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Business Analytics and Data Mining Exam Prep – Multiple Choice, Big Data, Machine Learning, Predictive Models

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This document contains a complete set of verified exam questions and answers on business analytics, with a focus on big data applications, machine learning techniques, and predictive modeling. It explains fundamental concepts such as data preprocessing, classification, clustering, and regression, while also including practical applications in real world scenarios. Ideal for exam preparation, it covers both theoretical and applied aspects of analytics in detail. What is Big Data? - answer-A collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications (Hadoop) -A buzzword/catch-phrase used to describe a massive volume of both structured and unstructured data How many bytes of data are produced yearly? (IBM) - answer2.5 Quintillion Why is Big Data important? (MT/IBM Study) - answer-Top-performing organizations use analytics five times more often than lower performers Why is Big Data important? (MT/IBM Study) - answer-50% of the respondents said that improvement of info and analytics was a top priority for them Why is Big Data important? (MT/IBM Study) - answer-20% said they were under intense pressure to adopt advanced info and analytics approaches Sports Analytics - answer-How to predict run or pass? - 2 -: decision tree -The coach- Heat Map Zone Analysis for passing plays -Trainer squat test What are three factors that might be part of a PM for season ticket renewals? - answerData factors may include survey responses, pricing models, and customer tweets. What are two techniques that football teams can use to do opponent analysis? - answerIn the example provided, opponent analytics was evaluated using the coach's annotated game film to produce an analysis evaluating whether to build a cascaded decision tree model on play prediction, heat maps of passing offenses, and time series analytics on explosive plays. How can wearables improve player health and safety? What kinds of new analytics can trainers use? - answerWearables can help to identify levels and variation in core body strength, mobile devices worn during play can record data on hits to assist in concussion protocols, and sleeps sensors can identify how rested players are. What other analytics applications can you envision in sports? - answerpossibly tracking performance over time or location

Voorbeeld van de inhoud

- 1 -:
Business Analytics and Data Mining Exam Prep –

Multiple Choice, Big Data, Machine Learning, Predictive

Models


This document contains a complete set of verified exam questions and answers on business

analytics, with a focus on big data applications, machine learning techniques, and

predictive modeling. It explains fundamental concepts such as data preprocessing,

classification, clustering, and regression, while also including practical applications in real-

world scenarios. Ideal for exam preparation, it covers both theoretical and applied aspects

of analytics in detail.



What is Big Data? - answer✔✔-A collection of data sets so large and complex that

it becomes difficult to process using on-hand database management tools or traditional

data processing applications (Hadoop) -A buzzword/catch-phrase used to describe a

massive volume of both structured and unstructured data How many bytes of data are

produced yearly? (IBM) - answer✔✔2.5 Quintillion Why is Big Data important?

(MT/IBM Study) - answer✔✔-Top-performing organizations use analytics five times

more often than lower performers Why is Big Data important? (MT/IBM Study) -

answer✔✔-50% of the respondents said that improvement of info and analytics

was a top priority for them Why is Big Data important? (MT/IBM Study) -

answer✔✔-20% said they were under intense pressure to adopt advanced info

and analytics approaches Sports Analytics - answer✔✔-How to predict run or pass?

, - 2 -:
decision tree -The coach- Heat Map Zone Analysis for passing plays -Trainer squat test

What are three factors that might be part of a PM for season ticket renewals? -

answer✔✔Data factors may include survey responses, pricing models, and customer

tweets. What are two techniques that football teams can use to do opponent analysis?

- answer✔✔In the example provided, opponent analytics was evaluated using the

coach's annotated game film to produce an analysis evaluating whether to build a

cascaded decision tree model on play prediction, heat maps of passing offenses, and

time series analytics on explosive plays. How can wearables improve player health

and safety? What kinds of new analytics can trainers use? - answer✔✔Wearables

can help to identify levels and variation in core body strength, mobile devices worn

during play can record data on hits to assist in concussion protocols, and sleeps sensors

can identify how rested players are. What other analytics applications can you

envision in sports? - answer✔✔possibly tracking performance over time or location

Changing Business Environments and Evolving Needs for Decision Support and Analytics

- answer✔✔-Increased hardware, software, and network capabilities -Group

communication and collaboration -Improved data management-text, sound, graphics,

video -Managing giant data warehouses and Big Data -Analytical support -

Overcoming cognitive limits in processing and storing information -Knowledge

management-vast stores of info about everything! How do we manage, arrange, store

and retrieve it? -Anywhere, anytime support Definition of BI (Business intelligence) -

answer✔✔-BI is an umbrella term that combines architectures, tools, databases,

analytical tools, applications, and methodology Definition of BI (Business intelligence) -

answer✔✔-BI is a context-free expression, so it means different things to different

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