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Analytics Final Exam 2025|Certified Exam With 100% Verified Questions

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Analytics Final Exam 2025|Certified Exam With 100% Verified Questions

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Analytics Final Exam 2025|Certified Exam
With 100% Verified Questions




A manager at G'Dawg Records (motto: double declining balances are the
fo'zhizzle) wants to know his company's revenue and profit in its previous quarter.
Which of the following business analytics will help the manager? - Correct-
answer-Descriptive analytics




Predictive analytics - Correct-answer-Detects patterns in historical data and
extrapolates them forward in time




A database is: - Correct-answer-A structured collection of related files and data




Which of the following is an example of a measure of continuous metrics? -
Correct-answer-Weight and volume of a sheet of steel

,2|Page


Which of the following is a disadvantage of ordinal data? - Correct-answer-They
have no fixed units of measurement




Identify and briefly describe each of the four things that differentiate big data
from not so big data. What are the benefits and drawbacks of each of the four
things as they relate to an audit? - Correct-answer-Big Data



Volume - Terabytes, petabytes and zettabytes 10^21*

Variety - Unstructured (text, voice, video)

Velocity - Data in motion (streaming)

Veracity - Untrusted and uncleansed



Not so big data



Volume - Megabytes and gygabites

Variety - Structured and rational

Velocity - Data at rest

Veracity - Trusted and cleansed



Benefits and Drawbacks



Volume - More to sample, but less time to test everything.

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Veracity - Bigger sample to rely on, but there could be more fake data

Variety - You have different kinds of data to test but have to organize more.

Velocity - Always have more data to test, but hard to pick which data is always
coming for you.




Which of the following charts provides the MOST useful means for displaying data
over time? - Correct-answer-Line chart




Skin E-G local college professor/rapper (motto: all cool cats use accrual
accounting) wants to know to understand the relative proportion of each type of
fan (e.g. hipsters) to the total. What chart should Skin E-G use? - Correct-answer-
Pie chart




Observations consisting of PAIRS of variable data are required to construct what
kind of chart? - Correct-answer-Scatter




Skin E-G has data consisting of price, price/earning ratio and market capitalization
for seven different stocks on a particular day. He wishes to plot all three variables
in two dimensions. Which chart should Skin E-G use? - Correct-answer-Bubble
chart

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Which of the following charts show three-dimensional data? - Correct-answer-
Surface chart




How to calculate the interquartile range - Correct-answer-The difference between
the first and third quartiles, Q3 - Q1.




A ____ is a description of the approach that is used to obtain samples from a
population prior to any data collection activity. - Correct-answer-Sampling plan




Which of the following types of samples using random procedures to select a
sample? - Correct-answer-Probabilistic sampling




Which of the following sampling methods bases its selection of samples on the
ease of data collection? - Correct-answer-Convenience sampling




______ sampling applies to populations that are divided into natural subsets and
allocates the appropriate proportion of samples to each subset. - Correct-answer-
Stratified

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