BADM 7020 Assignment 1 Parts A & B 2026 | Questions &
Complete Solutions- Louisiana State University
Part A
Started on Sunday, March 28, 2026, 8:59 PM
State Finished
Completed on Sunday, March 28, 2026, 9:19 PM
Time taken 19 mins 52 secs
Grade 9.00 out of 10.00 (90%)
Question 1
Correct 1.00 points out of 1.00
Which of the statements is correct.
Select one:
a. The URL can be used to include pictures of the property which is an example of variety of data.
b. Interest rates, employment rates, taxes, school rankings are examples of variety of data.
c. All answers are examples of the 3 V's.
d. Days on market is an example for velocity data because it changes from day to day.
e. The number of properties in the database is an example of volume.
Your answer is correct.
The correct answer is: All answers are examples of the 3 V's.
1/5
, Question 2
Correct 1.00 points out of 1.00
A skewed (non-symmetric) distribution is a distribution in which there is no mirror-imaging about
the mean. For skewed distributions, it is quite common to have one tail of
the distribution considerably longer or drawn out relative to the other tail. A
"skewed right" distribution is one in which the long tail is on the side of larger values.
Which statement is correct about the variable PRICE.
Select one:
a. PRICE has no outliers.
b. PRICE has a distribution that is skewed to the right. Correct!
c. PRICE has a left skewed distribution.
d. PRICE has a symmetrically distributed.
Your answer is correct.
The correct answer is: PRICE has a distribution that is skewed to the right.
Question 3
Incorrect 0.00 points out of 1.00
Which statement is correct?
Select one:
a. ZIP code is of numeric continuous modeling type.
b. The variable LOCATION should be excluded in the data because it has too many values.
c. In the JMP data file the variable BATHS has few outliers.
d. Lat/long are good predictors of PRICE and thus can be used in a Incorrect! Lat/long is property specific and can't
model without additional preparation. be used in prediction without binning.
Your answer is incorrect.
The correct answer is: In the JMP data file the variable BATHS has few outliers.
2/5
Complete Solutions- Louisiana State University
Part A
Started on Sunday, March 28, 2026, 8:59 PM
State Finished
Completed on Sunday, March 28, 2026, 9:19 PM
Time taken 19 mins 52 secs
Grade 9.00 out of 10.00 (90%)
Question 1
Correct 1.00 points out of 1.00
Which of the statements is correct.
Select one:
a. The URL can be used to include pictures of the property which is an example of variety of data.
b. Interest rates, employment rates, taxes, school rankings are examples of variety of data.
c. All answers are examples of the 3 V's.
d. Days on market is an example for velocity data because it changes from day to day.
e. The number of properties in the database is an example of volume.
Your answer is correct.
The correct answer is: All answers are examples of the 3 V's.
1/5
, Question 2
Correct 1.00 points out of 1.00
A skewed (non-symmetric) distribution is a distribution in which there is no mirror-imaging about
the mean. For skewed distributions, it is quite common to have one tail of
the distribution considerably longer or drawn out relative to the other tail. A
"skewed right" distribution is one in which the long tail is on the side of larger values.
Which statement is correct about the variable PRICE.
Select one:
a. PRICE has no outliers.
b. PRICE has a distribution that is skewed to the right. Correct!
c. PRICE has a left skewed distribution.
d. PRICE has a symmetrically distributed.
Your answer is correct.
The correct answer is: PRICE has a distribution that is skewed to the right.
Question 3
Incorrect 0.00 points out of 1.00
Which statement is correct?
Select one:
a. ZIP code is of numeric continuous modeling type.
b. The variable LOCATION should be excluded in the data because it has too many values.
c. In the JMP data file the variable BATHS has few outliers.
d. Lat/long are good predictors of PRICE and thus can be used in a Incorrect! Lat/long is property specific and can't
model without additional preparation. be used in prediction without binning.
Your answer is incorrect.
The correct answer is: In the JMP data file the variable BATHS has few outliers.
2/5
