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WPC ACTUAL EXAM QUESTIONS WITH REVISED ANSWERS ALL CORRECT

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WPC ACTUAL EXAM QUESTIONS WITH REVISED ANSWERS ALL CORRECT Which of the following analysis methods can best be used to predict sales? - Answer- Regression In regression analysis, the variance that is being predicted is the - Answer- Dependent variable A simple linear regression equation...

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  • October 21, 2024
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WPC ACTUAL EXAM QUESTIONS
WITH REVISED ANSWERS ALL
CORRECT

Which of the following analysis methods can best be used to predict sales? - Answer-
Regression

In regression analysis, the variance that is being predicted is the - Answer- Dependent
variable

A simple linear regression equation can be graphically depicted as a __ - Answer-
Straight line

Based on the JMP output below, in a model to predict "WIN" of an NBA team, which of
the following independent variables is negatively correlated with " WIN"? - Answer-
Turnovers

In a regression model, y = A+ b x, the variable b is the - Answer- Coefficient for the
independent variable x

The relationship between the number of beers consumed (x) and happiness score after
the final exam (y) was studied among 1000 WPC 300 students using the least squares
regression technique. The following regression equation was obtained from this study
Y= 10.43 + 3.2 x
The above equation implies that - Answer- Beer consumed increases a happiness score
by 3.2

Regression modeling describes how - Answer- All of the answer selections are correct

In the aggression equation y = 20 - 34x, the value of 20 represents the ___ and -34
represents the ___of the independent variable - Answer- Intercept, coefficient

And looking at regression results, we can tell if a variable should be included in the final
model by looking at - Answer- The coefficient of determination

And logistic regression, the dependent variable y is defined as - Answer- Log (p/1-p)

The ___ method uses information on all pairs of distances, not merely the minimum or
maximum distances - Answer- Complete linkage

, Which of the following is not true of cluster analysis? - Answer- Cluster analysis is a
technique for analyzing data when the dependent variable is categorical and the
independent variables are continuous in nature

Which of the following is a false statement? - Answer- To predict sales from
transactional data one should perform clustering analysis

___ is a clustering procedure characterized by the development of a dendogram -
Answer- Hierarchical clustering

Which of the following is a definition of distance between two clusters and a single
linkage clustering? - Answer- The distance between the two most distant pair of objects,
one from each other

In the ETL process, data transformation happens in accordance with the ___
established by the organization - Answer- Transformation protocol

According to the following diagram, what is a primary key for the product table - Answer-
Product ID

Cloud computing services can include - Answer- All of the above selections are correct

What is a primary objective of the (relational) data model? - Answer- None of the
answers selections are correct

Which of the following is an on-demand computing service obtained over the internet -
Answer- All of the answers selections are correct

Data can be retrieved from a database using SQL queries that start with ____ keyword -
Answer- Select


Which of the following is not a principle of problem farming - Answer- Routinize the
procedure

Finding patterns in data in an example of ______ modeling - Answer- Predictive

Which of the following analytical techniques can be used to find out which month had
the highest sales year - Answer- Prescriptive

Which of the following analysis can be used to understand a casual relationship -
Answer- Explanatory

The process of analytics can include - Answer- All of the above selections are true

Analytics can be used in the _____ - Answer- All of these answers are correct

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