Quiz Space

Business Analytics · Quiz 1 · 7 Jul 2024 · May 2024 term

Question 14: “Bro” has always had a passion for data and the science …

Question 14

+0.5 marksNumerical answer

“Bro” has always had a passion for data and the science behind it. Hence, to gain a formal education, Bro has explored and identified three different certificate programme provides: “The IITM BSc Program”, “IITM NPTEL Analytics Certification” and “A Random Dude Certification”. Before, opting for one, Bro has decided to identify the success of the program providers in terms of job opportunities after completion. The success is measured in three levels, “Level-1: Placement with High Package”, “Level-2: Placement with Low Package” and “Level-3: No placement”. From past data, it is seen that of all students who completed the “The IITM BSc Program” 30% of past students are in Level-1 and 45% are in Level-2. Similarly, of all students who completed the “IITM NPTEL Analytics Certification”, 45% are in Level-1 and 30% are in Level-2. Finally, of all students who completed the “A Random Dude Certification”, 25% are in the Level-1 and the rest are in Level- 3.
Based on past admission trends, it is seen that 40% of the student population are in the “The IITM BSc Program”, 30% are in the “IITM NPTEL Analytics Certification” and the remaining have opted for “A Random Dude Certification”.
Assuming the necessary mutual exclusiveness criteria, answer the given sub questions.

If a total of 1000 students are taken (across all three programmes) then how many will be in “Level-2”? (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”)

Show answer

Correct answer: 770

Question 14 of 19 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 7 Jul 2024, in the May 2024 term (IIT M DIPLOMA AN EXAM QDD2 7 July 2024). It carries 0.5 marks.

More questions from this paper

  1. Q1Dr. Milo is exploring the attendance of employees (number of sick days taken) in an organisation. He needs to make a pr…
  2. Q2Dr. Milo is exploring the attendance of employees (number of sick days taken) in an organisation. He needs to make a pr…
  3. Q3“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  4. Q4“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  5. Q5“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  6. Q6“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  7. Q7“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  8. Q8“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  9. Q9“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  10. Q10“Aqua Aqua (AA)” is a manufacturer of water purifiers. AA wants to understand the life of its RO filters. The life of a…
  11. Q11The linear demand response for product-A is modelled as a simple linear regression represented as D(P) = 2800 – 40P, wh…
  12. Q12The linear demand response for product-A is modelled as a simple linear regression represented as D(P) = 2800 – 40P, wh…
  13. Q13“Bro” has always had a passion for data and the science behind it. Hence, to gain a formal education, Bro has explored …
  14. Q15“Bro” has always had a passion for data and the science behind it. Hence, to gain a formal education, Bro has explored …
  15. Q16Competitive eating a very popular sport in Western Countries. Competitive eating, or speed eating, is a sport in which …
  16. Q17Competitive eating a very popular sport in Western Countries. Competitive eating, or speed eating, is a sport in which …
  17. Q18Competitive eating a very popular sport in Western Countries. Competitive eating, or speed eating, is a sport in which …
  18. Q19Competitive eating a very popular sport in Western Countries. Competitive eating, or speed eating, is a sport in which …