UCF QMB3200 MIDTERM STUDY ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS

UCF QMB3200 MIDTERM STUDY ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Analytics - Answer -the scientific process of transforming data into insight for making better decisions Descriptive Analytics - Answer -Analytical techniques that describe what has happened in the past. Predictive Analytics - Answer -Analytical techniques that use models constructed from past data to predict the future or assess the impact of one variable on another.Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: Prescriptive Analytics - Answer -Analytical techniques that yield a course of action. Big Data - Answer -A set of data that cannot be managed, processed, or analyzed with commonly available software in a reasonable amount of time. Big Data are characterized by 4 v's: volume, velocity, variety, and veracity. Data Mining - Answer -The process of using procedures from statistics and computer science to extract useful inform