Aakraya Research Interview Questions and Answers

Demand estimation for low-priced 2 bedroom flats

• Conduct market research to identify demand for low-priced 2 bedroom flats

• Analyze the income levels and affordability of the target market

• Consider the location and amenities offered by the flats

• Compare the demand for low-priced flats with that of higher-priced ones

• Assess the competition in the market

• Use statistical models to estimate demand based on various factors

I would change the lack of accessibility, sustainability, and preservation in Indian architecture.

• Improve accessibility for people with disabilities and elderly individuals

• Incorporate sustainable design practices to reduce environmental impact

• Preserve historic buildings and cultural landmarks to maintain India's rich architectural heritage

Consulting offers the opportunity to work on diverse projects, solve complex problems, and continuously learn and grow.

• Exposure to different industries and business models

• Opportunity to work with talented and experienced professionals

• Ability to make a significant impact on clients' businesses

• Continuous learning and development through challenging projects

• Flexibility to work on projects that align with personal interest

To improve profitability of a cable based service provider in a DTH dominated market, focus on customer experience, content offerings, and pricing strategies.

• Invest in improving customer experience through better service and support

• Offer unique and exclusive content to attract and retain customers

• Implement competitive pricing strategies to stay relevant in the market

• Partner with local cable operators to expand reach an...read more

Autocorrelation is the correlation of a signal with a delayed copy of itself.

• Autocorrelation is used to identify patterns in time series data.

• It is a measure of how similar a signal is to a delayed version of itself.

• Autocorrelation can be positive, negative, or zero.

• It is commonly used in signal processing, finance, and econometrics.

• Autocorrelation can be visualized using a correlogram.

Heteroscedasticity is a statistical term that refers to the unequal variance of a variable across different levels of another variable.

• It is a violation of the assumption of homoscedasticity in regression analysis.

• It can lead to biased and inefficient estimates of regression coefficients.

• It can be detected through residual plots or statistical tests such as the Breusch-Pagan test.

• Examples include income and expenditure...read more

Data analysis is affected by various factors that can influence the accuracy and reliability of the results.

• Data quality: The accuracy, completeness, and consistency of the data can impact the analysis.

• Data sources: The reliability and relevance of the data sources used for analysis can affect the outcomes.

• Data preprocessing: The way data is cleaned, transformed, and prepared for analysis can impact the results.

• Data in...read more