Question 1
The distribution is right skewed
The distribution is symmetric
The distribution is left skewed
Cannot say without the skewness value
Question 2
There are 4 business units. There are two outputs and one input under consideration. You are solving the optimization problem for business unit 3 and find that the efficiency is 0.8. You find that the dual variables corresponding to the constraints of business units 3 and 5 are non-zero and the dual variables corresponding to the constraints of other units are zero. The dual variables corresponding to the constraints of business units 3 and 5 are 0.35 and 0.45 respectively. You are given the following table where sales and number of leads are the two outputs. What is the Market Share in HCU 4?
Hint: Round off answers to 4 decimal places in every step of your calculation
| Total Profit (1000 $) | Market Share (%) | |
|---|---|---|
| DMU 3 | 15,000 | 55% |
| DMU 5 | 18,000 | 60% |
67.8125
47.8125
65.8128
57.8125
Question 3
In the below diagram, the customer wants to decide between the products O1 & O2, and x denotes the coordinates of the ideal product. Which of the following are true?
Customers will prefer O2 when d1<d2
Both Customers will prefer O2 when d1<d2 and Customers will prefer O1 when d2>d1
Customers will prefer O1 when d2>d1
None of these
31 more questions in this paper
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More on the Business Analytics End Term 24 Dec 2023 Set FDD1 paper
The IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 24 Dec 2023, in the September 2023 term, set FDD1: 34 questions for 45 marks in 180 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.
| Feature | Business Analytics End Term 24 Dec 2023 Set FDD1 at a glance |
|---|---|
| Term | September 2023 term |
| Subject | Business Analytics |
| Course code | BSMS2002 |
| Questions | 34 |
| Marks | 45 |
| Duration | 180 min |
| MCQ | 9 |
| MSQ | 2 |
| Numerical | 23 |
| Official paper | IIT M FOUNDATION FN EXAM FDF1 24 Dec 2023 |
| Negative marking | No negative marking. |
| Updated |