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BCOR 2205 Exam2 QUESTIONS AND CORRECT ANSWERS (VERIFIED AND WELL DETAILED ANSWERS) LATEST UPDATE 2024/2025

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BCOR 2205 Exam2 QUESTIONS AND CORRECT ANSWERS (VERIFIED AND WELL DETAILED ANSWERS) LATEST UPDATE 2024/2025

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BCOR 2205 Exam2 QUESTIONS AND CORRECT
ANSWERS (VERIFIED AND WELL DETAILED
ANSWERS) LATEST UPDATE 2024/2025

A defined length, type, and format and includes numbers, dates, or strings such as
Customer Address. - ✔✔Structured data



Data that humans, in interaction with computers, generate. - ✔✔Human generated
data



Different forms of unstructured data, data from many sources - ✔✔Variety



Uncertain data, must be meaningful to problem at hand - ✔✔Veracity



Scale of data, enormous amounts of data - ✔✔Volume



Speed at which data travels - ✔✔Velocity



Science of fact based decision making - ✔✔Analytics



Transforming data that helps make insight into better decisions - ✔✔Business
Analytics



Using data to predict future trends and identify patterns - ✔✔Predictive Analytics

, Data that describes the past - ✔✔Descriptive Analytics


Creating models with data that best indicate the next course of action -
✔✔Prescriptive Analytics


Separates heterogenous populations into more homogenous sub groups -
✔✔Clustering



Assigning records to a pre-defined set of classes - ✔✔Classifcation



Determines which things go together - ✔✔Affinity Grouping



Determines values for unknown or future values - ✔✔Estimation



A statement about what will happen in the future - ✔✔Prediction



A process that makes things more efficient - ✔✔Optimization



Predictions based on time-series information - ✔✔Forecasting



Estimating relationships among variables - ✔✔Regression



Exchange of digital messages over the internet - ✔✔Email



Enables instant or real time communication - ✔✔Instant Messaging

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