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Business Analytics · Quiz 1 · 27 Oct 2024 · September 2024 term

Question 13: What is your probability of applying for a student visa …

Question 13

+1 markNumerical answer

You want to apply for a student visa to country “X”. You can do this through any one of the five application centres, “A”, “B”, “C”, “D” or “E”. To determine which application centre to choose, you collect data. Currently, the embassy has decided to receive 15% of the applications from centre A, 10% from centre B, 25% each from centres C, D and E. Historically, 60% of the applications that come from centre A have been granted the visa, and 80% of the applications from centre B have been granted the visa. Centres C, D and E each had a 50-50 chance of granting a visa or not granting a visa respectively. Then answer the given subquestions.

What is your probability of applying for a student visa through centre A and it is granted? (Note: If your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)

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Correct answer: 0.095 (accepted within ±0.005)

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Question 13 of 16 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 27 Oct 2024, in the September 2024 term (IIT M DIPLOMA AN EXAM QDD2 27 Oct 2024). It carries 1 mark.

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