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Exam (elaborations)

WPC 300 Final Exam Questions and Answers

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WPC 300 Final Exam Questions and Answers

Institution
WPC 300
Course
WPC 300

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WPC 300 Final Exam Questions and
Answers



heuristic ii- iiAnswers ii-learns iiby iiacting, iiuses iitrial iiand iierror, iivalues iiexperience, iirelies
iion iicommon iisense, iiseeks iisatisfying iisolution


analytics ii- iiAnswers ii-the iiprocess iiof iideveloping iiactionable iidecisions iior
iirecommendations iifor iiactions iibased iion iiinsights iigenerated iifrom iihistorical iidata


analytic ii- iiAnswers ii-learns iiby iianalyzing, iiuses iistep iiby iistep iiprocedure, iivalues
iiquantitative iiinformation iiand iimodels, iibuilds iimathematical iimodels iiand iialgorithms,
iiseeks iioptimal iisolution


descriptive iianalytics ii- iiAnswers ii-preliminary iistage iiof iidata iiprocessing iithat iicreates iia
iisummary iiof iihistorical iidata iito iiyield iiuseful iiinformation iiand iipossibly iiprepare iithe
iidata iifor iifurther iianalysis; iiwhat iihappened? iiwhat iiis iihappening? iistandard iireporting,
iidashboards, iivisual iianalytics, iiwell iidefined iibusiness iiproblems iiand iiopportunities


explanatory iianalytics ii- iiAnswers ii-looking iiinto iithe iipast iiand iidetermining iiwhy iia
iicertain iithing iihappened; iiwhy iidid iiit iihappen? iihow iidid iiit iihappen? iiinferential
iistatistics, iivisual iianalytics, iidiscover/understand iicasual iirelationships iiof iian iioutcome


predictive iianalytics ii- iiAnswers ii-use iiof iidata, iistatistical iialgorithms iiand iimachine
iilearning iitechniques iito iiidentify iithe iilikelihood iiof iifuture iioutcomes iibased iion
iihistorical iidata; iiwhat iiwill iihappen? iiwhy iiwill iiit iihappen? iidata iimining, iitext iimining,
iiforecasting, iiaccurate iiprojections iiof iifuture iioutcomes iiand iievents


prescriptive iianalytics ii- iiAnswers ii-answers iithe iiquestions iiof iiwhat iito iido iiby iiproviding
iiinformation iion iioptimal iidecisions iibased iion iithe iipredicted iifuture iiscenarios; iiwhat
iishould iibe iidone iiabout iiit? iiwhy iishould iiyou iido iiit? iioptimization, iisimulation, iiexpert
iisystems, iibest iipossible iibusiness iidecision iiand iioutcome


data iivisualization ii- iiAnswers ii-graphical iirepresentation iiof iiinformation iiand iidata

data iivisualization iiprinciple iione ii- iiAnswers ii-chart iishould iiminimize iigraphical
iicomplexity; iidepictions iishould iienable iimeaningful iicomparison; iichart iishould iiyield
iiinsight iibeyond iithe iitext


data iivisualization iiprinciple iitwo ii- iiAnswers ii-chart iishould iihave iigraphical iiintegrity
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