Answers
Which Microsoft Track tool is most appropriate for working with small data sets? Excel
Which is the best Tableau Track tool for advanced visualizations? Tableau Desktop
True or false: Data analytics involves only the analysis of unstructured data. false
The real value inherent in data comes from Blank______, discovering the various buying
patterns of customers, investigating anomalies that were not predicted in firm operations, and
forecasting future demand and supply. data analytics
Co-occurrence Grouping an attempt to discover associations between individuals based on
transactions involving them
As part of mastering the data, data analysts perform data Blank______ to reduce data
redundancy and improve data integrity. normalization
Data Validation & completeness to provide a sense of reliability of the data
ETL extraction, transformation, & loading data (master the data)
, Data Preparation & scrubbing converting information from surveys or other data sources
so it can be used in statistical analysis; the process of going through a database and eliminating
dirty data
Classification Assignment of objects or people to categories on the basis of shared
characteristics.
Regression predict a specific dependent variable value based on independent variable
inputs
Similarity matching identifying like-individuals based on what you know about them
Clustering organizing items into related groups during recall from long-term memory;
divide individuals into groups in a useful way (find underlying drivers of similar data elements to
group them together)
Profiling characterize the typical behavior of an individual/group by generating summary
statistics like mean/median/max... about the data
Link prediction predicting connections b/w 2 data items
reduces the amount of information that needs to be considered to focus on the most important
data reducing