MIS 2502 Final Exam Questions And Answers.docx

MIS 2502 Final Exam Questions And
Answers
Name the three advanced data analytics techniques in alphabetical
order -
correct answer ✅association, clustering, decision trees


Which advanced data analytic technique determines which items
predict the occurrence of other items? -
correct answer ✅association


Which advanced data analytic technique is also known as affinity
analysis or market basket analysis? -
correct answer ✅association


Which advanced data analytic technique groups data so that
observations within a group will be similar to one another and
observations from different groups will be dissimilar? -
correct answer ✅clustering


What statistical method is used to determine what category (or
"class") a new observation belongs to? -
correct answer ✅classification

, MIS 2502 Final Exam Questions And
Answers
Which advanced data analytic technique uses categorical outcome
variables? -
correct answer ✅decision trees


Which advanced data analytic technique uses a model to determine
the membership of cases or values of an outcome variable based
on one or more predictor variables? -
correct answer ✅decision trees


Which advanced data analytic technique uses a model to determine
the probability of an event happening based on predictor variable
values -
correct answer ✅decision trees


Which advanced data analytic technique would you use for these
four examples?


- Flagging a credit card transaction as a fraudulent charge
- Can we group our website visitors into types based on their online
behaviors?
- Which presidential candidate will win the election?