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NMIMS Global Access
School for Continuing
Education (NGA-SCE)
Course: Fundamentals of Big Data & Business Analytics
Internal Assignment
Applicable for December 2022 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks. All Questions are
compulsory
All answers to be explained in not more than 1000 words for question 1
and 2 and for question 3 in not more than 500 words for each subsection. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is
not advisable.
Students are free to refer
to any books/reference material/website/internet for attempting their
assignments but are not allowed to copy the matter as it is from the source of
reference.
Students should write the assignment in their own words. Copying of
assignments from other students is not allowed.
Students should follow the following parameter for answering the
assignment questions.
For Theoretical Answer
|
Assessment Parameter |
Weightage |
|
Introduction |
20% |
|
Concepts
and Application |
60% |
|
related to the question |
|
|
Conclusion |
20% |
|
|
|
For Numerical Answer
|
Assessment Parameter |
Weightage |
|
Understanding
and usage |
20% |
|
of the formula |
|
|
Procedure /
Steps |
60% |
|
|
|
|
Correct
Answer & |
20% |
|
Interpretation |
|
1.
There are different types of
business analytics procedures that can be performed based on the problem
statement. Assume you’re working for a private commercial bank in India.
Provide 3 different use cases that can be used at your organization
where you could take advantage of the different types of business analytics
procedures and create or add value to the organization you work for. Mention
briefly about how those different types of business
analytics could be used for each of the use cases. (10 Marks)
Dear students, get fully solved assignments by
professionals
Do send your query at :
or call us at :08263069601
NMIMS Global Access
School for Continuing
Education (NGA-SCE)
Course: Fundamentals of Big Data & Business Analytics
Internal Assignment
Applicable for December 2022 Examination
2.
An established health insurance
company in India is planning to launch an IPO to raise funds for expansion into
other markets nationally and internationally where they have low to nil market
share. But potential investors are concerned about the rising cases of
fraudulent claims in the health insurance industry and the companies’ inability
to identify fraud and reduce the amount pay-outs.
The firm consults and gives you the information they have about the
agents, hospitals, offices, employees, past claims, diseases, costs, customers,
policies etc., all are in different data systems currently. They don’t have
historical data on identified fraudulent claims.
How do you approach this problem holistically using both big data and
business analytics concepts? Explain the big data component for storage and
processing, and analytics component of approaching this use case and what would
you do in each of them. Goal is to help company identify and narrow down the
fraudulent claims.
Suggest other ways in which they can use the data available with them
and that in public domain to prove to potential investors that the growth
potential and the vision of the company is strong and in right direction.
(10 Marks)
3. WHO (World Health Organization)
has declared monkey pox as a new health emergency, which is wreaking havoc in
many countries. Assuming the Indian government is preparing for another covid
lockdown like situation, executives at D-Mart Stores decided that the situation
offered a great opportunity for one of their newest data-driven weapons,
something that the company calls predictive technology. A week ahead of the
lockdown announcement, Mr Damani, D-Mart’s head, pressed his staff to come up
with forecasts based on what had happened when covid struck in 2020.
a.
Which type of analytics will be best suited to
solve this problem and which technique will
you apply in this case? Explain the data needed to
solve this problem. (5 Marks)
NMIMS Global Access
School for Continuing
Education (NGA-SCE)
Course: Fundamentals of Big Data & Business Analytics
Internal Assignment
Applicable for December 2022 Examination
b.
Explain the difference between BI
and BA as to how can they help optimize supply chain in this case? Illustrate
the possible outcome achieved in each case (BI vs. BA) and how they enable
business objectives. You can make certain assumptions but highlight them
clearly.
(5 Marks)
Dear students, get fully solved assignments
by professionals
Do send your query at :
or call us at :08263069601
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