ASU WPC 300 TESTS COMPILATION BUNDLE

perform business discovery correct answer: In an agile approach of analytics what is the first step of the process? data warehouse correct answer: In an ETL process, data is loaded into a final target database such as: prescriptive analytics correct answer: Which of the following data analy...

Which of the following describes the standard deviation? correct answer: It is the square root of the variance. When two variables are highly positively correlated, the correlation coefficient will be _______. correct answer: close to 1 According to statistical notation, what does ∑ stand ...

In an agile approach of analytics, what is the first step of the process? Perform data discovery Perform business discovery Score and deploy Model data correct answer: Perform business discovery In an ETL process, data is loaded into a final target database such as: Operational dash...

In an agile approach of analytics what is the first step of the process? correct answer: Perform business discovery In an ETL process, data is loaded into a final target database such as: correct answer: Data warehouse What are the four types of data analytical method? correct answer: Descr...

Data Variable Categories correct answer: Qualitative and Quantitative Qualitative correct answer: Is descriptive and conceptual and cannot be measured Quantitative correct answer: Can be counted, measured, and expressed using numbers Quantitative Data Variables correct answer: Numerical...

Explanatory Statistics correct answer: Name this statistic... EX: "Does the email campaign work? Does smoking cause cancer? Does fake news spread faster than authentic news? ** A is causing B Predictive Statistics correct answer: Name this statistic... EX: "Predict the NFL/NBA championship? W...

Which of the following is NOT a principle of problem facing correct answer: routinize the procedure finding patterns in data in an example of _____ modeling correct answer: explanatory (patterns and features) Which of the following analytic techniques can be used to find out "which month h...

Heuristic correct answer: Learns by acting Uses trial and error Values experience, effort reduction Relies on common sense Seeks satisficing solution Fast and frugal May lead to decision biases! analytics correct answer: developing actionable decisions or rec for action based on i...

For a normal distribution mean is _______ to median. -not equal -greater than -equal -less than correct answer: equal Which of the following describes a positively skewed histogram? -a histogram with large kurtosis -a histogram for which mean and mode values are the same. -a histogram tha...

In an agile approach of analytics what is the first step of the process correct answer: Perform Business Discovery In an ETL process, data is loaded into a final target database such as correct answer: Data Warehouse 4 types of Data Analytical method correct answer: Descriptive, Explanatory...

what makes analytics science correct answer: Analytics is science because Data analytics means Applying scientific methods to the collections and analyses of data, using appropriate methodology, to reveal previously-unknown information and this process is science. characteristics of science corr...

WPC 300 Final| 136 Questions| With Complete Solutions Extract, Transform, and Load (ETL) correct answer: Allows you to convert various data formats and types to adhere to one consistent system and migrate data into data warehouse a predefined process for accessing and manipulating the source ...

Anchoring bias correct answer: Over-reliant on the first piece of information is called Gamblers' fallacy is ____________. correct answer: a clustering illusion Which of the following is an example of secondary data? correct answer: Firm's proprietary data In an agile approach of analy...

Heuristics correct answer: • Experience • Intuition • Rules of thumb • Think fast Analytics correct answer: the process of developing actionable decisions or recommendations for actions based on insights generated from historical data • Observe what has worked • Experimentati...