Exam (elaborations)
Data analytics exam 1 with 100- correct answers (latest update).
- Course
- Institution
Data analytics exam 1 with 100- correct answers (latest update).
[Show more]
Content preview
Data analytics exam 1 with100% correct answers (latest
update)
Which of the following is NOT one of the fundamental concepts/principles
mentioned in Chapter 1 of our textbook?
A. Data science involves the judicious integration of human knowledge
and computerbased techniques to achieve what neither of them could
achieve alone.
B. From a large mass of data, information technology can be used to find
informative descriptive attributes of entities of interest.
C. If you look too hard at a set of data, you will find something—but it
might not generalize beyond the data you're looking at.
D. Extracting useful knowledge from data to solve business problems can
be treated systematically by following a process with reasonably well-
defined stages. - answer A
The assigned article summarizes multiple perspectives of analytics,
indicating that Analytics is not simply a buzzword, but is _______. Choose all
that apply.
A. A Collection of Specific Activities
B. A Collection of Practices & Technologies
C. A Transformation Process
D. A Capability Set
E. A Decision Paradigm
F. A Movement
G. A Fashion
H. A Hype - answer A, B, C, D, E, F
In the Business Analytics Framework (BAF), which of the following
perspectives may be considered as an umbrella concept which covers a
combination of definitions in other five perspectives?
, A. A collection of practices and technologies
B. A movement
C. A capability set
D. A Transformation process
E. A decisional paradigm - answer E
ABC company found that its profit decreased by 30% in 2019. As a starting
point, its CEO assigned an analytics team to investigate why this situation
occurred and then report the results to the next executive meeting. What
type of analytics is the team going to conduct in this case?
A. Prescriptive analytics
B. Predictive analytics
C. Diagnostic analytics
D. Descriptive analytics - answer Diagnostic Analysis
Which of the following is NOT integrated into the episode of evidence-
based problem findings & solving?
A. Processors
B.Mission
C. Evidence
D. Processes - answer B
Generally, which of the following types of analytics is the most difficult to
conduct?
A. Diagnostic analytics
B. Predictive analytics
C. Descriptive analytics
D. Prescriptive analytics - answer Predictive Analysis
Chapter 13 of our textbook mentions that the firm's management must
think data-analytically. Based on this criterion, which of the following
statements is NOT true?
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 or Stuvia-credit 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 GUARANTEEDSUCCESS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now