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  MSM6323 Week-4 Session 4 - Knowledge Assessment    1.What term refers to the “wiggle room” in the supply and demand curve? Elasticity 2.From a marketing perspective, pricing should be about the ______. Customer 3.Since we read from left to right, when we see a price, we process the number of dollars before the number of cents. This is why so many prices end in which of the following numbers? 99 4.Which of the following is the idea that the price (on the sticker) is much higher than the referent? Sticker shock  5.Which of the following formulas defines profit? [(Price – Variable Costs) × Demand] – (Fixed costs) 6.(Price – Variable costs) is also called ______. contribution per unit to fixed costs  7.Which of the following is true about the price-sensitive segment? They are deal prone. 8.If  E  = 1, demand is said to be ______. Unitary 9.To what does FIFO refer? First-in, first-out 10.Based on this figure, i...

  Session 3 - Python Lab 2 1) The long and the wide As part of a data scientist job interview, you need to answer some technical questions. One of the challenges is to show the differences between long and wide data formats. In this exercise, you will classify a list of different characteristics, saying if they describe a DataFrame in wide format or a DataFrame in long format. Select the descriptions that are most appropriate for the different data formats: wide format, or long format. 2) Flipping players Congratulations! You got the data scientist job! In your first project, you will work with the fifa_players dataset. It contains data of the players included in the last version of the video game. Before you start to do any analysis, you need to clean and format your dataset. As a first step, you need to explore your dataset and reshape it using basic steps, such as setting different indices, filtering columns and flipping the DataF...