BANA 2372 - Hollander - Final Exam - Chapters 1-9 - All Exam Questions and Answers

BANA 2372 - Hollander - Final Exam - Chapters 1-9 - All Exam Questions and Answers-____ analytics is the set of analytical techniques that yield a course of action. - Prescriptive _____ analytics consists of analytical techniques that use models constructed from past data to predict the future or to assess the impact of one variable on another. - predictive _____ analytics encompasses the set of analytical techniques that describe what has happened in the past. - descriptive _____ can be used to determine the percentage of data values that must be within one, two, and three standard deviations of the mean for data having a bell-shaped distribution. - The empirical rule _____ can be used to make statements about the proportion of data values that must be within a specified number of standard deviations of the mean, regardless of the shape of the distribution. - Chebyshev's theorem _____ is the process of using procedures from statistics and computer science to extract useful information from extremely large databases. - data mining A __________ can be used to graphically present quantitative data. - histogram and a stem-and-leaf display A __________ is a graphical representation in which the sample space is represented by a rectangle and events are represented as circles. - Venn diagram A (discrete) sample space, denoted S, is a list of all possible outcomes Oi of an experiment. It is denoted as - S = {