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Fia Interview Questions and Answers
Ques:- Why is online marketing preferred over offline marketing?
Right Answer:
Online marketing is preferred over offline marketing because it offers a broader reach, lower costs, better targeting, real-time analytics, and the ability to engage with customers directly through various digital channels.
Ques:- Why is interest on loan not included in cost sheet ?
Right Answer:
Interest on loan is not included in the cost sheet because it is considered a financial cost rather than a production cost. The cost sheet focuses on direct and indirect costs related to manufacturing and operating expenses, while interest is related to financing activities.
Ques:- Given Data for doing different formats like pivot, and matching the data for another data
Right Answer:
To analyze data for different formats like pivot tables and matching datasets, you should:

1. **Identify Key Variables**: Determine the key fields that will be used for matching and pivoting.
2. **Clean the Data**: Ensure that the data is free from duplicates, errors, and inconsistencies.
3. **Use Pivot Tables**: Create pivot tables to summarize and analyze the data by aggregating values based on categories.
4. **Match Data**: Use functions like VLOOKUP or JOIN operations in SQL to match data from different sources based on the identified key variables.
5. **Validate Results**: Check the accuracy of the matched data and the pivot table outputs to ensure they meet business requirements.
Ques:- What are the fields used for Project Planning in Ms Project?
Right Answer:
The fields used for Project Planning in MS Project include:

1. Task Name
2. Duration
3. Start Date
4. Finish Date
5. Predecessors
6. Resources
7. Percent Complete
8. Work
9. Cost
10. Milestones
Ques:- How to depict dependency in Ms Project?
Right Answer:
To depict dependency in MS Project, you can link tasks by selecting the tasks you want to connect, then clicking on the "Link Tasks" button in the toolbar or using the shortcut Ctrl + F2. This creates a finish-to-start dependency by default. You can also adjust the type of dependency (finish-to-start, start-to-start, finish-to-finish, or start-to-finish) by double-clicking on the task and modifying the "Predecessors" tab.
Ques:- What are some common data analysis tools and software
Right Answer:
Some common data analysis tools and software include:

1. Microsoft Excel
2. R
3. Python (with libraries like Pandas and NumPy)
4. SQL
5. Tableau
6. Power BI
7. SAS
8. SPSS
9. Google Analytics
10. Apache Spark
Ques:- What is exploratory data analysis (EDA)
Right Answer:
Exploratory Data Analysis (EDA) is the process of analyzing and summarizing datasets to understand their main characteristics, often using visual methods. It helps identify patterns, trends, and anomalies in the data before applying formal modeling techniques.
Ques:- What is clustering in data analysis and how is it different from classification
Right Answer:
Clustering in data analysis is the process of grouping similar data points together based on their characteristics, without prior labels. It is an unsupervised learning technique. In contrast, classification involves assigning predefined labels to data points based on their features, using a supervised learning approach.
Ques:- What is a hypothesis and how do you test it
Right Answer:
A hypothesis is a specific, testable prediction about the relationship between two or more variables. To test a hypothesis, you can use the following steps:

1. **Formulate the Hypothesis**: Clearly define the null hypothesis (no effect or relationship) and the alternative hypothesis (there is an effect or relationship).
2. **Collect Data**: Gather relevant data through experiments, surveys, or observational studies.
3. **Analyze Data**: Use statistical methods to analyze the data and determine if there is enough evidence to reject the null hypothesis.
4. **Draw Conclusions**: Based on the analysis, conclude whether the hypothesis is supported or not, and report the findings.
Ques:- What is regression analysis and when is it used
Right Answer:
Regression analysis is a statistical method used to examine the relationship between one dependent variable and one or more independent variables. It is used to predict outcomes, identify trends, and understand the strength of relationships in data.
Ques:- Present ages of X and Y are in the ratio 5:6 respectively. Seven years hence this ratio will become 6:7 respectively. What is X’s present age in years?
Right Answer:
X's present age is 35 years.
Comments
shivangi sharma Aug 14, 2022

the ratio of present age of x:y is 5:6
And,we have to find the present age of x.
so,the present age of X is definitely will be multiple of 5.
X=35
so,35 is the answer.

Ques:- Rajan borrowed Rs.4000 at 5% p.a compound interest. After 2 years, he repaid Rs.2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?
Right Answer:
The total amount that Rajan paid as interest is Rs. 1710.
Comments
Karan Chavan Mar 13, 2022

Ans 635.5
4000
1 year 5 % 200 rs int
Total 4200
2 year 5 % 210 ra int
Total 4410
4410-2210 = 2200
1 year 5% 110
Total 2310
2 year 5 % 115.5 rs int
Total 2425.5
Total interest paid
200 +210+ 110+115.5. = 635.5

Kulwinder Nov 9, 2021

Bro 2000 ka 5% 110 kese aya

DK BOSS Jul 16, 2021

answer is 635.50
Explanation:

4000

200 ---- I

200

10 ---- II

---------------

4410

2210

--------

2000

110 ---- III

110

5.50 ---- IV

-----------

2425.50

2210

-----------

4635.50

4000

----------

635.50

Ques:- A person walks 4 km towards west, then turns to his right to travel 9 km. He turns towards east and travels 12 km. Finally, he travels 3 km towards south. How far is he from the initial position (in km) ?
Right Answer:
The person is 5 km away from the initial position.
Comments
Pratyusha Sep 2, 2021

Answer is 10km

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