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WPC 300 Final Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

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In an agile approach of analytics what is the first step of the process? -:- Perform business discovery In an ETL process, data is loaded into a final target database such as: -:- Data warehouse What are the four types of data analytical method? -:- Descriptive, explanatory, predictive and prescriptive Which of the following is an example of secondary data? -:- Firm's proprietary data Which of the following data analysis models use optimization techniques? -:- Prescriptive analytics 2 0 2 4 / 2 0 2 5 | © copyright | This work may not be copied for profit gain | Excel! 2 | P a g e | G r a d e A + | 2 0 2 4 / 2 0 2 5 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 Target is examining their online sales data during the pandemic to understand what happened. Which kind of analytical technique are they using? -:- Descriptive analytics Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs. Which kind of analytical technique are they using? -:- Predictive analytics Your professor is considering purchasing a self-driving car that can figure out the best route and the optimum safe way to drive there without human intervention. What kind of analytics is the car using to do this? -:- Prescriptive analytics Which of the following question(s) can be better answered using data in order to reach an evidence-based conclusion? 2 0 2 4 / 2 0 2 5 | © copyright | This work may not be copied for profit gain | Excel! 3 | P a g e | G r a d e A + | 2 0 2 4 / 2 0 2 5 -:- All of the answer selections are correct. Deleting the grid lines in a chart -:- Increases the data-ink ratio When the lie-factor of a graphical chart is more than 1, -:- the size of the effect shown in the graph is bigger than the actual effect in the data. Which are useful principles for data visualization? -:- The graph suggests a possible true effec

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Institución
WPC 300
Grado
WPC 300

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Subido en
4 de septiembre de 2024
Número de páginas
22
Escrito en
2024/2025
Tipo
Examen
Contiene
Preguntas y respuestas

Temas

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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!



WPC 300 Final Exam Questions & 100%
Correct Answers- Latest Test | Graded A+ |
Passed
In an agile approach of analytics what is the first step of the process?


✓ -:- Perform business discovery




In an ETL process, data is loaded into a final target database such as:


✓ -:- Data warehouse




What are the four types of data analytical method?


✓ -:- Descriptive, explanatory, predictive and prescriptive




Which of the following is an example of secondary data?


✓ -:- Firm's proprietary data




Which of the following data analysis models use optimization techniques?


✓ -:- Prescriptive analytics




1|Page | Grade A+| 2024/2025

,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

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




Target is examining their online sales data during the pandemic to understand what

happened. Which kind of analytical technique are they using?


✓ -:- Descriptive analytics




Costco wants to know how to stock their warehouses for a future pandemic and are using

current sales data to help them project the needs. Which kind of analytical technique are

they using?


✓ -:- Predictive analytics




Your professor is considering purchasing a self-driving car that can figure out the best route

and the optimum safe way to drive there without human intervention. What kind of

analytics is the car using to do this?


✓ -:- Prescriptive analytics




Which of the following question(s) can be better answered using data in order to reach an

evidence-based conclusion?


2|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- All of the answer selections are correct.




Deleting the grid lines in a chart


✓ -:- Increases the data-ink ratio




When the lie-factor of a graphical chart is more than 1,


✓ -:- the size of the effect shown in the graph is bigger than the actual effect in the

data.




Which are useful principles for data visualization?


✓ -:- The graph suggests a possible true effect




Which of the following statement(s) about charts is false?


✓ -:- None of the other answers are false




In order for a chart to have graphical integrity, the lie factor must be:


✓ -:- close to 1




What best describes the nature of a rose diagram?




3|Page | Grade A+| 2024/2025

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