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Exam (elaborations)

Predictive Analytics Ch. 8 And Chap 9 Test Questions and Correct Answers.
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March 2026

2025/2026

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What is the job of the data scientist? - Answer To isolate the important patterns in a mass of data so that a firm can take actions to their benefit. What does data mining refer to? - Answer The tools and techniques that are used in the large scale, or big data, arena. Volume, velocity, variety, and value are all characteristics of _____. - Answer big data What is the definition of the first big data characteristic of volume? - Answer The size of the data set. ...
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Exam (elaborations)

MIS372 - Predictive Analytics Questions and Answers.
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March 2026

2025/2026

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Data mining - Answer - Finding/extracting patterns in data - Understanding previously unknown patterns - Combines statistics, machine learning and computing Data mining enablers - Answer - Large volumes of data - Different dimensions of data - Complex questions that require more than just traditional statistical analysis Data mining types - Answer 1. Descriptive modelling 2. Predictive analysis Descriptive modelling and example - Answer - Historical data -...
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Exam (elaborations)

MIS 373 PRED ANALYTCS & DATA MINING QUESTIONS AND ANSWERS.
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March 2026

2025/2026

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What is a model? - Answer -A concise description of a pattern (relationship) that exists in data -Also referred to as a theory - A general pattern induced from data Classification trees - Answer - Easy to understand the relationships in the data captured by the model - Computationally fast to induce from data - Constructed by recursively partitioning the examples in the data Nodes - Answer Each "non-terminal" node represents a test on an attribute Leaves - An...
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Exam (elaborations)

FUNDAMENTALS OF PREDICTIVE ANALYTICS LATEST EXAM AND ALL CORRECT ANSWERS 2026 UPDATED.
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March 2026

2025/2026

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Predictive Analytics - Answer A bright light bulb powered by your data Predictive Analytics - Answer Ability to look into possibility / situation to choose the best decision Predictive Analytics - Answer the process of refining that data resource, using business knowledge to extract hidden value from those newly discovered patterns. Predictive Analytics - Answer an approach to business data that uses the techniques, tools, and algorithms of three disciplines - da...
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Exam (elaborations)

Exam predictive analytics SOA Questions and Answers.
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March 2026

2025/2026

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Data - Answer Facts and statistics collected together for reference or analysis Generalized linear model (GLM) - Answer a statistical technique that increases the flexibility of a linear model by linking it with a nonlinear function principle component analysis - Answer A type of factor analysis used to identify the most independent variables and their relative strength/position. Factor Variable vs keeping it numeric - Answer If the different "categories" h...
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Exam (elaborations)

Data Mining Final Exam Review Questions and Already Passed Answers.
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March 2026

2025/2026

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Differentiate between classification and other predictive techniques - Answer Classification is a type of predictive modeling technique used to classify or categorize data into predefined classes or categories based on certain features or attributes. It is a supervised learning technique where a model is trained on labeled data to make predictions on new, unseen data. Other predictive techniques include regression, clustering, and association rule mining. Regression is used to predict a...
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Exam (elaborations)

Data Mining Concepts Questions and All Correct Answers.
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March 2026

2025/2026

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What is the meaning of Business Analytics? - Answer - Practice/Art of bringing quantitative data to bear on decision making. - Includes BI (Business Intelligence) AND other sophisticated models in order to quantify/explain relationships between measurements and predicting new records. How is data mining related to terms such as predictive analytics, predictive modeling, and machine learning related? - Answer - Predictive Analytics: Form of advanced analytics. Uses both new/histor...
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Exam (elaborations)

Data Analytics Exam Questions with Guaranteed Pass Solutions 2025-2026 Updated.
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March 2026

2025/2026

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Chapter 1 - Answer Chapter 1 List three of the terms that have been predecessors of analytics. - Answer 1. Routine Reporting 2. Decision support Systems 3. Business Intelligence Define BI. - Answer A conceptual framework for managerial decision support, Combines architecture, data-bases analytical tools, and applications. List and describe the 4 major components of BI - Answer 1. DW- source data 2. Business analytics- collection of tools for manipulating...
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Exam (elaborations)

Predictive Analytics Review Exam and All Correct Answers 2025-2026 Updated.
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March 2026

2025/2026

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What is data mining? - Answer - Finding or extracting patterns in data - Concerned with meaningful previously unknown patterns - Combines statistics, machine learning and computing - It is motivated by: i. Large volumes of data ii. Different type/dimensions of data iii. Complex questions that require more than traditional statistical analyses What is Descriptive Modelling? - Answer -Focus on historical data only and summarises what has happened. -Developing reports,...
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Exam (elaborations)

Predictive Analytics Exam 1 Questions and All Correct Answers 2025-2026 Updated.
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March 2026

2025/2026

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Which of the following is NOT included when using "summary ()" on a dataset? a. Mean b. Median c. Mode d. 1st Quartile e. 3rd Quartile - Answer c. Mode What is the difference between head() and [1:6,] - Answer These are two ways of getting the same output. True or False. Predictive Analytics, as opposed to Statistics, is involved with macro-decisioning when dealing with data-driven problems. - Answer False What would the function [1:3, 10] return?...
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