MGT 6203 Data Analytics For Business Midterm Sample Exam Questions For Part 1
MGT 6203 Data Analytics for Business Midterm Sample Exam Questions for Part 1
Exam (elaborations)
MGT 6203 Data Analytics for Business Midterm Sample Exam Questions for Part 1 | All Answers Correct
40 views 0 purchase
Course
MGT 6203 Data Analytics for Business Midterm Sample Exam Questions for Part 1
Institution
MGT 6203 Data Analytics For Business Midterm Sample Exam Questions For Part 1
1. Imagine that ten programmers are sitting on bar stools in a middle-class drinking establishment in Seattle; each of these programmers earns $500,000/year, which makes the mean and the median annual income $500,000. Prof. Happy who has an annual income of $100,000, walks into the bar and sits wit...
mgt 6203 data analytics for business midterm sample exam questions for part 1 | all answers correct
Written for
MGT 6203 Data Analytics for Business Midterm Sample Exam Questions for Part 1
All documents for this subject (1)
Seller
Follow
Examhack
Reviews received
Content preview
[Type here]
MGT 6203 Data Analytics for Business
Midterm Sample Exam Questions for Part 1
(The actual Part 1 of the exam is much longer with many more questions.)
Please note that the questions for Part 2 will be similar to the Homework
Assignments
1. Imagine that ten programmers are sitting on bar stools in a middle-class drinking
establishment in Seattle; each of these programmers earns $500,000/year, which makes
the mean and the median annual income $500,000. Prof. Happy who has an annual
income of $100,000, walks into the bar and sits with the other workers. Now, the mean
annual income of the 11 of them will become:
A) Higher than $500,000/year
B) Remain the same at $500,000/year
C) Lower than $500,000/year
D) Impossible to compute!
2. We have time series data on the weekly sales of ice-cream brand A in year 2013; we
know whether a particular week is in the spring, summer, fall, or winter. We have
estimated the following model:
Sales=a+b1*SpringDummy+b2*SummerDummy+b3*FallDummy.
What is the proper meaning of the intercept a?
A) The average weekly sales of ice-cream brand A in the spring
B) The average weekly sales of ice-cream brand A in the summer
C) The average weekly sales of ice-cream brand A in the fall
D) The average weekly sales of ice-cream brand A in the winter
3. We have time series data on the weekly sales of ice-cream brand A in year 2013; we
know whether a particular week is in the spring, summer, fall, or winter. We have
estimated the following model:
Sales=a+b1*SpringDummy+b2*SummerDummy+b3*FallDummy.
What is the proper meaning of a+b1?
A) The average weekly sales in the spring
B) The average amount by which average weekly sales in the winter exceed
average weekly sales in the spring
C) The average amount by which average weekly sales in the spring exceed
average weekly sales in the winter
D) The average weekly sales in the summer
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examhack. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
