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Business Analytics · Quiz 2 · 24 Mar 2024 · January 2024 term

Question 17: An AI engine to scrutinize applications for the BS progr…

Question 17

+1 markNumerical answer

An AI engine to scrutinize applications for the BS program is being developed. The aim of the AI engine is to shortlist applicants who have the highest chance of completing the program. Hence, the AI engine classifies every applicant as either “Selected” or “Not Selected” based on the “Probability of Completion” which is computed using an applicant’s previous academic and professional records (X mark, XII mark, work experience, conduct and number of extracurricular certificates)
To test the model, past student data was captured. Using the past data, the AI model predicted the probability for completion. This is provided in Table-2. The table also provides the information of whether the student actually completed the course.Given this information, answer the subquestions.

Student IDProbability for the student to complete the courseDid the student actually complete the course
NBA112340.80NO
NBC112450.62YES
NBN312560.70YES
NBN763400.52YES
MNV892010.47YES
JKS0126710.71NO
YTX001120.64YES
TTQ327410.39NO

Table-2

At a threshold of 0.4, how many “True Negatives” is the AI engine predicting?
(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: 1

Question 17 of 17 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 2 paper sat on 24 Mar 2024, in the January 2024 term (IIT M DIPLOMA AN EXAM QDD2 24 Mar 2024). It carries 1 mark.

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