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Business Analytics Exam 1 With Latest Verified Solutions 2024
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Business Analytics Exam 1 With Latest Verified Solutions 2024
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Business Analytics Exam 1 With LatestVerified Solutions 2024
The .collection .and .analysis .of .data .sets .so .large .and .complex .that .traditional .methods
.typically .brought .to .bear .on .the .problem .would .be .overwhelmed .- .correct .answer.Big .data
The .process .of .using .statistical .analysis .and .modeling .to .drive .business .decisions .-
.correct .answer.Business .analytics
A .case .is .an .individual .about .whom .or .which .we .have .data .- .correct .answer.Case
A .variable .that .means .categories .is .called .categorical .or .qualitative, .weather .with .words
.or .numerals .- .correct .answer.Categorical/qualitative .variable
The .context .ideally .tells .who .was .measured, .what .was .measured, .how .the .data .was
.collected, .where .the .data .were .collected, .and .when .and .why .the .study .was .performed .-
.correct .answer.Context
Data .taken .from .situations .that .very .overtime .but .measured .at .a .single .time .instant .is .said
.to .be .a .cross-section .of .the .time .series .- .correct .answer.Cross-sectional .data
Recorded .values .weather .numbers .are .labels, .together .with .their .context .- .correct
.answer.Data
The .process .of .using .a .variety .of .statistical .tools .to .analyze .large .data .bases .or .data
.where .houses .- .correct .answer.Data .mining
And .arrangement .of .data .in .which .each .row .represents .a .case .and .each .column
.represents .a .variable .- .correct .answer.Data .table
A .large .database .of .information .collected .by .a .company .or .other .organization .usually .to
.record .transactions .that .the .organization .makes, .but .also .used .for .analysis .via .data
.mining .- .correct .answer.Data .warehouse
An .individual .in .a .study .for .which .or .for .whom .data .values .are .recorded. .Human
.experimental .units .are .usually .called .subjects .or .participants .- .correct
.answer.Experimental .unit
, A .categorical .variable .that .records .and .unique .value .for .each .case, .used .to .name .or
.identify .it .- .correct .answer.Identifier .variable
Auxiliary .information .about .variables .in .a .database, .typically .including .how, .when, .and
.where, .and .possibly .why, .the .data .were .collected; .who .each .case .represents; .and .the
.definition .of .all .variables .- .correct .answer.Meta-data
The .term .nominal .can .be .applied .to .a .variable .whose .values .are .used .only .to .name
.categories .- .correct .answer.Nominal .variable
The .term .ordinal .can .be .applied .to .a .variable .whose .categorical .values .possess .some
.kind .of .order .- .correct .answer.Ordinal .variable
A .human .experimental .unit, .also .called .a .subject .- .correct .answer.Participant
A .variable .in .which .the .numbers .are .values .of .measured .quantities .with .units .- .correct
.answer.Quantitative .variable
Information .about .an .individual .in .a .database .- .correct .answer.Record
A .relational .database .stores .and .retrieves .information, .within .the .database .information .is
.kept .in .data .tables .that .can .be .related .to .each .other .- .correct .answer.Relational .database
Someone .who .answers .or .responds .to .a .survey .- .correct .answer.Respondent
A .spreadsheet .is .a .layout .design .for .accounting .that .is .often .used .to .store .and .manage
.data .tables, .and .example .is .excel .- .correct .answer.Spreadsheet
A .human .experimental .unit, .also .called .a .participant .- .correct .answer.Subject
Data .measured .over .time, .usually .the .time .intervals .are .equally .spaced .or .regularly
.spaced .- .correct .answer.Time .series
Data .collected .to .record .the .individual .transactions .of .a .company .or .organization .- .correct
.answer.Transactional .data
A .quantity .or .amount .adopted .as .a .standard .of .measurement .such .as .dollars, .hours, .or
.grams .- .correct .answer.Units
A .variable .hold .information .about .the .same .characteristic .for .many .cases .- .correct
.answer.Variable
In .a .statistical .display, .each .data .value .is .represented .by .the .same .amount .of .area .-
.correct .answer.Area .principle
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