QMB 3200 Midterm
Big Data - ANS--volume
-pace
-variety
-veracity
cross-sectional - ANS-information amassed at one point in time
facts - ANS-Facts, figures, and different evidence collected through observations.
Facts mining - ANS-make predictions from massive records
Dataset - ANS-the complete set of raw data, for all observational devices and variables, in a
survey or test
Descriptive Analytics - ANS-describes what has came about
descriptive facts - ANS-describes information
Element - ANS-the entity on which records is accumulated
frequency distribution - ANS-A summary chart, showing how regularly each of the various
scores in a set of data happens
observation - ANS-variables related to the element
panel - ANS-each cross-sectional and time series
Population - ANS-the set of all elements of interest in a selected observe
Predictive Analytics - ANS-makes use of statistical model to expect the future
Prescriptive Analytics - ANS-makes use of data to find surest solution
relative frequency - ANS-
pattern - ANS-a subset of the populace
statistical evaluation - ANS-a studies technique that involves studying facts that have already
been accumulated to decide the power of the relationship that can exist among or extra
variables
statistical inference - ANS-The technique of using information obtained from a pattern to
make estimates or take a look at hypotheses approximately the traits of a population.
Time series - ANS-records collected through the years
variable - ANS-a function of interest for the elements
Big Data - ANS--volume
-pace
-variety
-veracity
cross-sectional - ANS-information amassed at one point in time
facts - ANS-Facts, figures, and different evidence collected through observations.
Facts mining - ANS-make predictions from massive records
Dataset - ANS-the complete set of raw data, for all observational devices and variables, in a
survey or test
Descriptive Analytics - ANS-describes what has came about
descriptive facts - ANS-describes information
Element - ANS-the entity on which records is accumulated
frequency distribution - ANS-A summary chart, showing how regularly each of the various
scores in a set of data happens
observation - ANS-variables related to the element
panel - ANS-each cross-sectional and time series
Population - ANS-the set of all elements of interest in a selected observe
Predictive Analytics - ANS-makes use of statistical model to expect the future
Prescriptive Analytics - ANS-makes use of data to find surest solution
relative frequency - ANS-
pattern - ANS-a subset of the populace
statistical evaluation - ANS-a studies technique that involves studying facts that have already
been accumulated to decide the power of the relationship that can exist among or extra
variables
statistical inference - ANS-The technique of using information obtained from a pattern to
make estimates or take a look at hypotheses approximately the traits of a population.
Time series - ANS-records collected through the years
variable - ANS-a function of interest for the elements
