Questions with 100% Correct
Answers | Latest Update
In an agile approach of analytics what is the first step of the process? -
🧠ANSWER ✔✔Perform business discovery
In an ETL process, data is loaded into a final target database such as: -
🧠ANSWER ✔✔Data warehouse
What are the four types of data analytical method? - 🧠ANSWER
✔✔Descriptive, explanatory, predictive and prescriptive
,Which of the following is an example of secondary data? - 🧠ANSWER
✔✔Firm's proprietary data
Which of the following data analysis models use optimization techniques? -
🧠ANSWER ✔✔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. - 🧠ANSWER ✔✔Prescriptive
analytics
Target is examining their online sales data during the pandemic to
understand what happened. Which kind of analytical technique are they
using? - 🧠ANSWER ✔✔Descriptive 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 technique are they using? - 🧠ANSWER ✔✔Predictive
analytics
Your professor is considering purchasing a self-driving car that can figure
out the best route and the optimum safe way to drive there without human
, intervention. What kind of analytics is the car using to do this? - 🧠ANSWER
✔✔Prescriptive analytics
Which of the following question(s) can be better answered using data in
order to reach an evidence-based conclusion? - 🧠ANSWER ✔✔All of the
answer selections are correct.
Deleting the grid lines in a chart - 🧠ANSWER ✔✔Increases the data-ink
ratio
When the lie-factor of a graphical chart is more than 1, - 🧠ANSWER ✔✔the
size of the effect shown in the graph is bigger than the actual effect in the
data.
Which are useful principles for data visualization? - 🧠ANSWER ✔✔The
graph suggests a possible true effect
Which of the following statement(s) about charts is false? - 🧠ANSWER
✔✔None of the other answers are false
In order for a chart to have graphical integrity, the lie factor must be: -
🧠ANSWER ✔✔close to 1
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