ARC Analyst

ARC Analyst Interview Questions and Answers

Updated 19 Sep 2015

Q1. If one set of bat and ball together cost Rs.110 , the bat costs Rs. 100 more than the ball , how much does the ball cost? Ans. Rs.5

Ans.

The ball costs Rs.5.

Let's assume the cost of the ball as x.
According to the given information, the cost of the bat is Rs.100 more than the ball, so it would be x + 100.
The total cost of the bat and ball together is Rs.110, so we can set up the equation x + (x + 100) = 110.
Simplifying the equation, we get 2x + 100 = 110.
Subtracting 100 from both sides, we have 2x = 10.
Dividing both sides by 2, we find x = 5.
Therefore, the ball costs Rs.5.

Q2. Given 3 days to calculate the number of Paan and Beedi shops in Mumbai, what will be your approach? No need to arrive at a number

Ans.

To calculate the number of Paan and Beedi shops in Mumbai in 3 days, I would use a combination of data collection methods and statistical estimation.

Collect data from government records, trade associations, and local authorities
Conduct surveys and interviews with shop owners and residents
Utilize satellite imagery and mapping technology to identify and count shops
Apply statistical sampling techniques to estimate the total number of shops
Validate the results through cross-refer...read more

Q3. What is the difference between market research and marketing research?

Ans.

Market research focuses on the overall market and its trends, while marketing research focuses on specific marketing strategies and tactics.

Market research is broader in scope and looks at the overall market, including customer behavior, market size, and competition.
Marketing research is more specific and focuses on gathering data and insights to support marketing strategies and tactics.
Market research helps in identifying market opportunities and potential target segments.
Ma...read more

Q4. What are the different types of researches? Explain in detail each one of them

Ans.

There are various types of research, including descriptive, exploratory, experimental, and correlational research.

Descriptive research aims to describe and analyze a phenomenon or population.
Exploratory research is conducted to gain insights and understanding of a topic.
Experimental research involves manipulating variables to determine cause and effect relationships.
Correlational research examines the relationship between variables without manipulating them.
Other types of res...read more

Are these interview questions helpful?

Q5. What are the extended 3 Ps' of marketing and why were they made ?

Ans.

The extended 3 Ps of marketing are People, Process, and Physical Evidence. They were made to address the unique challenges of service-based industries.

People: Refers to the employees and customers involved in the service delivery process. It emphasizes the importance of customer service and employee training.
Process: Focuses on the procedures and systems used to deliver the service. It aims to ensure efficiency, consistency, and quality in service delivery.
Physical Evidence: ...read more

Q6. What is a random sampling error?

Ans.

Random sampling error refers to the discrepancy between the characteristics of a sample and the characteristics of the population it represents.

Random sampling error occurs when the sample selected for a study does not accurately represent the entire population.
It is a result of chance variations in the selection of the sample.
Random sampling error can lead to biased or inaccurate results.
For example, if a survey about voting preferences is conducted by randomly selecting par...read more

Share interview questions and help millions of jobseekers 🌟

Q7. What are the sampling techniques?

Ans.

Sampling techniques are methods used to select a subset of individuals or items from a larger population for research or analysis.

Random sampling: Each member of the population has an equal chance of being selected.
Stratified sampling: Dividing the population into subgroups and selecting samples from each subgroup.
Cluster sampling: Dividing the population into clusters and randomly selecting entire clusters for sampling.
Systematic sampling: Selecting every nth individual from...read more