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Business Analytics · Quiz 1 · 16 Jul 2023 · May 2023 term

Question 9: What is the value of the computed test statistic?\ Note: …

Question 9

+2 marksNumerical answer

Say, Table-1 specifies the win results for the teams that batted first during the PARADOX Cricket Games. You are now interested to generate more data on win margins for Teams that bat first during future PARADOX games, which will be used as part of your business proposal to improve the pitch. Accordingly, you are told that the win margins are uniformly distributed between 1 and 10 runs U[1,10] for any given game in the future. Then answer the given subquestions.

What is the value of the computed test statistic?
Note: Round your answer to one decimal point. Example, if your answer is "1.245", enter the answer as "1.2"

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Correct answer: 2.1 (accepted within ±0.1)

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Question 9 of 16 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 16 Jul 2023, in the May 2023 term (IIT M DIPLOMA AN2 EXAM QPD2 16 JULY 2023). It carries 2 marks.

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