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WPC 300 Exam 1 ACTUAL QUESTIONS AND CORRECT ANSWERS

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WPC 300 Exam 1 ACTUAL QUESTIONS AND CORRECT ANSWERS Anchoring bias - CORRECT ANSWER Over-reliant on the first piece of information is called Gamblers' fallacy is ____________. - CORRECT ANSWER a clustering illusion Which of the following is an example of secondary data? - CORRECT ANSWER proprietary data Firm's In an agile approach of analytics what is the first step of the process? - CORRECT ANSWER perform business discovery Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts to identify the decisions most likely to result in the best performance. - CORRECT ANSWER Prescriptive analytics Which of the following data analytics model use optimization techniques? - CORRECT ANSWER Prescriptive analytics Which of the following statements is true? - CORRECT ANSWER of analytical thinking Experimentation is a way When you keep eating the food you don't like precisely because you already bought the food, you are committing _____________. - CORRECT ANSWER sunk-cost fallacy What are the four types of data analytical method? - CORRECT ANSWER explanatory, predictive and prescriptive Descriptive, In an ETL process, data is loaded into a final target database such as: - CORRECT ANSWER Data warehouse

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WPC 300 Exam 1 ACTUAL QUESTIONS
AND CORRECT ANSWERS
Anchoring bias - CORRECT ANSWER Over-reliant on the first piece of information is called



Gamblers' fallacy is ____________. - CORRECT ANSWER a clustering illusion



Which of the following is an example of secondary data? - CORRECT ANSWER Firm's
proprietary data



In an agile approach of analytics what is the first step of the process? - CORRECT ANSWER
perform business discovery



Predictive analytics may be applied to __________, which is a set of techniques that use descriptive
data and forecasts to identify the decisions most likely to result in the best performance. - CORRECT
ANSWER Prescriptive analytics



Which of the following data analytics model use optimization techniques? - CORRECT ANSWER
Prescriptive analytics



Which of the following statements is true? - CORRECT ANSWER Experimentation is a way
of analytical thinking



When you keep eating the food you don't like precisely because you already bought the food, you are
committing _____________. - CORRECT ANSWER sunk-cost fallacy



What are the four types of data analytical method? - CORRECT ANSWER Descriptive,
explanatory, predictive and prescriptive



In an ETL process, data is loaded into a final target database such as: - CORRECT ANSWER
Data warehouse

, _______ ensures that related data exist in parent table before allowing an entry into a child table. -
CORRECT ANSWER Referential integrity



Which of the following is not a component of the relational database? - CORRECT ANSWER
Analysis



The SQL code to extract only first_name information for all records of the "Actor" table below is: -
CORRECT ANSWER SELECT first_name FROM Actor;



When you are asked to design a database for the airline ticket reservation system, based on an Entity-
Relationship Data model, which of the following could be an example of "entity"? - CORRECT
ANSWER Traveler



Which of the following tools help in periodic managerial decision-making? - CORRECT ANSWER
OLAP



You are creating a database to store temperature and wind data from various airport. Which of the
following fields is the most likely candidate to use as the basis for a Primary Key in the Airport
Table? - CORRECT ANSWER Airport Code



"Google Doc" is an example of _______ in a could computing environment. - CORRECT ANSWER
SaaS



Which of the following is an important task of a database management system? - CORRECT
ANSWER Provides support such as performing maintenance and routine backups.



When you access information from two different tables connected by an identifier key, the SQL
keyword you should use is _______. - CORRECT ANSWER INNER JOIN



Which of the following is a cloud service provider? - CORRECT ANSWER VMWare



Which of the following statement(s) is (are) true about Excel functions? - CORRECT ANSWER
strings can be added

numbers can be summed

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