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
1
@THE STUDY VAULT
,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?
2
@THE STUDY VAULT
,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
3
@THE STUDY VAULT
, 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
4
@THE STUDY VAULT
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
1
@THE STUDY VAULT
,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?
2
@THE STUDY VAULT
,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
3
@THE STUDY VAULT
, 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
4
@THE STUDY VAULT
