A leading European two-wheeler manufacturer is trying to build an ideal scooter for the Indian market. Which of the following tools will help him understand: how important the attributes such as Engine Capacity, LED Lights, Fuel Efficiency, and Smart Connect Technology are to the customers?
Data Envelopment Analysis
Conjoint Analysis
Chi-Square test
Both Data Envelopment Analysis & Chi-Square test
Suppose you conduct a chi-squared test of independence on the categorical variables cities and brand preferences at the significance level 0.1. You obtain a p-value of 0.05. What will you conclude?
Reject the null hypothesis and conclude that the categorical variables are independent
Reject the null hypothesis and conclude that the categorical variables are not independent
Fail to reject the null hypothesis and conclude that the categorical variables are independent
Fail to reject the null hypothesis and conclude that the categorical variables are not independent
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 = 0.92, E2 = 0.89, E3 = 1, E4 = 0.91. Which of these units are efficient?
1
2
3
4
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The IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 7 Aug 2022, in the May 2022 term, set QPD1: 27 questions for 55 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 7 Aug 2022 Set QPD1 at a glance |
|---|---|
| Term | May 2022 term |
| Subject | Business Analytics |
| Course code | BSMS2002 |
| Questions | 27 |
| Marks | 55 |
| Duration | 180 min |
| MCQ | 8 |
| MSQ | 4 |
| Numerical | 15 |
| Official paper | IIT M FOUNDATION DIPLOMA ENDTERM QPD1 07 Aug 2022 IBA NS |
| Negative marking | No negative marking. |
| Updated |
