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Business Data Management · Quiz 1 · 5 Jun 2022 · May 2022 term

Question 12: | Firm | Number of units sold | |---|---| | A | 1200 | |…

Question 12

+1 markNumerical answer

The table below provides information on the number of items sold by different firms in a month. With this information, answer the given subquestions.

FirmNumber of units sold
A1200
B3000
C1500
D1000
E2600
F4500
G1100
H, I, J, K, L, M5100

What is the HHI for the industry (round your answer to 2 decimal places)?.

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Correct answer: 1047.5 (accepted within ±0.5)

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Question 12 of 20 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 5 Jun 2022, in the May 2022 term (IIT M DIPLOMA QUIZ1 EXAM QPE1 05 Jun 2022 IBA). It carries 1 mark.

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