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Business Analytics · Quiz 2 · 16 Mar 2025 · January 2025 term

Question 20: The three figures below (Picture-1, Picture-2, Picture-3…

Question 20

+1.5 marksNumerical answer

The three figures below (Picture-1, Picture-2, Picture-3) provide the partial regression output from excel for three models (Model-1, Model-2 and Model-3) which were built on the same data (Hint: same dependent variable with same number of rows. However, the number of independent variable in each model is different).
Given this information, answer the subquestions.

ANOVA

dfSSMSFSignificance F
Regression3A159574.543177.8855.44128E-10
Residual6112.479618.7466
Total9178836.1

Picture-1: Partial Results from Excel for Model-1

ANOVA

dfSSMSFSignificance F
Regression2178723.44035552.4029296.27476E-12
Residual112.6596987
Total9
CoefficientsStandard Errort Stat
Intercept815.75479514.075009576
X Variable 1-3.9529588850.03846985A2
X Variable 23.6642907450.791804173

Picture-2: Partial Results from Excel for Model-2

SUMMARY OUTPUT

Regression Statistics
Multiple R0.998720528
R Square0.997442694
Adjusted R Square0.99712303
Standard Error7.560908499
Observations10

ANOVA

dfSSMSFSignificance F
Regression1A33120.291581.17067E-11
Residual8A4
Total9A5

Picture-3: Partial Results from Excel for Model-3

What is the value of “A5”? (Note: Enter the answer rounded to two decimal places. For example, if the answer is “1.234”, then enter it as “1.23”)

Show answer

Correct answer: 178836 (accepted within ±5)

Question 20 of 21 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 2 paper sat on 16 Mar 2025, in the January 2025 term (IIT M DIPLOMA AN EXAM QDD2 16 Mar 2025). It carries 1.5 marks.

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