SOLUTION MANUAL Data Analytics for
y y y
Accounting, 3rd Edition by Vernon
y y y y y
Richardson, Chapters 1 - 9
y y y y y
written by y
nursingpieces
The Marketplace to Buy and Sell your Study Material
y y y y y y y y
At yStuvia, yyou ywill yfind ythe ybest ynotes, ysummaries, yflashcards y& yother ystudy ymaterial. ySearch yfor yyour
yschool yor yuni yand yfind ythe ystudy ymaterial yyou yneed.
www.stuvia.com
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yMaterial
SOLUTIONMANUAL y
Data Analytics for Accounting, 3rd Edition
y y y y y y
by Vernon Richardson, Chapters 1 - 9
y y y y y y y
1
, Stuvia.com y- yThe yMarketplace yto yBuy yand ySell yyour yStudy
yMaterial
Chapter y1: yData yAnalytics yfor yAccounting yand yIdentifying ythe yQuestions Chapter y2: yMastering ythe yData
y Chapter y3: yPerforming ythe yTest yPlan yand yAnalyzing ythe yResults y Chapter y4: yCommunicating yResults yand
y Visualizations
Chapter y5: yThe yModern yAccounting yEnvironment y Chapter y6: yAudit yData
y Analytics
Chapter y7: yManagerial yAnalytics
Chapter y 8: y Financial y Statement yAnalytics y Chapter y 9: y Tax y Analytics
2
, Stuvia.com y- yThe yMarketplace yto yBuy yand ySell yyour yStudy
yMaterial
Solutions y Manual y – y Chapter y 1
Solutions y to y Multiple y Choice
y
y Questions
1. (LO y1-1) yBig yData yis yoften ydescribed y by ythe yfour yVs, y or
a. volume, y velocity, y veracity, y and y variability.
b. volume, y velocity, y veracity, y and y variety.
c. volume, y volatility, y veracity, y and y variability.
d. variability, yvelocity, y veracity, y and y variety.
Answer: y b
2. LO y1-4) yWhich ydata yapproach yattempts yto yassign yeach yunit y in ya y population yinto
ya ysmall y set ofclasses y (or ygroups) ywhere y the y unit y best y fits?
a. Regression
b. Similarity ymatching
c. Co-occurrence y grouping
d. Classification
Answer: y d
3. (LO y1-4) yWhich y data yapproach y attempts y to yidentify ysimilar y individuals y based
y on ydata y knownabout ythem?
a. Classification
b. Regression
c. Similarity ymatching
d. Data yreduction
Answer: y c
4. (LO y1-4) yWhich ydata yapproach yattempts yto ypredict yconnections ybetween ytwo
ydata yitems?
a. Profiling
b. Classification
c. Link yprediction
d. Regression
3
y y y
Accounting, 3rd Edition by Vernon
y y y y y
Richardson, Chapters 1 - 9
y y y y y
written by y
nursingpieces
The Marketplace to Buy and Sell your Study Material
y y y y y y y y
At yStuvia, yyou ywill yfind ythe ybest ynotes, ysummaries, yflashcards y& yother ystudy ymaterial. ySearch yfor yyour
yschool yor yuni yand yfind ythe ystudy ymaterial yyou yneed.
www.stuvia.com
, Stuvia.com y- yThe yMarketplace yto yBuy yand ySell yyour yStudy
yMaterial
SOLUTIONMANUAL y
Data Analytics for Accounting, 3rd Edition
y y y y y y
by Vernon Richardson, Chapters 1 - 9
y y y y y y y
1
, Stuvia.com y- yThe yMarketplace yto yBuy yand ySell yyour yStudy
yMaterial
Chapter y1: yData yAnalytics yfor yAccounting yand yIdentifying ythe yQuestions Chapter y2: yMastering ythe yData
y Chapter y3: yPerforming ythe yTest yPlan yand yAnalyzing ythe yResults y Chapter y4: yCommunicating yResults yand
y Visualizations
Chapter y5: yThe yModern yAccounting yEnvironment y Chapter y6: yAudit yData
y Analytics
Chapter y7: yManagerial yAnalytics
Chapter y 8: y Financial y Statement yAnalytics y Chapter y 9: y Tax y Analytics
2
, Stuvia.com y- yThe yMarketplace yto yBuy yand ySell yyour yStudy
yMaterial
Solutions y Manual y – y Chapter y 1
Solutions y to y Multiple y Choice
y
y Questions
1. (LO y1-1) yBig yData yis yoften ydescribed y by ythe yfour yVs, y or
a. volume, y velocity, y veracity, y and y variability.
b. volume, y velocity, y veracity, y and y variety.
c. volume, y volatility, y veracity, y and y variability.
d. variability, yvelocity, y veracity, y and y variety.
Answer: y b
2. LO y1-4) yWhich ydata yapproach yattempts yto yassign yeach yunit y in ya y population yinto
ya ysmall y set ofclasses y (or ygroups) ywhere y the y unit y best y fits?
a. Regression
b. Similarity ymatching
c. Co-occurrence y grouping
d. Classification
Answer: y d
3. (LO y1-4) yWhich y data yapproach y attempts y to yidentify ysimilar y individuals y based
y on ydata y knownabout ythem?
a. Classification
b. Regression
c. Similarity ymatching
d. Data yreduction
Answer: y c
4. (LO y1-4) yWhich ydata yapproach yattempts yto ypredict yconnections ybetween ytwo
ydata yitems?
a. Profiling
b. Classification
c. Link yprediction
d. Regression
3
