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IBA Sem 3 QP

This document is a question paper for the course 'Introduction to Business Analytics' for Bachelor of Management Studies students. It includes instructions for candidates, a variety of questions related to data analytics, machine learning, regression models, classification problems, and evaluation metrics. The paper consists of multiple sections requiring explanations, code writing, and interpretations of statistical outputs.

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kartikkapoor796
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13 views4 pages

IBA Sem 3 QP

This document is a question paper for the course 'Introduction to Business Analytics' for Bachelor of Management Studies students. It includes instructions for candidates, a variety of questions related to data analytics, machine learning, regression models, classification problems, and evaluation metrics. The paper consists of multiple sections requiring explanations, code writing, and interpretations of statistical outputs.

Uploaded by

kartikkapoor796
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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[This question paper contains 4 printed pages.

]
Your Roll No.3.294153 ot11
Sr. No. of Question Paper: 504 G

Unique Paper Code : 2922062301


Name of the Paper : Introduction to Business
Analytics
Name of the Course : Bachelor of Management
Studies (BMS)
Semester : III

Duration : 3Hours Maximum Marks : 90

Instructions for Candidates


1. Write your RollNo. on the top immediately on receipt
of this question paper.
2. Attempt any six questions.

3. All questions carry equal marks.


4. Show your working clearly in your answer sheet.

V Data analytics is essential for businesses to make


iinformed decisions'. In the light of the current
statement explain the role «of data analytics and its
various types. (15)

2 (aDifferentiate between Supervised and Unsupervised


machine learning with the help of suitable
examples. (7)

P.T.O.
504 2

(o How does descriptive analytics differ from other


types of analytics. Consider there is a dataset
of 'salary' with one of the variables as
'years education'. Write suitable Python/R code
to determine range, standard deviation, and
variance of 'years_education' . (8)

3 ( What is regression and its types? State the


assumptions in a linear regression model. (7)
(e How do you know that linear regression is suitable
for any given data? What are the different types
of metrics used to determine the accuracy of a
regression model? (8)

Consider the output summary of a regression model


that aims to predict 'Employee Pcrformance Rating'
The model uses Years of Experience', Education
Level', and Job Satisfaction' as predictor variables.
Coefficients:
Estimate Std. Error tvalue Pr>)
2.5 5.681 5.752 0.0004
(Intercept) 0.001
Years of Experience 0.4 0.014 3.397
Education Level 0.2 0.925 2.993 0.003
Job Satisfaction 0.3 0.066 0.461 0.645

Degreeof freedom (Residuals): 390


R-squared: 0.767, Adjusted R-squared: 0.759
F-statistic: 96.39 on 3 and 391 DE, p-value: <1.2e-11
o Formulate the fegression equation, Specifying the
predictors, thefarget variable, and the Size of the
dataset.
504 3

() Explain the meaning of the intercept in the context


of this employee performance model and determine
its statistical significance.
to) Interpret the coefficients for 'Years of Experience,'
'Education Level,' and 'Job Satisfaction.' Assess
their statistical significance and provide insights
into the relative importance of these predictors in
explaining employee performance.
( Evaluate the quality of the model's fit using R
squared and the F-statistic. Offer interpretations
the model's overall effectiveness in predicting
employee performance ratings. (15)

5. What is a classification problem? In a dataset


'Chum Data', the aim is to predict customer chum
based on the provided customer related variables.
CustomerlD: A unique identifier for each customer
(categorical variable).
ContractDuration: The duration of the customer's
subscription contract in months (continuous variable).
TotalCharges: The total charges incurred by the
customer (continuous variable).
ContractType: The type of contract the customer has
(categorical variable with options like "Month-to
Month," "One Year," "Two Year").
MonthlyUsage: The average monthly data/usage by
the customer(continuous variable). Chum: The target
P.T.0.
504 4

variable indicating whether the customer churned (1


for "Churn" and 0 for "No Churn'").
Build asuitable regression model to determine whether
customers would chum or not. Write down the steps
with python/R codes for building the model using the
above dataset. (15)

What is a confusion matrix and what is its purpose


in classification problem? Consider the followi
Prediction matrix:
confusion
No 50 5

Yes 10 100

No Yes

Actual

Regarding the above table, calculate the following :


sa) Precision
(by Recali
(oF score
(& Accuracy
(é) Specificity (15)

7. Write short notes on any three :


(a) Social media analytics
(b Multicollinearity
6ROC and Cut-off probability
(Decision Tree and Random Forest (15)

(500)

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