In an agile approach of analytics what is the first step of the process? - Answer-Perform business discovery
In an ETL process, data is loaded into a final target database such as: - Answer-Data warehouse
What are the four types of data analytical method? - Answer-Descriptive, explanatory, pr...
WPC 300 Module 2 Exam Questions and
Answers
In an agile approach of analytics what is the first step of the process? - Answer-Perform
business discovery
In an ETL process, data is loaded into a final target database such as: - Answer-Data
warehouse
What are the four types of data analytical method? - Answer-Descriptive, explanatory,
predictive, and prescriptive
Which of the following is an example of secondary data? - Answer-Firm's proprietary
data
Which of the following data analysis models use optimization techniques? - Answer-
Predictive analytics
Predictive analytics may be applied to ___, which is a set of techniques that use
descriptive data and forecasts to identify the decisions most likely in the best
performance - Answer-Prescriptive analytics
Target is examining their online sales data during the pandemic to understand what
happened. What kind of analytical technique are they using? - Answer-Descriptive
analytics
Costco wants to know how to stock their warehouses for a future pandemic and are
using current sales data to help them project the needs. What kind of analytical
technique are they using? - Answer-Predictive analytics
Your professor is considering purchasing a self-driving car that can figure out the best
route and the optimum safe way to drive there without human intervention. What kind of
analytics is the car using to do this? - Answer-Prescriptive analytics
Which of the following question(s) can better be answered using data in order to reach
an evidence-based conclusion? - Answer--how many students will enroll for an online
class in the Spring?
-who will win the NBA championship?
-what is the purchase pattern(s) of our customers?
Analytics - Answer-the process of developing actionable decisions or recommendations
for actions based upon insights generated from historical data
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