CLEMSON MGT 3500 TEST
1CORRECT 100%
Key words Ch. 1+2 - ANSWERData Driven Decision Making (DDD)
Big Data: Volume, Velocity, Variety
Regression
Classification
Clustering
Supervised Method
Unsupervised Method
Algorithms - ANSWERAdvanced data that comes from machine learning, pattern
recognition, and
applied statistics have become mature enough for mainstream use.
Computing Power - ANSWER- Processing power has been doubling every 1.5 years
(Moore's law).
- Laptops are more powerful than the supercomputers of yesteryear.
All four of these are essential for effective, successful data mining - ANSWER1.
Storage
2. Networking
3. Algorithms
4. Computing Power
Storage - ANSWER-Disk densities have been doubling each year.
- A $100 disk today has 1,000,000x more capacity/$ than the disks of 30 years ago.
Networking - ANSWER-Data can be transferred easily between collection, storage,
and use.
- eBusiness systems do it as a matter of course (w/ fewer data errors).
Data-driven decision making - ANSWERThe practice of basing decisions on the
analysis of data, rather than purely on intuition
Data science - ANSWERPrinciples, processes, and techniques for understanding
phenomena via the automated analysis of data for improving decision making
Data Mining or Analytics - ANSWERThe techniques used in Data Science
Big Data - ANSWERData sets that are too large for traditional data processing
systems (usually do not fit into RAM memory), and therefore require new processing
technologies
1CORRECT 100%
Key words Ch. 1+2 - ANSWERData Driven Decision Making (DDD)
Big Data: Volume, Velocity, Variety
Regression
Classification
Clustering
Supervised Method
Unsupervised Method
Algorithms - ANSWERAdvanced data that comes from machine learning, pattern
recognition, and
applied statistics have become mature enough for mainstream use.
Computing Power - ANSWER- Processing power has been doubling every 1.5 years
(Moore's law).
- Laptops are more powerful than the supercomputers of yesteryear.
All four of these are essential for effective, successful data mining - ANSWER1.
Storage
2. Networking
3. Algorithms
4. Computing Power
Storage - ANSWER-Disk densities have been doubling each year.
- A $100 disk today has 1,000,000x more capacity/$ than the disks of 30 years ago.
Networking - ANSWER-Data can be transferred easily between collection, storage,
and use.
- eBusiness systems do it as a matter of course (w/ fewer data errors).
Data-driven decision making - ANSWERThe practice of basing decisions on the
analysis of data, rather than purely on intuition
Data science - ANSWERPrinciples, processes, and techniques for understanding
phenomena via the automated analysis of data for improving decision making
Data Mining or Analytics - ANSWERThe techniques used in Data Science
Big Data - ANSWERData sets that are too large for traditional data processing
systems (usually do not fit into RAM memory), and therefore require new processing
technologies
