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Business Analytics · Quiz 1 · Sep 2024

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Question 50 MCQ · 1.0 marks

[[IMAGE:50baf7ca45d20391_1_0]]
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  1. Controls the total number of iterations.
  2. Specifies the tolerance level for early stopping.
  3. Defines the number of iterations with no improvement to stop training.
  4. Sets the learning rate schedule.       **BA** **Section Id :** 64065369403 **Section Number :** 4 **Section type :** Online **Mandatory or Optional :** Mandatory **Number of Questions :** 5 **Number of Questions to be attempted :** 5 **Section Marks :** 20 **Display Number Panel :** Yes **Section Negative Marks :** 0 **Group All Questions :** No **Enable Mark as Answered Mark for Review and** No **Clear Response :** **Section Maximum Duration :** 0 **Section Minimum Duration :** 0 **Section Time In :** Minutes **Maximum Instruction Time :** 0

A published solution is not available for this question yet.

Question 52 MSQ · 1.0 marks

[[IMAGE:50baf7ca45d20391_2_1]]
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  1. At a 5% level of significance **REJECT** the null hypothesis and conclude that the data does not follow a normal distribution
  2. At a 5% level of significance **DO NOT REJECT** the null hypothesis and conclude that the data does not follow a normal distribution
  3. At a 5% level of significance **REJECT** the null hypothesis and conclude that the data follows a normal distribution
  4. At a 5% level of significance **DO NOT REJECT** the null hypothesis and conclude that the data follows a normal distribution
  5. At a 10% level of significance **REJECT** the alternative hypothesis and conclude that the data does not follow a normal distribution
  6. At a 10% level of significance **DO NOT REJECT** the alternative hypothesis and conclude that the data does not follow a normal distribution
  7. At a 10% level of significance **REJECT** the alternative hypothesis and conclude that the data follows a normal distribution
  8. At a 10% level of significance **DO NOT REJECT** the alternative hypothesis and conclude that the data follows a normal distribution

A published solution is not available for this question yet.

Question 53 NAT · 1.0 marks

MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
The aim is to explore if the total box-office collection during the weekends (Friday, Saturday and Sunday) and the total box-office collection during the weekdays (Monday to Thursday) are independent across the two heroes. Then how many DOFs does the test have? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
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    A published solution is not available for this question yet.

    Question 54 NAT · 1.5 marks

    MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
    The aim is to explore if the total box-office collection during the weekends (Friday, Saturday and Sunday) and the total box-office collection during the weekdays (Monday to Thursday) are independent across the two heroes. Then what is the expected box-office collection for MK ON WEEKENDS? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
    Source diagram or notation

      A published solution is not available for this question yet.

      Question 55 NAT · 1.5 marks

      MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
      The aim is to explore if the total box-office collection during the weekends (Friday, Saturday and Sunday) and the total box-office collection during the weekdays (Monday to Thursday) are independent across the two heroes. Then what is the expected box-office collection for YV ON WEEKDAYS? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
      Source diagram or notation

        A published solution is not available for this question yet.

        Question 56 NAT · 2.0 marks

        MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
        The aim is to explore if the total box-office collection during the weekends (Friday, Saturday and Sunday) and the total box-office collection during the weekdays (Monday to Thursday) are independent across the two heroes. Then what is value for the computed test statistic? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
        Source diagram or notation

          A published solution is not available for this question yet.

          Question 57 MSQ · 1.0 marks

          MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
          The aim is to explore if the total box-office collection during the weekends (Friday, Saturday and Sunday) and the total box-office collection during the weekdays (Monday to Thursday) are independent across the two heroes. Then given the below Table-2, at a 95% confidence level, what is the conclusion? [[IMAGE:50baf7ca45d20391_5_3]]
          Source diagram or notationSource diagram or notation
          1. Do Not Reject the Null
          2. Reject the Null
          3. Accept the Null
          4. Do Not Accept the Null
          5. None of these

          A published solution is not available for this question yet.

          Question 58 NAT · 1.0 marks

          MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
          There is a presumption that total box-office collection (of both actors) in Million INR on DIFFERENT DATES, follows a uniform distribution with a minimum value of 11 Million INR and maximum value of 30 Million INR. A statistical test is performed to check this presumption. The bins considered for the test are [11 to 15], [16 to 20], [21 to 25] and [26 to 30]. Then, for performing the statistical test, what is the expected frequency in any given bin? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
          Source diagram or notation

            A published solution is not available for this question yet.

            Question 59 NAT · 1.0 marks

            MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
            There is a presumption that total box-office collection (of both actors) in Million INR on DIFFERENT DATES, follows a uniform distribution with a minimum value of 11 Million INR and maximum value of 30 Million INR. A statistical test is performed to check this presumption. The bins considered for the test are [11 to 15], [16 to 20], [21 to 25] and [26 to 30]. Then, for performing the statistical test, what is the DOF? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
            Source diagram or notation

              A published solution is not available for this question yet.

              Question 60 NAT · 2.0 marks

              MSS is a firm that specializes in social media analytics. MSS has acquired data (in Table-1) on the past movie releases of two Heroes nick-named “Manda Kasayam (MK)” and “Youth Vodhavaka (YV)” in the Tamil Film industry. The data is on the Box-Office collections for the movies of MK and YV on different dates in January-1950. Then answer the given subquestions,with the presumption that the other necessary conditions required for the questions are met. [[IMAGE:50baf7ca45d20391_3_2]]
              There is a presumption that total box-office collection (for both actors) in Million INR on DIFFERENT DATES, follows a uniform distribution with a minimum value of 11 Million INR and maximum value of 30 Million INR. A statistical test is performed to check this presumption. The bins considered for the test are [11 to 15], [16 to 20], [21 to 25] and [26 to 30]. Then, for performing the statistical test, what is the value of the computed test statistic? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
              Source diagram or notation

                A published solution is not available for this question yet.

                Question 61 NAT · 1.0 marks

                The linear demand response for product-A is modelled as a simple linear regression represented as D(P) = 4500 – 30*P, where D(P) is the demand at price-P. Then, answer the given subquestions.
                What is the elasticity of the demand response curve when the price is Rs.50? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

                  A published solution is not available for this question yet.

                  Question 62 NAT · 1.0 marks

                  The linear demand response for product-A is modelled as a simple linear regression represented as D(P) = 4500 – 30*P, where D(P) is the demand at price-P. Then, answer the given subquestions.
                  What is the satiating price for the demand response curve? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

                    A published solution is not available for this question yet.

                    Question 63 NAT · 1.0 marks

                    The linear demand response for product-A is modelled as a simple linear regression represented as D(P) = 4500 – 30*P, where D(P) is the demand at price-P. Then, answer the given subquestions.
                    What is the market size for the demand response curve? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

                      A published solution is not available for this question yet.

                      Question 64 NAT · 1.0 marks

                      You want to apply for a student visa to country “X”. You can do this through any one of the five application centres, “A”, “B”, “C”, “D” or “E”. To determine which application centre to choose, you collect data. Currently, the embassy has decided to receive 15% of the applications from centre A, 10% from centre B, 25% each from centres C, D and E. Historically, 60% of the applications that come from centre A have been granted the visa, and 80% of the applications from centre B have been granted the visa. Centres C, D and E each had a 50-50 chance of granting a visa or not granting a visa respectively. Then answer the given subquestions.
                      What is your probability of applying for a student visa through centre A and it is granted? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

                        A published solution is not available for this question yet.

                        Question 65 NAT · 1.0 marks

                        You want to apply for a student visa to country “X”. You can do this through any one of the five application centres, “A”, “B”, “C”, “D” or “E”. To determine which application centre to choose, you collect data. Currently, the embassy has decided to receive 15% of the applications from centre A, 10% from centre B, 25% each from centres C, D and E. Historically, 60% of the applications that come from centre A have been granted the visa, and 80% of the applications from centre B have been granted the visa. Centres C, D and E each had a 50-50 chance of granting a visa or not granting a visa respectively. Then answer the given subquestions.
                        What is your probability of applying for a student visa through centre B and it is not-granted? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

                          A published solution is not available for this question yet.

                          Question 66 NAT · 1.5 marks

                          You want to apply for a student visa to country “X”. You can do this through any one of the five application centres, “A”, “B”, “C”, “D” or “E”. To determine which application centre to choose, you collect data. Currently, the embassy has decided to receive 15% of the applications from centre A, 10% from centre B, 25% each from centres C, D and E. Historically, 60% of the applications that come from centre A have been granted the visa, and 80% of the applications from centre B have been granted the visa. Centres C, D and E each had a 50-50 chance of granting a visa or not granting a visa respectively. Then answer the given subquestions.
                          If a total of 500 applications have been granted a visa, then how many would you expect to have come from centres “C”, “D” and “E” (totally from the three centres)? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

                            A published solution is not available for this question yet.

                            Question 67 NAT · 1.5 marks

                            You want to apply for a student visa to country “X”. You can do this through any one of the five application centres, “A”, “B”, “C”, “D” or “E”. To determine which application centre to choose, you collect data. Currently, the embassy has decided to receive 15% of the applications from centre A, 10% from centre B, 25% each from centres C, D and E. Historically, 60% of the applications that come from centre A have been granted the visa, and 80% of the applications from centre B have been granted the visa. Centres C, D and E each had a 50-50 chance of granting a visa or not granting a visa respectively. Then answer the given subquestions.
                            Say you find Dr.MS had applied for a student visa in the past, and the application was not granted. However, Dr.MS has not told you which application centre was chosen to submit the application. Then what is the probability that Dr. MS has applied though centre C? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

                              A published solution is not available for this question yet.