BANA 2372 - Hollander - Final Exam - Chapters 1-9 - All Answered (solved) Latest Fall 2021/2022
BANA 2372 - Hollander - Final Exam - Chapters 1-9 1. ____ analytics is the set of analytical techniques that yield a course of action. Correct Ans- Prescriptive 2. _____ analytics consists of analytical techniques that use models constructed from past data to predict the future or to assess the impact of one variable on another. Correct Ans- predictive 3. _____ analytics encompasses the set of analytical techniques that describe what has happened in the past. Correct Ans- descriptive 4. _____ can be used to determine the percentage of data values that must be within one, two, and three standard deviations of the mean for data having a bell-shaped distribution. 5. Correct Ans- The empirical rule 6. _____ can be used to make statements about the proportion of data values that must be within a specified number of standard deviations of the mean, regardless of the shape of the distribution. Correct Ans- Chebyshev's theorem 7. _____ is the process of using procedures from statistics and computer science to extract useful information from extremely large databases. Correct Ans- data mining 8. A __________ can be used to graphically present quantitative data. Correct Ans- histogram and a stem-and-leaf display 9. A __________ is a graphical representation in which the sample space is represented by a rectangle and events are represented as circles. Correct Ans- Venn diagram10. A (discrete) sample space, denoted S, is a list of all possible outcomes Oi of an experiment. It is denoted as Correct Ans- S = {
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bana 2372 hollander final exam chapters 1 9 all
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bana 2372 business analysis
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bana 2372 hollander final exam
