BCOR 2205 STUDY TEST QUESTIONS AND ANSWERS 100% CORRECT
1 view 0 purchase
Module
BCOR 2205
Institution
BCOR 2205
BCOR 2205 STUDY TEST QUESTIONS AND ANSWERS 100% CORRECT
What are predictive analytics? - Answer-uses techniques that extract information from data and use it to predict future trends and identify behavioral patterns
what uses techniques that extract information from data and use it to pr...
BCOR 2205 STUDY TEST QUESTIONS
AND ANSWERS 100% CORRECT
What are predictive analytics? - Answer-uses techniques that extract information from
data and use it to predict future trends and identify behavioral patterns
what uses techniques that extract information from data and use it to predict future
trends and identify behavioral patterns - Answer-predictive analytics
what are prescriptive analytics? - Answer-use techniques that create models indicating
the best decision to make or course of action to take
what uses use techniques that create models indicating the best decision to make or
course of action to take - Answer-prescriptive analytics
What is data mining? - Answer-the process of analyzing data to extract information not
offered by the raw data alone
what is the process of analyzing data to extract information not offered by the raw data
alone - Answer-data mining
what is data profiling - Answer-the process of collecting statistics and information about
data in an existing source
what is the process of collecting statistics and information about data in an existing
source - Answer-data profiling
what is data replication? - Answer-the process of sharing information to ensure
consistency between multiple data sources
what is the process of sharing information to ensure consistency between multiple data
sources - Answer-data replication
what is a recommendation engine? - Answer-a data-mining algorithm that analyzes a
customer's purchases and actions on a website and then uses the data to recommend
complementary products
, what is a data-mining algorithm that analyzes a customer's purchases and actions on a
website and then uses the data to recommend complementary products - Answer-
recommendation engine
what is estimation analysis? - Answer-determines values for an unknown continuous
variable behavior or estimated future value
what determines values for an unknown continuous variable behavior or estimated
future value - Answer-estimation analysis
what is affinity group analysis? - Answer-reveals the relationship between variables
along with nature and frequency of relationships
what reveals the relationship between variables along with nature and frequency of
relationships - Answer-affinity group analysis
what is cluster analysis - Answer-a technique used to divide an information set into
mutually exclusive groups such that the members of each group are as close together
as possible to one another and the different groups are as far apart as possible
what is a technique used to divide an information set into mutually exclusive groups
such that the members of each group are as close together as possible to one another
and the different groups are as far apart as possible - Answer-cluster analysis
what is classification analysis - Answer-the process of organizing data into categories or
groups for its most effective and efficient use
what is the process of organizing data into categories or groups for its most effective
and efficient use - Answer-classification analysis
which types of analysis are used as analyzing tools? - Answer-estimation, affinity
grouping, cluster, and classification
what data mining analysis models are used for predictions? - Answer-optimization,
forecasting, and regression models
what is an optimization model? - Answer-process that finds ways to design decisions as
effective as possible
what process that finds ways to design decisions as effective as possible - Answer-
optimization model
what is a forecasting model? - Answer-predictions based on time-series information
what are predictions based on time-series information - Answer-forecasting model
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £10.96. You're not tied to anything after your purchase.
