2013 Biz Quiz Competition Rules
- Each team will be composed of three undergraduate students who will be accompanied to Fisher College of Business by an advisor.
- All questions for the team round questions as well as the individual written round questions will be drawn from The Wall Street Journal, Monday through Friday papers only, starting on September 16, 2013 and ending on October 28, 2013.
- Questions will be drawn from the following sections of The Wall Street Journal:
- The front page of the first section (Section A) – including What’s News;
- The front page of Marketplace (Section B);
- The front page of Money and Investing (Section C);
- The front page of Personal Journal (Section D)
- If a story appears in any way and/or begins on one of the pages listed above in Rule 2 and continues onto multiple, inside pages, all portions of that story, including those on inside pages, are subject to questioning. Many stories fit this description, so be sure to read all parts of all stories that appear in any way and/or begin on the front pages of the above-listed sections.
- Each three member team will participate in three team rounds on the first day of the competition, November 2, 2013. These will be “buzzer” rounds. Each of these rounds will have up to 40 questions, and these questions will be open-ended (NOT multiple-choice). Simultaneous rounds will be held in different rooms, and teams will be initially assigned to different rooms.
- Each team will receive a TEAM NUMBER, which will be used for rotation purposes during the first three team rounds. Teams will be rotated for the second and third team rounds so that no two teams will face each other twice during these three rounds. The same questions will be used for each round in each room. For example, the questions asked during Round 1 in Room 1 will be the same as those asked in the other rooms during the first round. The same goes for the second and third rounds.
- The nine highest-scoring teams overall from the three team rounds will compete in the Semifinal Round during the afternoon on the first day of the competition. This will be one round of up to 55 open-ended questions. Teams will be assigned to three different rooms based upon the use of a seeding system, which will be based upon the total scores as of the end of the three team rounds. Again, the same questions will be asked to the teams in all rooms during this round.
- The three highest scoring teams from the Semifinal Round will compete in the Finals on the second day of the competition, November 3, 2013. The Finals will consist of two rounds of up to 45 open-ended questions each. The highest scoring team after the Finals will be the winning team for the Team Round portion of the 2013 Fisher Biz Quiz.
- For all team rounds (the initial three team rounds, the Semifinal Round, and the Finals), the moderator will verbally read each open-ended question. Each student team member will have a buzzer. The team that buzzes first will be given the opportunity to answer the question. If that team answers incorrectly, the other two teams will have a chance to buzz in. Of those two teams, the one that buzzes first will get a chance to answer the question. If the second team answers incorrectly, the third team will be given the opportunity to buzz in. A team must buzz in within 30 seconds after the reading of the question has been finished. All answers must be given within 30 seconds of buzzing in. If the first team to buzz in answers incorrectly, the question will be read again and the remaining two teams will have 30 seconds to buzz in and another 30 seconds to answer the question. If the second team answers incorrectly, the process will be repeated for the third team.
- The process for challenging the judge’s determination regarding the validity of your team’s answer will be described prior to the competition.
- Questions for the team rounds may be drawn from ALL sections and stories included in Rules 1-3.
- There will be three individual written quiz rounds. All student participants will compete for individual prizes and for team prizes. Each of these individual rounds will consist of written multiple-choice quizzes composed of questions from the Marketplace, Money and Investing and the Personal Journal sections. The three highest scoring students when adding the scores of all three individual rounds will win prizes. Scores for team members from each of the participating universities will then be totaled. The highest scoring team will be the winning team for the Written portion of the 2013 Fisher Biz Quiz.
- The final scores from the individual competitions will be released personally and confidentially to each participant through e-mail after the competition is over. Each participant will receive his or her own final score as well as the numerical values of the top, bottom, mean and median scores. REMINDER: Questions for the individual quizzes will be drawn from Sections B, C and D using rules 1-3 above.
- Prizes will be awarded to winners of the Individual Rounds, Semifinal Round, and the Finals of both the Written and Team Rounds through the generosity of the Fisher College of Business, The Ohio State University.