The linear demand response for a product-A is modelled as a simple linear regression represented as D(P) = 1500 – 20*P, where D(P) is the demand at price-P. Then, answer the given subquestions.
What is the elasticity of this curve when the price is Rs.50?
The linear demand response for a product-A is modelled as a simple linear regression represented as D(P) = 1500 – 20*P, where D(P) is the demand at price-P. Then, answer the given subquestions.
What is the satiating price for this curve?
Which of the following distributions is/are not symmetric in nature (select all that are applicable)?
Standard normal distribution
Exponential distribution
Uniform distribution between [-1 to +1]
Poisson distribution
Sign in with Google — it is free — to see every question with its answer and explanation, practise it in learning mode, or take it as a timed mock test.
The IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 5 Jun 2022, in the May 2022 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 5 Jun 2022 at a glance |
|---|---|
| Term | May 2022 term |
| Subject | Business Analytics |
| Course code | BSMS2002 |
| Questions | 16 |
| Marks | 20 |
| Duration | 120 min |
| Numerical | 8 |
| MSQ | 3 |
| MCQ | 5 |
| Official paper | IIT M DIPLOMA QUIZ1 EXAM QPE1 05 Jun 2022 IBA |
| Negative marking | No negative marking. |
| Updated |
