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Business Analytics · Quiz 1 · 26 Oct 2025 · September 2025 term

Question 13: | Date | Marketplace | Number of units of Product-A Sold…

Question 13

+2 marksNumerical answer

(The following is a purely imaginary scenario)
A company sells two products (A and B) in four different marketplaces. In the first marketplace, the sales are made at the Forenoon (FN). In the second marketplace, sales are made during the Afternoon (AN). In the third marketplace, sales are made during the Evening (E). In the fourth marketplace, sales are made during the Night (N). Table-2 provides the data on the sales in the four marketplaces for the two products in the first 5 days on January 2023. Using this data, answer the given subquestions.

DateMarketplaceNumber of units of Product-A SoldNumber of units of Product-B Sold
01-01-2023FN3130
02-01-2023FN2141
03-01-2023FN1645
04-01-2023FN756
05-01-2023FN1349
01-01-2023AN840
02-01-2023AN842
03-01-2023AN2144
04-01-2023AN1355
05-01-2023AN742
01-01-2023E3130
02-01-2023E2141
03-01-2023E1652
04-01-2023E757
05-01-2023E1349
01-01-2023N855
02-01-2023N857
03-01-2023N2144
04-01-2023N1352
05-01-2023N762

Table-2

The question of whether total sales in different marketplaces for product A and total sales in different marketplaces for product B are independent across the different days is being checked. Then what is the expected frequency for “Product-B” on “03-01-2025”? (Note: Enter the answer rounded to two decimal places. For example, if the answer is “1.235”, then enter it as “1.24”)

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Correct answer: 198 (accepted within ±1)

Question 13 of 15 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 26 Oct 2025, in the September 2025 term (IIT M DIPLOMA AN EXAM QDD2 26 Oct 2025). It carries 2 marks.

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