Dear students, get fully solved assignments by professionals
Do send your query at :
help.mbaassignments@gmail.com
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
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 :
help.mbaassignments@gmail.com
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 :
help.mbaassignments@gmail.com
or call us at :08263069601