WPC 300 Final Exam (Darcy) (with 100% correct solutions)

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 answers Perform business discovery In an ETL process, data is loaded into a final target database such as: Operational dashboard Public database Social media database Data warehouse correct answers Data warehouse What are the four types of data analytical method? Descriptive, explanatory, predictive and prescriptive Critical, analytical, predictive and explanatory Descriptive, logical, predictive and prescriptive Descriptive, analytical, predictive and prescriptive correct answers Descriptive, explanatory, predictive and prescriptive Which of the following is an example of secondary data? Simulated data Survey data Interview data Firm's proprietary data correct answers Firm's proprietary data Which of the following data analysis models use optimization techniques? Prescriptive analytics Predictive analytics Descriptive analytics Diagnostic analytics correct answers Prescriptive analytics Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts to identify the decisions most likely to result in the best performance. Prescriptive analytics Descriptive analytics Explanatory analytics Forecast analytics correct answers Prescriptive analytics