ANALYST ASSESSMENT TEST
Explain your answer to question no. 6 (1pt)
Among revolving loan clients, those who own housing are riskier
Explain your answer to question no. 7 (1pt)
The correct probability that a person in the 15-40 age group will buy an ice cream is 2/5 or 0.4.
Explain your answer to question no. 8 (1pt)
There might be some unseen variable impacting both of these
Explain your answer to question no. 9 (1pt)
If it did not rain, based on the given hypothesis "If it has rained, then the road is wet," it would
suggest that the road can be either wet or dry. The absence of rain does not provide any information
about the current condition of the road. Therefore, the correct answer is: The road can be wet or
dry.
ANALYST ASSESSMENT TEST
Explain your answer to question no. 10 (2pts)
Based on the given information, the most probable statement among the options provided would be:
Alice is a bank teller.
This is the most probable statement as there is no direct or explicit information given that connects Alice's personal characteristics,
educational background, or past activities with any of the other options. Therefore, without further information, we can assume that Alice
being a bank teller is the most probable statement among the options provided.
Explain your answer to question no. 11 (2pts)
Branch A serves about 1500 customers each day, while Branch B serves about 800 customers each day. The percentage of male customers
varies from day to day but is approximately 50 percent.
Since the percentage of male customers varies, we cannot make a definitive conclusion without specific data on the male-to-female ratio
on each day for both branches. Without that information, we cannot determine which branch recorded more days with more than 60
percent male customers.
Therefore, the answer is: About the same.
Explain your answer to question no. 12 (2pts)
In the scenario where a fair coin has come up heads nine times in a row, the probability of heads or
tails on the tenth toss remains the same. Each coin toss is an independent event, and the outcome of
previous tosses does not affect the probability of future tosses.
Therefore, for the tenth toss, the probability of heads and tails is still 50-50, making them equally
probable.
Explain your answer to question no. 13 (2pts)
Let's assume the cost of rice is represented by the variable "x". According to the information provided, chicken adobo costs PHP 50 more
than the rice, so the cost of chicken adobo would be "x + 50".
Given that the total cost of chicken adobo and rice combined is PHP 60, we can set up the following equation:
x + (x + 50) = 60
Simplifying the equation:
2x + 50 = 60
Subtracting 50 from both sides:
2x = 10
Dividing both sides by 2:
x=5
Therefore, the rice costs PHP 5.
ANALYST ASSESSMENT TEST
Explain your answer to question no. 14 (2pts)
I will reinforce the cock pit and the engine because it where the survival of the plane is, regardless of
the worse situation that may occur. And the high probability of the shots mostly taken there.
Explain your answer to question no. 15 (2pts)
Looking at the provided data, A refers to the default rate for those who do not own a house, and B refers to the default rate for those who
own a house.
In both the "cash" and "revolving" loan types, B (default rate for those who own a house) is less than A (default rate for those who do not
own a house). Therefore, based on the given data, A cannot be less than B.
Hence, the answer is no, there is no way that A can be less than B in this scenario.
Explain your answer to question no. 16 (2pts)
Among the products I cream generates the highest profit and among the age group 0-15 generates
the highest profit. Therefore, she should target young people and offer them Ice cream.
Explain your answer to question no. 17 (5pts)
To calculate the probability, we can use the formula:
Probability = (Number of males who availed the next offer) / (Total number of existing clients)
Let's assume there are 100 existing clients for simplicity.
Number of males who availed the next offer = 60% of 5% of 100 = 0.6 * 0.05 * 100 = 3
Total number of existing clients = 50% of 100 = 0.5 * 100 = 50
Probability = 3 / 50 = 0.06 = 6%
Therefore, the probability that a male client would avail the next product offer is 6%.
ANALYST ASSESSMENT TEST
Explain your answer to question no. 18 (5pts)
No, because the count of approved loans for online products is lower.
Explain your answer to question no. 19 (5pts)
There was an increase in collection efficiency while the volume of sales stayed the same and thus
better clients were approved.
