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
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