Wpc 300 exam Study guides, Class notes & Summaries

WPC 300 Exam 1 Questions With Solutions

Anchoring bias - ANSWER Over-reliant on the first piece of information is called Gamblers' fallacy is ____________. - ANSWER a clustering illusion Which of the following is an example of secondary data? - ANSWER Firm's proprietary data In an agile approach of analytics what is the first step of the process? - ANSWER perform business discovery Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts to identify the decis...

WPC 300 MIDTERMACTUAL EXAM 2024 QUESTIONS AND VERIFIED ANSWERS (GUARANTEED A+)

WPC 300 FINAL ACTUAL EXAM 2024 QUESTIONS AND VERIFIED ANSWERS GUARANTEED A+

WPC 300 EXAM/50 COMPLETE QUESTIONS WITH ANSWERS 2024

WPC 300 Exam 1 Questions & Answers 2023/2024 Anchoring bias - ANSWER-Over-reliant on the first piece of information is called Gamblers' fallacy is ____________. - ANSWER-a clustering illusion Which of the following is an example of secondary data? - ANSWER-Firm's proprietary data In an agile approach of analytics what is the first step of the process? - ANSWER-perform business discovery Predictive analytics may be applied to __________, which is a set of techniques that use de...

WPC 300 EXAM QUESTIONS & ANSWERS 2023/2024 what is analytics? - ANSWER--Analytics is the process of developing actionable decisions or recommendations for actions based on insights generated from historical data -According to the Institute for Operations Research and Management Science (INFORMS) -Analytics represents the combination of computer technology, management science techniques, and statistics to solve real problems. Agile Approach * - ANSWER-perform business discovery- what is...

what makes analytics science correct answer: Analytics is science because Data analytics means Applying scientific methods to the collections and analyses of data, using appropriate methodology, to reveal previously-unknown information and this process is science. characteristics of science correct answer: Questioning, exploring, observing, comparing, measuring, experimenting, discovering Science correct answer: The intellectual and practical activity encompassing the systematic study o...

WPC 300 Exam Questions & Answers 2023/2024 which of the following propostiton describes an existing theory or belief in a population - ANSWER-null hypothesis if the confidence level is 98%, what is the margin of error in your statistical test - ANSWER-2% the one-sample z-statistics is used instead of the one-sample t-statistics when - ANSWER-when sigma is known sample of size 25 are selected from a population with mean 40 and standard deviation 5. the mean of the sample mean distri...