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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
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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
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.
,3|Page
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
, 4|Page
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