Decimal Point Analytics Research Associate Interview Questions and Answers

Topic-market estimation of tire sales
time - 1 hr
free to use any resources

Q1. Market estimation related questions. expectations from the role and company
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Q1. How many sports shoes sold in Pune?
Ans. 
I don't have the available data to answer this question.
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Q2. How many street lights are there in Pune?
Ans. 
The exact number of street lights in Pune is not available.
• There is no official data available on the exact number of street lights in Pune.

• The number of street lights may vary depending on the area and population density.

• The Pune Municipal Corporation is responsible for the maintenance of street lights in the city.

• The number of street lights may have increased over the years due to urbanization and population growth.
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Q1. How to calculate global market size
Ans. 
Global market size can be calculated by multiplying the total number of units sold by the average selling price.
• Determine the total number of units sold in the global market

• Calculate the average selling price of the product or service

• Multiply the total number of units sold by the average selling price to get the global market size
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Q2. What are the different approaches of market estimation
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Different approaches of market estimation include top-down approach, bottom-up approach, and primary research.
• Top-down approach involves starting with the total market size and then estimating the potential market share for a product or service.

• Bottom-up approach involves estimating the market size by aggregating individual sales data or customer surveys.

• Primary research involves directly collecting data from potential...read more
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Q1. Basic primary and secondary research questions
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Q2. Types of secondary research
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Types of secondary research include literature reviews, case studies, surveys, and data analysis.
• Literature reviews involve analyzing existing research and publications on a topic.

• Case studies examine specific instances or examples to draw conclusions.

• Surveys gather data from a sample population to analyze trends or opinions.

• Data analysis involves examining existing data sets to draw insights or conclusions.
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Q1. Tell me about yourself
Ans. 
I am a research analyst with a background in data analysis and market research.
• Experienced in conducting quantitative and qualitative research

• Proficient in data analysis tools such as SPSS and Excel

• Skilled in creating reports and presentations for stakeholders

• Strong analytical and critical thinking skills

• Previous projects include market trend analysis and consumer behavior studies
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Q2. Why do you think this role is fit for you?
Ans. 
I have a strong background in research and data analysis, with a passion for uncovering insights and trends.
• I have a degree in statistics and experience in conducting research projects.

• I am proficient in using statistical software such as SPSS and R for data analysis.

• I have a keen eye for detail and can effectively communicate complex findings to stakeholders.

• I enjoy working in a fast-paced environment and thrive on so...read more
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Q3. Can you do a guesttimation of the number of chairs in Pune?
Ans. 
It is impossible to accurately estimate the number of chairs in Pune without specific data.
• The number of chairs in Pune would depend on various factors such as population, number of households, businesses, etc.

• Without specific data on the number of establishments, households, and public spaces in Pune, it is impossible to accurately estimate the number of chairs.

• One would need to conduct a comprehensive survey or study...read more
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Q4. What are the assumptions used?
Ans. 
Assumptions used in research analysis
• Assumption that the data collected is accurate and reliable

• Assumption that the sample size is representative of the population

• Assumption that the variables being studied are related

• Assumption that there are no confounding variables affecting the results
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Q5. What is your notice period?
Ans. 
My notice period is currently one month.
• Notice period is one month

• I am required to give one month's notice before leaving my current position

• I can start a new role after serving my notice period
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Q1. Questions regarding past projects
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Q1. Basic questions regarding past projects
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Q1. What is research analyst role
Ans. 
A research analyst role involves collecting, analyzing, and interpreting data to provide insights and recommendations for decision-making.
• Conducting research to gather data from various sources

• Analyzing data using statistical techniques and software

• Interpreting findings to generate insights and recommendations

• Presenting research findings to stakeholders

• Monitoring industry trends and developments
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Q2. What is M&A how to analyse
Ans. 
M&A stands for mergers and acquisitions. It involves the consolidation of companies through various financial transactions.
• M&A is a strategic decision made by companies to combine resources, reduce competition, or enter new markets.

• Analysis of M&A deals involves evaluating the financial health of the companies involved, potential synergies, regulatory approvals, and cultural fit.

• Financial metrics such as EB...read more
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