Quiz Space

Business Analytics · Quiz 2 · 3 Dec 2023 · September 2023 term

Question 4: SUMMARY OUTPUT | Regression Statistics | | |---|---| | Mu…

Question 4

+1 markNumerical answer

For the regression output provided in Figure-1, answer the given subquestions.
Note: For all questions in this comprehension, enter your answer in decimals rounded to two decimal places. For example, if your answer is “20.3247” then enter it as “20.32”

SUMMARY OUTPUT

Regression Statistics
Multiple R1
R Square1
Adjusted R Square1
Standard Error1.92403E-15
ObservationsA1

ANOVA

dfSSMSFSignificance F
RegressionA3905.7333333A4
Residual12
Total14
CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Lower 95.0%Upper 95.0%
Intercept7.10543E-153.48311E-15-4.83607E-161.46945E-14-4.83607E-161.46945E-14
X Variable 121.57612E-162222
X Variable 232.25138E-163333

Figure-1: Partial Excel Regression Model Output

How many columns are present in the sample used to develop the regression model (all the columns present in the sample)?

Show answer

Correct answer: 3

Question 4 of 20 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 2 paper sat on 3 Dec 2023, in the September 2023 term (IIT M DIPLOMA AN2 EXAM QDD2 03 Dec 2023). It carries 1 mark.

More questions from this paper

  1. Q1“Latent demand” in a demand-response curve refers to?
  2. Q2In Multiple Linear Regression, the “R” represents _ (choose all those that are applicable)
  3. Q3SUMMARY OUTPUT | Regression Statistics | | |---|---| | Multiple R | 1 | | R Square | 1 | | Adjusted R Square | 1 | | St…
  4. Q5SUMMARY OUTPUT | Regression Statistics | | |---|---| | Multiple R | 1 | | R Square | 1 | | Adjusted R Square | 1 | | St…
  5. Q6SUMMARY OUTPUT | Regression Statistics | | |---|---| | Multiple R | 1 | | R Square | 1 | | Adjusted R Square | 1 | | St…
  6. Q7SUMMARY OUTPUT | Regression Statistics | | |---|---| | Multiple R | 1 | | R Square | 1 | | Adjusted R Square | 1 | | St…
  7. Q8What is the elasticity of the demand response curve?
  8. Q9What is the demand at a price of Rs. 35?
  9. Q10Based on the elasticity what can be the conclusion?
  10. Q11The primal formulation of a production planning problem, where the objective is to maximizing the total profit is formu…
  11. Q12The primal formulation of a production planning problem, where the objective is to maximizing the total profit is formu…
  12. Q13The primal formulation of a production planning problem, where the objective is to maximizing the total profit is formu…
  13. Q14If “Female” is categorised as the positive class (that is Y=1), then how many “True Positives” are present? (Note: do n…
  14. Q15If “Female” is categorised as the positive class (that is Y=1), then how many “True Negatives” are present? (Note: do n…
  15. Q16If “Female” is categorised as the positive class (that is Y=1), then how many “False Positives” are present? (Note: do …
  16. Q17If “Female” is categorised as the positive class (that is Y=1), then how many “False Negatives” are present? (Note: do …
  17. Q18What is the accuracy of the AI system?
  18. Q19What is the “Precision” of the AI system for predicting “Male” class?
  19. Q20What is the “Recall” of the AI system for predicting the “Female” class?