Question
The utility function of X is such that X likes to
consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 liter of water is Rs.18. What is the maximum utility of X given that her income is Rs.200Solution
U (W, L) = min (2w, L) At Utility maximizing Level 2W = L = U P(lemon) = 1 P(water) = 18 BL: 1(L) + 18(W) = 200 2W + 18W = 200 W = 10 Therefore, L = 2(10) = 20 U = min {2W, L} = 20
Which of the following best defines the concept of the "Internet of Things" (IoT)?
In a data warehouse, a fact table typically contains:
In a data warehouse, which type of table stores quantitative data for analysis?
Which process ensures data in a data warehouse is consistent and clean?
A Fact Constellation Schema is also called:
In a snowflake schema of a data warehouse, which of the following consequences is most likely as a result of normalization of dimension tables?
What does "drill-down" operation in OLAP do?
Which of the following is a key process in ETL?
Which of the following is a real-time data warehouse application?
What is the primary function of ETL in a data warehouse environment?
