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WPC 300 - Final Exam Review 2024/2025 latest

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WPC 300 - Final Exam Review 2024/2025 latest Heuristics - CORRECT ANSWER-Experience, intuition, rules of thumb, think fast. Analytics - CORRECT ANSWER-• Observe what has worked • Experimentation • Collect data and analyze data • Find patterns • Boundary and Generalizability • Think slow 20% - CORRECT ANSWER-___ of our energy intake goes to the brain. Since slow thinking is expensive, the body is programmed to avoid it. statistical algorithm - CORRECT ANSWER-Our brains do contain a _____________________, it is not very accurate. It does not understand the normal distribution. Data Analytics Process - CORRECT ANSWER-1. Identify the main problem and questions 2. Obtain and collect data 3. Prepare the data, Explore the data, ETL 4. Identify Analytics and Techniques/model (Descriptive, Explanatory, Predictive, Prescriptive) 5. Perform Analyses 6. Interpret findings to make conclusion

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