Course Week 1 Questions and Answers
Graded A+
What is the role of statistical methods in data analytics?
✔✔Statistical methods are used to identify patterns, relationships, and trends in data, helping to
make informed decisions
What does it mean to normalize data?
✔✔Normalizing data adjusts the values to a common scale, making comparisons between
different data points easier
What is predictive analytics?
✔✔Predictive analytics uses historical data and statistical algorithms to forecast future trends
and outcomes
What are the key steps in the data analysis process?
✔✔Collecting data, cleaning data, analyzing data, interpreting results, and communicating
findings
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, What is the difference between qualitative and quantitative data?
✔✔Qualitative data describes characteristics or attributes, while quantitative data represents
numerical values that can be measured
What is the significance of defining the scope of an analysis project?
✔✔Defining the scope helps ensure that the analysis is focused, relevant, and manageable,
preventing wasted resources
How does data ethics impact data analysis?
✔✔Data ethics ensures that data is used responsibly, respecting privacy, avoiding bias, and
making sure results are fair and transparent
What is the importance of identifying outliers in data analysis?
✔✔Identifying outliers helps to understand data anomalies and ensures they don’t skew the
results of the analysis
Why is it necessary to have a strong foundation in data analysis?
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