Data analytics diagnostic - Study guides, Class notes & Summaries

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...

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...

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...

____________ ____________ answers the question: "Why did it happen? Diagnostic analytics ____________ ____________ answers the question: "What happened? Descriptive analytics ____________ ____________ answers the question: "What is likely to happen?" Predictive analytics ____________ ____________ answers the question: "What should be done?" Prescriptive analytics (a) A university publishes its graduation rate on its website. The graduation rate is 5% lower ...

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.

Skills Measured - Prepare the Data (20-25%) Model the Data (20-30%) Visualize the Data (20-25%) Analyze the Data (10-15%) Deploy and Maintain Deliverables (10-15%) Core components of analytics - Descriptive Diagnostic Predictive Prescriptive Cognitive Descriptive Analytics - Help answer questions about what has happened based on historical data. Descriptive analytics techniques summarize large datasets to describe outcomes to stakeholders.

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 FW 300 Comprehensive Exam 3 || Questions & Answers (Rated A+) WPC FW 300 Comprehensive Exam 3 || Questions & Answers (Rated A+) 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. a. Explanatory analytics b. Prescriptive analytics c. Forecast analytics d. Descriptive analytics - ANSWER - Prescriptive Analytics Which of the following is an ex...

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...