Wpc 300 final - Study guides, Class notes & Summaries

WPC 300 FINAL EXAM LATEST 2024/2025 ACTUAL QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)100% GUARANTEED TO PASS!|ALREADY GRADED A+

WPC 300 Final Latest Update Graded A+ 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 ...

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

WPC 300 Final Exam Questions and Answers 100% Pass 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 mo...

WPC 300 Final Exam Questions and Answers

WPC 300 Final Exam (2024) || All Questions & Answers (Graded A+) WPC 300 Final Exam (2024) || All Questions & Answers (Graded A+) Which of the following describes a positively skewed histogram? a histogram for which mean and mode values are the same. a histogram that has no fluctuation in mass a histogram with large kurtosis a histogram that tails off towards the right - ANSWER - a histogram that tails off towards the right When two variables are highly positively correlated, the c...

wpc 300 final Study Guide Exam latest 2024/2025 Principles of Problem Framing - CORRECT ANSWER-Tell, find and routinize Tell an interesting and complete story - CORRECT ANSWER-The problem you address should be meaningful Solution could be reused for related problems Assumptions, boundaries Find an appropriate solution framework - CORRECT ANSWER-Break down the problem into pieces Iterative process (agile vs waterfall) Identify appropriate analytical/modeling techniques Routinize the...

WPC 300 FINAL EXAM 2024/2025 TEST BANK WITH 100+ PRACTICE QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS) WPC 300 FINAL EXAM 2024 (LATEST) Target is examining their online sales data during the pandemic to understand what happened. Which kind of analytical technique are they using? - ANSWERDescriptive analytics Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs. Which kind of analytical...

WPC 300 FINAL EXAM WITH COMPLETE SOLUTIONS GRADED A+ Typical sampling mistake - Answer- -Unrepresentative sample -Biased respondents -Low response rate (non-response bias) or lower sample size -Biased questions Online Survey - Answer- Polls are completed only by visitors to the site -Those with an interest in the website's mission are the only ones who will participate Non-response - Answer- -Some individuals are less likely to respond to a survey, e.g., want their opinion abou...

WPC 300 FINAL EXAM (2023/24) || Questions & Answers (Graded A+) WPC 300 FINAL EXAM (2023/24) || Questions & Answers (Graded A+) What is the confidence interval when the level of significance is 0.07? - ANSWER - 0.930 The WPC Sports Company has noted that the size of individual "customer order" is normally distributed with a mean of $100 and standard deviation of $12. If a soccer team of 16 players were to make the next batch of orders, what would be the standard error of the mean? - AN...