Business Analytics IV
Business Analytics IV
SEMESTER IV
BUSINESS ANALYTICS
Course Objective:
Enable students to learn how data analysts describe, predict, and inform business decisions in
the specific areas of marketing,finance and operation.
Course Outcomes:
Descriptive Statistics -Overview of Using Data: Definitions and Goals - Types of Data -
Creating Distributions from Data - Frequency Distributions for Categorical Data , Relative
Frequency and Percent Frequency Distributions , Frequency Distributions for Quantitative
Data , Histograms , Cumulative Distributions - Measures of Location -Measures of
Variability - Analyzing Distributions , Percentiles , Quartiles , z-scores , Empirical Rule ,
Identifying Outliers , Box Plots - Measures of Association Between Two Variables - Scatter
Charts , Covariance , Correlation Coefficient case study using R and Excel
Data Visualization -Tables, Table Design Principles, Cross tabulation, PivotTables in Excel,
Charts , Scatter Charts , Line Charts , Bar Charts and Column Charts , Bubble Charts , Heat
Maps , Additional Charts for Multiple Variables - Advanced Data Visualization ( Excel, R ,
Tableau), Advanced Charts - Geographic Information Systems Charts-Data Dashboards
Principles of Effective Data Dashboards , Applications of Data Dashboards. case study using
R and Excel
Linear Regression - Least Squares Method - Least Squares Estimates of the Regression
Parameters , Using R and Excel’s Chart Tools to Compute the Estimated Regression
Equation , Compute the Coefficient of Determination- The Multiple Regression Model ,
Regression Model and Regression Equation , Using R and Excel’s Regression Tool to
Develop the Estimated Multiple , Regression Equation, Inference and Regression ,
Conditions Necessary for Valid Inference in the Least Squares Regression Model , Testing
for an Overall Regression Relationship .
Practicals: Data visualization using R, EXCEL and Tableau, Case studies using R
Suggested readings:
BUSINESS ANALYTICS
MODEL QUESTION PAPER
2. The following data shows the students favorite flavors in ice creams. Depict a pie graph for
the data given:
Vanilla 25%
Strawberry 15%
Chocolate 10%
Kesar-Pista 30%
Mango Zap 20%
3.Fit a trend line from the following data by using semi-average method
4.Convert the following annual trend equation for total sales in crores of a company to
monthly trend equation:
Y =162+15.8 x origin :1975 scale of 1 unit of x= 1 year Forecast the sales for June 1978.
5. Find the mean ,median and mode for the given data
2,5,8,6,5,7,3
SECTION B
ANSWER ALL: 5 x 10 = 50 M
6. a)Compute Quartile deviation and its coefficient from the following data:
Marks 10 20 30 40 50 60
No of students 4 7 15 8 7 2
OR
7.a)calculate coefficient of correlation for the above given data
10.a)Draw simple bar diagram to represent the profits of a bank for 5 years.
b) Draw a multiple bar chart to represent the import and export of Canada (values in $) for
the years 1991 to 1995.
OR
12. What is Least Square method? Using the least square method find the regression lines x
on y and y on x for the given data
X: 4 5 6 8 11
Y: 12 10 8 7 5
OR
13. A study is conducted involving 10 students to investigate the relationship and affects of
revision time and lecture attendance on exam performance. Students exam performance,
revision time and lecture attendance
𝐘: 40 44 46 48 52 58 60 68 74 80
𝑿𝟏: 6 10 12 14 16 18 22 24 26 32
𝑿𝟐: 4 4 5 7 9 12 14 20 21 24
Stands for (Y) Exam performance (X1) Revision time (X2) Lecture attendance
Calculate Multiple Regression for above data.
14. Assume a four year cycle. Calculate the trend by the moving of average for the following
data:
Year: 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970
Sales: 500 520 550 470 510 540 560 570 590 610
OR
15.Calculate the forecast Accuracy for the given Time series data
Month 4 5 6 8 11
Values 12 10 8 7 5
16.Given a set of transactions, find Association rules that will predict the occurrence of an
item based on the occurrences of other items in the transaction.
TID Items
1 Bread, Milk
TID Items
OR
X1 1 3 3 4 4 2 3 7 8
X2 5 2 5 3 3 1 5 3 4