (Note: give only
a numerical value rounded to 2 decimal places. For example, if your answer is 10.1253, then input the
Possible Answers :
3.00

Time : 0
If a 20% significance level is considered, then which of the following statements is/are true for the
performed statistical test (choose all that are applicable)
Options :
6406532240187. If the p-value for the test is 0.25, conclude that the course completions are
independent of gender
6406532240188. If the p-value for the test is 0.15, conclude that the course completions are not
6406532240189. If the p-value for the test is 0.25, conclude that the course completions are not
6406532240190. If the p-value for the test is 0.15, conclude that the course completions are
6406532240191. If the computed test statistic is less than the chi-square tabulated, then
conclude that the course enrolments are independent of gender
6406532240192. If the computed test statistic is greater than the chi-square tabulated, then
conclude that the course enrolments are not independent of gender
6406532240193. If the computed test statistic is less than the chi-square tabulated, then
conclude that the course enrolments are not independent of gender
6406532240194. If the computed test statistic is greater than the chi-square tabulated, then
conclude that the course enrolments are independent of gender

Time : 0
A distribution is right-tailed if (select all that is applicable)
Options :
6406532240195. Coefficient of variation is positive
6406532240196. Skewness is positive
6406532240197. Skewness is negative

6406532240198. Cannot say without the histogram

The manager at a restaurant has observed that the “Lunch Buffet” follows a linear demand
response curve. Hence, the manager has decided to raise the “Lunch Buffet” price by Rs. 250
rupees per person to Rs. 500 per person. The demand was 300 people per Lunch before the raise
and is 200 people per lunch after the raise. Then answer the given subquestions.
Sub questions

Correct Marks : 1
What is the market size for the “Lunch Buffet” at the restaurant? (Note: give only a numerical value
rounded to 2 decimal places. For example, if your answer is 10.1253, then input the answer as “10.13”)
Possible Answers :
400.00
Correct Marks : 1
What is the elasticity of the linear demand response curve at a price of 500? (Note: give only a
numerical value rounded to 2 decimal places. For example, if your answer is 10.1253, then input the
Possible Answers :
0.40 to 0.41

Correct Marks : 1
What is the satiating price of the linear demand response curve for the “Lunch Buffet” demand at
the restaurant? (Note: give only a numerical value rounded to 2 decimal places. For example, if your
answer is 10.1253, then input the answer as “10.13”)
Possible Answers :
1000.00
Time : 0
At the satiating price, what can be said about the “Lunch Buffet” demand? (choose all that are
applicable)
Options :
6406532240202. It is perfectly elastic
6406532240203. It is perfectly inelastic
6406532240204. It is for an “inferior good”
6406532240205. It is for a “luxury good”
6406532240206. Cannot say, insufficient information

Time : 0
Correct Marks : 2
Your family is seeking an alliance for you and has found three matrimonial services “A”, “B” and
“C”. Assume that the enrolment in the matrimonial services is mutually exclusive. A market survey
indicates that 30% of total enrolments are in “A”, 30% are in “B” and the remaining are in “C”. The
market survey also indicates that 15% of registrations in “A” do not find a suitable match, 12% in
“B” do not find a suitable match, and 30% in “C” do not find a suitable match. Recently, your family
has heard the news that a relative “X” has found a suitable match after enrolling in one of the
matrimonial services. Then which matrimonial service would you suspect “X” to have enrolled in?
Options :
6406532240207. A
6406532240208. B
6406532240209. C
6406532240210. Cannot say, require more information.
System Commands
Section Id : 64065344908
Section Number : 14
Section type : Online
Mandatory or Optional : Mandatory
Number of Questions : 16
Number of Questions to be attempted : 16
Section Marks : 100
Display Number Panel : Yes
Section Negative Marks : 0
Group All Questions : No
Enable Mark as Answered Mark for Review and

Yes
Clear Response :
Maximum Instruction Time : 0

Business Analytics

Uploaded by

Copyright:

Available Formats

Business Analytics

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Business Analytics

Uploaded by

Copyright:

Available Formats

Correct Marks : 2

Question Label : Multiple Choice Question

Which of the following could be the possible output of print(reg.score())?

6406532240135. Given code will return an error

Section type : Online

Mandatory or Optional : Mandatory

Number of Questions to be attempted : 8

Display Number Panel : Yes

Section Negative Marks : 0

Group All Questions : No

Enable Mark as Answered Mark for Review and

Maximum Instruction Time : 0

Question Shuffling Allowed : No

Is Section Default? : null

Question Label : Multiple Choice Question

Question Shuffling Allowed : Yes

Is Section Default? : null

Question Number : 206 Question Id : 640653668650 Question Type : MCQ Is Question

Question Label : Multiple Choice Question

6406532240166. When the outliers in the data need to be shown

6406532240168. When proportions in the data need to be shown

6406532240169. None of these

Question Shuffling Allowed : Yes

Is Section Default? : null

Question Number : 207 Question Id : 640653668651 Question Type : MSQ Is Question

Correct Marks : 1 Max. Selectable Options : 0

Question Label : Multiple Select Question

6406532240170. Standard Normal distribution

6406532240171. Standard Binomial distribution

6406532240172. Uniform distribution

6406532240173. Poisson distribution

Question Shuffling Allowed : No

Is Section Default? : null

Question Id : 640653668652 Question Type : COMPREHENSION Sub Question Shuffling

Question Numbers : (208 to 212)

Question Number : 208 Question Id : 640653668653 Question Type : SA Calculator : None

Question Label : Short Answer Question

Response Type : Numeric

Evaluation Required For SA : Yes

Show Word Count : Yes

Answers Type : Equal

Text Areas : PlainText

Question Label : Short Answer Question

Response Type : Numeric

Evaluation Required For SA : Yes

Show Word Count : Yes

Answers Type : Range

Text Areas : PlainText

Question Number : 210 Question Id : 640653668655 Question Type : SA Calculator : None

Question Label : Short Answer Question

Response Type : Numeric

Evaluation Required For SA : Yes

Show Word Count : Yes

Answers Type : Equal

Text Areas : PlainText

Question Label : Multiple Choice Question

6406532240180. None of these

Question Number : 212 Question Id : 640653668657 Question Type : MCQ Is Question

Question Label : Multiple Choice Question

6406532240183. Any value between 0 and 1