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WPC 300 Exams Pack Questions & Correct Answers | Latest Update |Already Graded A+
WPC 300 Exams Pack Questions & Correct Answers | Latest Update |Already Graded A+
[Show more]WPC 300 Exams Pack Questions & Correct Answers | Latest Update |Already Graded A+
[Show more]Which of the following is a Type-II error? 
: The research hypothesis is actually true, and the test incorrectly fails to reject the 
null hypothesis 
In order to reject the null hypothesis, the p-value must be less than the 
: Alpha 
When sample size increases 
: confidence interval decrease
Preview 1 out of 2 pages
Add to cartWhich of the following is a Type-II error? 
: The research hypothesis is actually true, and the test incorrectly fails to reject the 
null hypothesis 
In order to reject the null hypothesis, the p-value must be less than the 
: Alpha 
When sample size increases 
: confidence interval decrease
Section A 
Instructions: 
Use the following data file for this section 
Section A-Data [Dataset # 1]Preview the document 
Remember the honor code. 
This section is worth a total of 37.5 points. 
In addition to responding to multiple-choice questions, you need to submit an updated 
data file with y...
Preview 3 out of 16 pages
Add to cartSection A 
Instructions: 
Use the following data file for this section 
Section A-Data [Dataset # 1]Preview the document 
Remember the honor code. 
This section is worth a total of 37.5 points. 
In addition to responding to multiple-choice questions, you need to submit an updated 
data file with y...
Which of the following statements is true? 
a - experimentation is a way of analytical thinking 
b - analytical thinking is not based on facts 
c - using intuition is a way of analytical thinking 
d - heuristic thinking is slow 
: a - experimentation is a way of analytical thinking 
__________ refe...
Preview 1 out of 3 pages
Add to cartWhich of the following statements is true? 
a - experimentation is a way of analytical thinking 
b - analytical thinking is not based on facts 
c - using intuition is a way of analytical thinking 
d - heuristic thinking is slow 
: a - experimentation is a way of analytical thinking 
__________ refe...
Heuristic 
: Learns by acting, uses trial and error, values experiences, relies on common 
sense, seeks satisfying solutions 
Analytic 
: Learns by analyzing, uses step by step procedure, values quantitative and 
models, builds mathematical models, seeks optimal solution 
Data extraction 
: Extrac...
Preview 2 out of 14 pages
Add to cartHeuristic 
: Learns by acting, uses trial and error, values experiences, relies on common 
sense, seeks satisfying solutions 
Analytic 
: Learns by analyzing, uses step by step procedure, values quantitative and 
models, builds mathematical models, seeks optimal solution 
Data extraction 
: Extrac...
In an agile approach of analytics what is the first step of the process? 
: perform business discovery 
In an ETL process, data is loaded into a final target database such as: 
: data warehouse 
Which of the following data analysis models use optimization techniques? 
: prescriptive analytics 
Predi...
Preview 3 out of 19 pages
Add to cartIn an agile approach of analytics what is the first step of the process? 
: perform business discovery 
In an ETL process, data is loaded into a final target database such as: 
: data warehouse 
Which of the following data analysis models use optimization techniques? 
: prescriptive analytics 
Predi...
Which of the problem statements require "analytical" skill to solve? 
P1. Do I want to be a business analyst? 
P2. Do I cross the street when the traffic light is red? 
A: P1 
B: P2 
C: P1 & P2 
D: None 
: A. P1 
This involves careful thinking of the past activities and assessment of how well you ...
Preview 2 out of 14 pages
Add to cartWhich of the problem statements require "analytical" skill to solve? 
P1. Do I want to be a business analyst? 
P2. Do I cross the street when the traffic light is red? 
A: P1 
B: P2 
C: P1 & P2 
D: None 
: A. P1 
This involves careful thinking of the past activities and assessment of how well you ...
VLOOKUP 
: cell we want to look up information for, table with information we want to pull (use 
absolute reference), column with the corresponding information (number of column ex. 
A=1), true/false 
**For range of numbers, they need to be in ascending order (first cell lowest value in 
lowest r...
Preview 2 out of 6 pages
Add to cartVLOOKUP 
: cell we want to look up information for, table with information we want to pull (use 
absolute reference), column with the corresponding information (number of column ex. 
A=1), true/false 
**For range of numbers, they need to be in ascending order (first cell lowest value in 
lowest r...
QUIZ ONE 
Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias 
: A clustering illusion 
When you keep eating the food you don't like precisely because you already bought the 
food, you are committing _______________ 
Endowmen...
Preview 3 out of 25 pages
Add to cartQUIZ ONE 
Gamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias 
: A clustering illusion 
When you keep eating the food you don't like precisely because you already bought the 
food, you are committing _______________ 
Endowmen...
analytics 
: the process of developing actionable decisions or recommendations for actions 
based upon insights generated from historical data 
primary data 
: data collected specifically for the research problem at hand (ex: survey, 
interviews) 
secondary data 
: data collected for some purpose ...
Preview 3 out of 26 pages
Add to cartanalytics 
: the process of developing actionable decisions or recommendations for actions 
based upon insights generated from historical data 
primary data 
: data collected specifically for the research problem at hand (ex: survey, 
interviews) 
secondary data 
: data collected for some purpose ...
You ask five times why your computer broke. What problem-solving technique are you 
using to solve this problem? 
: 5 Whys 
What is the difference between VLOOKUP and HLOOKUP 
: Hlookup works exactly like vlookup except that the data in the lookup table is 
organized in rows instead of columns 
Wh...
Preview 2 out of 9 pages
Add to cartYou ask five times why your computer broke. What problem-solving technique are you 
using to solve this problem? 
: 5 Whys 
What is the difference between VLOOKUP and HLOOKUP 
: Hlookup works exactly like vlookup except that the data in the lookup table is 
organized in rows instead of columns 
Wh...
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