Business Analytics
Business Analytics
Business Analytics
None of these
Sub-Section Number : 7
Sub-Section Id : 64065350440
Options :
Business Analytics
Section Id : 64065322143
Section Number : 13
Number of Questions : 9
Section Marks : 20
Sub-Section Number : 1
Sub-Section Id : 64065350441
Correct Marks : 0
Options :
6406531166470. Yes
6406531166471. No
Sub-Section Number : 2
Sub-Section Id : 64065350442
Correct Marks : 2
Suppose you conduct a chi-squared test of independence on the categorical variables cities and
brand preferences at the significance level 0.05. You obtain a p-value of 0.07. What will you
conclude?
Options :
6406531166472. Reject the null hypothesis and conclude that the categorical variables are
independent
6406531166473. Reject the null hypothesis and conclude that the categorical variables are not
independent
6406531166474. Fail to reject the null hypothesis and conclude that the categorical variables are
independent
6406531166475. Fail to reject the null hypothesis and conclude that the categorical variables are
not independent
Correct Marks : 2
There are 4 business units. Using the DEA, you solve the LP for all the four business units and find
the efficiencies for these units. The efficiency is denoted by E. For these units, E1 = 0.83, E2 = 1, E3
= 0.57, E4 = 0.91. Which of these units are efficient?
Options :
6406531166479. Unit 1
6406531166480. Unit 2
6406531166481. Unit 3
6406531166482. Unit 4
Correct Marks : 2
You construct a linear regression on a price-demand dataset and observe the following trend.
After observing the above figure, choose which of the following statements are true?
Options :
6406531166487. The intercept and the slope of this regression are both negative
6406531166488. The intercept and the slope of this regression are both positive
Sub-Section Number : 3
Sub-Section Id : 64065350443
Correct Marks : 3
You solve the primal of a linear program with maximization objective, three decision variables and
two constraints of the less than or equal to type. Non-negativity restrictions apply on the decision
variables. After solving the linear program, you find that the first constraint is binding (lhs = rhs)
and the second constraint is not binding (lhs < rhs). Which of the following statements are correct?
Options :
Sub-Section Number : 4
Sub-Section Id : 64065350444
Correct Marks : 2
Possible Answers :
5.9 to 6.1
Correct Marks : 2
In a multiple linear regression with 4 explanatory variables, you find that R-squared value is 0.7.
The number of observations is 25. What is the value of adjusted R-squared?
Possible Answers :
0.62 to 0.66
Correct Marks : 2
You are conducting a multiple linear regression with sales as the dependent variable. Price,
quantity and rating score are the independent variables. In order to calculate the VIF for the
variable rating score, you implement a linear regression with rating score as the dependent
variable and other variables as independent variables and obtain R-squared of 0.3. What is the VIF
for the variable rating score?
Possible Answers :
1.38 to 1.44
Sub-Section Number : 5
Sub-Section Id : 64065350445
Please use the confusion matrix below to answer the given subquestions.
Sub questions
Correct Marks : 1
The accuracy of the classification model according to the confusion matrix is:____________
Hint: Enter your answer in %. If your answer is 12%, just enter 12
Possible Answers :
80
Correct Marks : 2
The precision of the model with respect to the class (Yes) is: ___________
Hint: Enter your answer in %. If your answer is 12%, just enter 12
Possible Answers :
75
Correct Marks : 2
The recall of the model with respect to class (Yes) is: _____________
Hint: Enter your answer in %. If your answers is 12%, just enter 12
Possible Answers :
90
System Commands
Section Id : 64065322144
Section Number : 14
Number of Questions : 17