Four teams (1, 2, 3 and 4) have qualified for the final of the cricket world cup. Team 1 plays Team 2. Team 3 plays Team 4. The winners then play for final. In a game between Team “i” and Team “j”, the probability of team “i” winning is given by {i /(i+j)}. Then what is the conditional probability that “Team 1” will win the World Cup? (Note: Enter your answer in decimals rounded to two decimal places. For example, if your answer is “0.245”, enter it as “0.25”)
The monthly electric power consumed by the paint shop in an automobile assembly line is thought to be related to “Average ambient temperature (X1)”, “Number of working days in the month (X2)” and “Total surface area that is painted (X3)”. The past historical data (in Table-1) was used to build a model containing these variables and the developed regression model is provided below. Electric Power Consumed = 857.75+ 4.25*X1 – 40.75*X2 + 3.45*X3
Given this information, answer the subquestions.
What is the R-square value of the model? (Note: Enter your answer in decimals rounded to two decimal places. For example, if your answer is “0.456” enter it as “0.46”)
The monthly electric power consumed by the paint shop in an automobile assembly line is thought to be related to “Average ambient temperature (X1)”, “Number of working days in the month (X2)” and “Total surface area that is painted (X3)”. The past historical data (in Table-1) was used to build a model containing these variables and the developed regression model is provided below. Electric Power Consumed = 857.75+ 4.25*X1 – 40.75*X2 + 3.45*X3
Given this information, answer the subquestions.
What is the Adjusted R-square value of the model? (Note: Enter your answer in decimals rounded to two decimal places. For example, if your answer is “0.456” enter it as “0.46”)
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The IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 13 Apr 2025, in the January 2025 term, set QDD3: 30 questions for 45 marks in 180 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 End Term 13 Apr 2025 Set QDD3 at a glance |
|---|---|
| Term | January 2025 term |
| Subject | Business Analytics |
| Course code | BSMS2002 |
| Questions | 30 |
| Marks | 45 |
| Duration | 180 min |
| Numerical | 21 |
| MCQ | 6 |
| MSQ | 3 |
| Official paper | IIT M DIPLOMA AN EXAM QDD3 13 Apr 2025 |
| Negative marking | No negative marking. |
| Updated |
