100% correct 2025/2026
For companies to attract and retain their best customers they need a complete portrait of who they are.
To develop this portrait companies turn to...
Statistics
Analytics
Management Science
Histograms - correct answer ✔Analytics
A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What
type of analytics might they employ to achieve this goal?
Predictive Analytics
Descriptive Analytics
Prescriptive Analytics
,Diagnostic Analytics - correct answer ✔Prescriptive Analytics
What type of data error that occurs in measurement is constant within a data set and is sometimes
caused by faulty equipment or bias?
Random
Omission
Outlier
Systematic - correct answer ✔Systematic
An Educator develops a new standardized test to measure math skills of ninth graders. She has students
in her home state of Ohio take the test. If the test is to be used on a national level, what type of error
might be found in her data?
Omission Error
Systematic Error
Measurement Bias
,Information Bias - correct answer ✔Measurement Bias
A city government is trying to determine the national origins of its recent immigrant population. If a
survey of the immigrant population is conducted in English what type of error might be present in the
data?
Random
Omission
Outlier
Accuracy - correct answer ✔Omission
The use of Big Data is increasingly important to businesses in competitive markets. Which of the
following characteristics is not true of big data?
Requires the use of analytics
Contains structured data
Contains unstructured data
, Can be analyzed with traditional spreadsheets - correct answer ✔Can be analyzed with traditional
spreadsheets
The Davenport-Kim three-stage model consists of framing the problem, solving the problem, and
communicating results. Which two of the following are part of framing the problem stage? (Pick 2)
Determine the scope of the problem
Data collection
Review of previous findings
Presenting a recommendation - correct answer ✔Determine the scope of the problem & Review of
previous findings
A healthcare provider is researching blood glucose levels before and after exercising. What two
elements should be part of any experimental study such as this? (Pick 2)
Treatment procedures
Patient observation