Question 1
When is a “Table” the best visualisation option for presenting data?
When the outliers in the data need to be shown
When trends in the data need to be shown
When proportions in the data need to be shown
None of these
Question 2
The table below provides the summary statistic for a random variable. Then what distribution could be a good fit for this random variable?
Poisson distribution
Normal distribution
Uniform distribution
Standard normal distribution
Question 3
For a linear demand response curve, the satiating price is __
The price at which the profits are maximum
The price at which demand is zero
The price beyond which the consumer surplus exists
The price beyond which latent demand exists
13 more questions in this paper
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More on the Business Analytics Quiz 1 16 Jul 2023 paper
The IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 16 Jul 2023, in the May 2023 term: 16 questions for 20 marks in 120 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 Quiz 1 16 Jul 2023 at a glance |
|---|---|
| Term | May 2023 term |
| Subject | Business Analytics |
| Course code | BSMS2002 |
| Questions | 16 |
| Marks | 20 |
| Duration | 120 min |
| MCQ | 4 |
| MSQ | 5 |
| Numerical | 7 |
| Official paper | IIT M DIPLOMA AN2 EXAM QPD2 16 JULY 2023 |
| Negative marking | No negative marking. |
| Updated |