Wpc 300 final Study guides, Class notes & Summaries
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WPC 300 Final Exam Questions & Answers 2023/2024
- Exam (elaborations) • 67 pages • 2023
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WPC 300 Final Exam Questions & Answers 2023/2024 
 
 
For a normal distribution mean is _______ to median. 
-not equal 
-greater than 
-equal 
-less than - ANSWER-equal 
 
Which of the following describes a positively skewed histogram? 
-a histogram with large kurtosis 
-a histogram for which mean and mode values are the same. 
-a histogram that tails off towards the right 
-a histogram that has no fluctuation in mass - ANSWER--a histogram that tails off towards the right 
 
Which of the followi...
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WPC 300 FINAL EXAM WITH CORRECT 90+ QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 ALREADY GRADED A+
- Exam (elaborations) • 37 pages • 2024
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WPC 300 FINAL EXAM WITH CORRECT 90+ QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 ALREADY GRADED A+
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WPC 300 Final Exam Review (2024) || Questions & Answers (Graded A+)
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WPC 300 Final Exam Review (2024) || Questions & Answers (Graded A+) 
WPC 300 Final Exam Review (2024) || Questions & Answers (Graded A+) 
 
What does R^2=0.694 mean? - ANSWER - Means that the regression model explains 69.4% of the observed variation of the response data around its mean 
 
Logistic Regression - ANSWER - used to describe data and to explain the relationship between one dependent binary variable and one or more nominal, ordinal, interval, or ratio-level independent variable 
 
Bi...
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WPC 300 Final Written Exam 2024/2025 (questions and answers)
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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...
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WPC 300 Final Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 26 pages • 2024
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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 other than the problem at hand (ex: firm's 
proprietary data, internet data, stock/capital market data) 
stimulated data 
: data based on assumption and simulation 
importance of data visualization ...
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WPC 300 Final Exam Review (2023/24) || All Questions & 100% Accurate Solutions
- Exam (elaborations) • 9 pages • 2024
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WPC 300 Final Exam Review (2023/24) || All Questions & 100% Accurate Solutions 
WPC 300 Final Exam Review (2023/24) || All Questions & 100% Accurate Solutions 
 
An _________will actually do classification, regression, clustering, or association - ANSWER - Algorithm 
 
Supervised Learning - ANSWER - Learn with a labeled dataset • "Correct answer" is provided so there is an output variable • Data will be separated into training dataset and test dataset (or validation dataset) 
 
Unsupervis...
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WPC 300 Final Exam 2024/2025 latest questions and answers
- Exam (elaborations) • 9 pages • 2024
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WPC 300 Final Exam 2024/2025 latest 
questions and answers 
perform business discovery - CORRECT ANSWER-In an agile approach of analytics 
what is the first step of the process? 
data warehouse - CORRECT ANSWER-In an ETL process, data is loaded into a final 
target database such as: 
prescriptive analytics - CORRECT ANSWER-Which of the following data analysis 
models use optimization techniques? 
Prescriptive Analytics - CORRECT ANSWER-Predictive analytics may be applied to 
__________, whi...
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WPC 300 Final Exam Practice questions and answers 2024/2025 latest
- Exam (elaborations) • 9 pages • 2024
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WPC 300 Final Exam Practice questions 
and answers 2024/2025 latest 
In an agile approach of analytics what is the first step of the process? - CORRECT 
ANSWER-Perform business discovery 
In an ETL process, data is loaded into a final target database such as: - CORRECT 
ANSWER-Data warehouse 
What are the four types of data analytical method? - CORRECT ANSWER-Descriptive, 
explanatory, predictive and prescriptive 
Which of the following is an example of secondary data? - CORRECT ANSWER-Firm...
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WPC 300 final Questions and answers 2024/2025
- Exam (elaborations) • 12 pages • 2024
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WPC 300 final Questions and answers 
2024/2025 
QUIZ ONE - CORRECT ANSWERGamblers' fallacy is ______________ 
Framing effect bias 
A Zero risk bias 
A clustering illusion 
An endowment effect bias - CORRECT ANSWER-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 - CORRECT ANSWER-Sunk-cost fallacy 
______...
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WPC 300 Final Exam Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 19 pages • 2024
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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 
Predictive analytics may be applied to __________, which is a set of techniques that 
use descriptive data and forecasts to identify the decisions most likely to result in the 
best performance. 
: Presc...
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