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Unit 1 - How to
access the portal

Course
outline
Week 0 Assignment
The due date for submitting this assignment has passed. Due on 2018-02-05, 23:59 IST.
How to access
the portal Submitted assignment

Lesson 1: How Pre-test to assess yourself before the start of the course
to access the
home page? 1) The empirical rule says that approximately what percentage of the values would be within 2 1 point
standard deviations of the mean in a bell shaped set of data?
Lesson 2: How
to access the
course page? A. 95%

Lesson 3: How B. 68%

to access the C. 50%
MCQ, MSQ
and D. almost all
Programming
assignments? No, the answer is incorrect.
Score: 0
Quiz : Week 0
Assignment Accepted Answers:
A. 95%
Week 1
2) You are offered an investment opportunity. Its outcomes and probabilities are presented in the 1 point
Week 2 following table:

Week 3

Week 4

Week 5

Week 6
The mean of this distribution is:
Week 7
A. -$100
Week 8
B. $0
Week 9 C. $600

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3) Eugene Gates, Marketing

Powered by Director of Mansfield Motors Manufacturers, Inc.’s Electrical Division, 1 point
DOWNLOAD
is leading a study to assess the relative importance of product features. An item on a survey questionnaire
VIDEOS
distributed to 100 of Mansfield’s customers asked them to rate the importance of “ease of maintenance” on a
scale of 1 to 10 (with 1 meaning “not important” and 10 meaning “highly important”). His staff assembled the
following statistics.

If Eugene concludes that the average rate of “ease of maintenance” for all customers is 7.5, he is using:

A. a range estimate

B. a statistical parameter

C. a point estimate

D. an interval estimate

No, the answer is incorrect.

Score: 0
Accepted Answers:
C. a point estimate

4) Data from a completely randomized design are shown in the following table: 1 point

For a one-way ANOVA, the Between Sum of Squares (SSB) is:

A. 36.17

B. 28.75

C. 64.92

D. 18.03

No, the answer is incorrect.

Score: 0
Accepted Answers:
A. 36.17

5) Alan Bissell, a market analyst for City Sound Mart, is analyzing sales of heavy metal CD’s. 1 point
Alan’s dependent variable is annual heavy metal CD sales (in $1,000,000's), and his independent variables
are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural). Regression analysis of
the data yielded the following tables.

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For a rural sales district with 10,000 teenager’s, Alan's model predicts annual sales of heavy metal CD sales
of

A. $2,100,000

B. $524,507

C. $533,333

D. $729,683

No, the answer is incorrect.

Score: 0
Accepted Answers:
C. $533,333

6) Inspection of the following table of correlation coefficients for variables in a multiple regression 1 point
analysis reveals potential multicollinearity with variables

A. x1 and x5

B. x2 and x3

C. x4 and x2

D. x4 and x3

No, the answer is incorrect.

Score: 0
Accepted Answers:
C. x4 and x2

7) Analysis of data for an autoregressive forecasting model produced the following tables. 1 point

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The forecasting model is

A. yt = 5.745787 + 0.062849yt-1 + 0.065709yt-2

B. yt = 4.85094 - 0.10434yt-1 + 0.962669yt-2

C. yt = 0.84426 - 1.66023yt-1 + 14.65023yt-2

D. yt = 0.40299 + 0.103822yt-1 + 9.69 10 -17yt-2

No, the answer is incorrect.

Score: 0
Accepted Answers:
B. yt = 4.85094 - 0.10434yt-1 + 0.962669yt-2

8) A time series with forecast values and error terms is presented in the following table. The mean 1 point
absolute deviation (MAD) for this forecast is

A. 3.54

B. 7.41

C. 4.43

D. 17.72

No, the answer is incorrect.

Score: 0
Accepted Answers:
C. 4.43

9) ABC wants to invest up to an amount of $30000 in fixed income securities. His broker 1 point
recommends investing in two bonds: Bond X yielding 7% and Bond Y yielding 10%. After some

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consideration, he decides to invest at most $12000 in bond X and at least $6000 in Bond Y. He also wants
the amount invested in Bond X to be at least equal to the amount invested in Bond Y. What should the
broker recommend if the investor wants to maximize his return on investment?

A. Unbounded solution

B. Infeasible solution

C. Alternative solution

D. None of these

No, the answer is incorrect.

Score: 0
Accepted Answers:
D. None of these

10)Consider the following decision table with rewards in $1,000,000's. 1 point

Using the maximax criterion, the appropriate choice is

A. d1

B. d2

C. d3

D. d4

No, the answer is incorrect.

Score: 0
Accepted Answers:
A. d1

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