Data analytics diagnostic - Study guides, Class notes & Summaries

Descriptive Analytics Correct Answer-to gain insight from historical data with reporting, scorecards, clustering, etc. "What Happened?" Predictive Analytics Correct Answer-a variety of techniques from statistics, modeling, machine learning, and data mining that analyze current and historical facts to make predictions about future, or otherwise unknown, events. "What might happen in the future?" Prescriptive Analytics Correct Answer-automatically synthesizes big data, multiple disciplin...

Which type of stakeholder mapping technique would best be used for managing change and communication? - Direction of influence. This technique groups stakeholders by their direction of influence, and can be particularly helpful for managing change and communications What do vertical lines on a Gantt chart represent? - The limits of the allowable movement of floating tasks What is common law? - laws created by the courts, rules negligence Pathways to Data Analytics - Planning, Wrangling, Mo...

WGU - Introduction to Analytics D491 Exam Questions With 100% Verified Answers What is data analytics? - The process of analyzing data to extract insights - The process of encrypting data to keep it secure - The process of storing data in a secure location for future use - The process of collecting data from various sources - answerThe process of analyzing data to extract insights What is data science? - The practice of using statistical methods to extract insights from data - A field ...

WPC 300 Final Written Exam 2024/2025 (questions and answers) In an agile approach of analytics, what is the first step of the process? Perform data discovery Perform business discovery Score and deploy Model data - CORRECT ANSWER-Perform business discovery In an ETL process, data is loaded into a final target database such as: Operational dashboard Public database Social media database Data warehouse - CORRECT ANSWER-Data warehouse What are the four types of data analytical metho...

WPC 300 QUIZZES TOGETHER LATEST UPDATE GRADED A+ 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 _______________ Endowment effect bias Sunk-cost fallacy Zero risk bias Availability heuristics bias Sunk-cost fallacy ________ refers to a bias that causes an individual to...

WGU - Introduction to Analytics D491 Exam Questions With 100% Verified Answers What is data analytics? - The process of analyzing data to extract insights - The process of encrypting data to keep it secure - The process of storing data in a secure location for future use - The process of collecting data from various sources - answerThe process of analyzing data to extract insights What is data science? - The practice of using statistical methods to extract insights from data - A field ...

For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms - Answer- b A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? a. Descriptive Analytics b. Predictive Analytics c. Prescriptive Analytics d. Diagnostic Analyti...

Business Understanding (order) - 1st in Data Analytics Lifecycle Data Acquisition (order) - 2nd in Data Analytics Lifecycle Data Cleaning (order) - 3rd in Data Analytics Lifecycle Data Exploration (order) - 4th in Data Analytics Lifecycle Predictive Modeling (order) - 5th in Data Analytics Lifecycle Data Mining/Machine Learning (order) - 6th in Data Analytics Lifecycle Reporting and Visualization (order) - 7th in Data Analytics Lifecycle Business Understanding - - Also known...

1. For companies to attract and retain their best customers they need a com- plete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms ANS : b 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? a. Descriptive Analytics b. Predictive Analytics c. Prescriptive Analytics d. Diagnostic Analytics A...

WGU - Introduction to Analytics D491 Exam Questions With 100% Verified Answers What is data analytics? - The process of analyzing data to extract insights - The process of encrypting data to keep it secure - The process of storing data in a secure location for future use - The process of collecting data from various sources - answerThe process of analyzing data to extract insights What is data science? - The practice of using statistical methods to extract insights from data - A field ...