Data analytics diagnostic - Study guides, Class notes & Summaries

What are the divisions of the core components of analytics? - - To analyze data, core components of analytics are divided into the following categories: -Descriptive -Diagnostic -Predictive -Prescriptive -Cognitive What are descriptive analytics? - - Descriptive analytics help answer questions about what has happened based on historical data. Descriptive analytics techniques summarize large datasets to describe outcomes to stakeholders. What are examples of descriptive analytics? - ...

Business Analytics Exam 1 Questions and Answers Already Graded A Which type of analytics focuses on understanding historical data? a) Predictive analytics b) Prescriptive analytics c) Descriptive analytics d) Diagnostic analytics What is the first step in the business analytics process? a) Building predictive models b) Cleaning data c) Defining the problem or objective d) Visualizing the data What is the main objective of predictive analytics? a) To summarize past data b) T...

Data Analytics Questions and Answers Already Passed Which type of data analytics focuses on predicting future trends based on historical data? a) Predictive analytics b) Descriptive analytics c) Prescriptive analytics d) Diagnostic analytics What is a common tool used in data analytics for statistical analysis and visualization? a) Microsoft Word b) PowerPoint c) Microsoft Excel d) Adobe Photoshop Which of the following best describes descriptive analytics? a) Analyzing data...

Accounting Data Analytics Questions and Answers 100% Pass What is the main goal of accounting data analytics? To analyze financial data and derive insights that aid in decision-making and improve financial performance What is a common tool used in accounting data analytics? Microsoft Excel What is the purpose of financial ratio analysis in accounting data analytics? To evaluate the financial health of a company by comparing key financial metrics What is the role of predicti...

What are the divisions of the core components of analytics? To analyze data, core components of analytics are divided into the following categories: -Descriptive -Diagnostic -Predictive -Prescriptive -Cognitive What are descriptive analytics? Descriptive analytics help answer questions about what has happened based on historical data. Descriptive analytics techniques summarize large datasets to describe outcomes to stakeholders. What are examples of descriptive analytics? ...

What are prescriptive analytics? - ️️Prescriptive analytics help answer questions about which actions should be taken to achieve a goal or target. By using insights from predictive analytics, organizations can make data-driven decisions. This technique allows businesses to make informed decisions in the face of uncertainty What are cognitive analytics? - ️️Cognitive analytics attempt to draw inferences from existing data and patterns, derive conclusions based on existing knowledge b...

Power BI DA EXAM 2024 -100: Analyzing Data with Microsoft Power BI. What are the divisions of the core components of analytics? correct answer- To analyze data, core components of analytics are divided into the following categories: -Descriptive -Diagnostic -Predictive -Prescriptive -Cognitive What are descriptive analytics? correct answer- Descriptive analytics help answer questions about what has happened based on historical data. Descriptive analytics techniques summarize large data...

Power BI DA-100 Exam Questions and Answers 100% Pass What are the divisions of the core components of analytics? - To analyze data, core components of analytics are divided into the following categories: -Descriptive -Diagnostic -Predictive -Prescriptive -Cognitive What are descriptive analytics? - Descriptive analytics help answer questions about what has happened based on historical data. Descriptive analytics techniques summarize large datasets to describe outcomes to stakeholders....

Data Analytics Exam 1 Questions and Answers Latest Version 2024/2025 Graded A+ What is the primary purpose of data visualization? a) To clean and process data b) To store data for future analysis c) To communicate insights from data in a visual format d) To perform statistical analysis Which of the following tools is commonly used for data analysis? a) Adobe Photoshop b) Python c) Microsoft PowerPoint d) Google Docs What is regression analysis primarily used for? a) Predict...

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 ...