Quiz Space

Business Analytics · End Term · 31 Aug 2025 · May 2025 term · Set QDD1

Question 11: The Following Question is Purely Hypothetical\ Your fami…

Question 11

+1.5 marksOne correct option

The Following Question is Purely Hypothetical
Your family is seeking an alliance for you and has found three matrimonial services “X”, “Y” and “Z”. Assume that the enrolment in the matrimonial services is mutually exclusive. A market survey indicates that 40% of total enrolments are in “X”, 35% are in “Y” and the remaining are in “Z”. The market survey also indicates that 25% of registrations in “X” find a suitable match, 40% in “Y” find a suitable match, and 30% in “Z” find a suitable match. Recently, your family has heard the news that a relative “P” has not found a suitable match after enrolling in one of the matrimonial services. Then which matrimonial service would you suspect “P” to have enrolled in?

  1. A

    Z

  2. B

    Y

  3. C

    X

  4. D

    Cannot say as I am already married (This is not the correct answer to this question. Just relax, think and choose from the other three)

Show answer

Correct answer

  • C

    X

See the whole paperTake it as a mock test

Question 11 of 32 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M DIPLOMA FN EXAM QDD1 31 Aug 2025). It carries 1.5 marks.

More questions from this paper

  1. Q1How many decision variables are present in the standard form of the primal, if the given problem is formulated as a Lin…
  2. Q2How many decision variables are present in the Dual form (which is formulated based on the standard form of the primal)…
  3. Q3If the restaurant decides to make 450 DCVs and 450 CVs, then what is the value of the objective function for the linear…
  4. Q4If the restaurant decides to make 450 DCVs and 450 CVs, then how many decision variables in the Dual form (which is for…
  5. Q5If the restaurant decides to make 450 DCVs and 450 CVs, then which of the following option is correct
  6. Q6| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  7. Q7| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  8. Q8| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  9. Q9The computed p-value of a chi-square goodness-of-fit test is 0.167. Then, which of the following statements are TRUE
  10. Q10Say you build a multiple regression model using 6 independent variables and 20 data points. This is called Model-1. The…
  11. Q12What would be the mean of the distribution, if you want to check the hypothesis “The number of scratches on a produced …
  12. Q13Which of the following is the correct PMF formula for a Poisson Distribution?
  13. Q14How many (count) of degrees of freedom will be presented for the computed test statistic for this problem if you want t…
  14. Q15What is the value of the computed test statistic for the test to be performed if you want to check the hypothesis “The …
  15. Q16Based on the computed test statistic for the test to be performed, using Figure-2, at a significance level of 10% what …
  16. Q17Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  17. Q18Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  18. Q19Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  19. Q20Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  20. Q21Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  21. Q22Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  22. Q23Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  23. Q24There are six business units. There are two outputs and one input under consideration. You are solving the optimization…
  24. Q25There are six business units. There are two outputs and one input under consideration. You are solving the optimization…
  25. Q26What is the objective function?
  26. Q27What is the type constraint?
  27. Q28Which of them is not a constraint for the LP problem pertaining to Sales Office 2? (Select all that apply)
  28. Q29You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  29. Q30You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  30. Q31You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  31. Q32You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…