ISM 3541 Exam 2 with correct answers

ISM 3541 Exam 2 with correct answers
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Which approach to Business Analytics attempts to assign each
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unit in a population into a small set of classes where the unit
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belongs?
A) Co-occurrence grouping
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B) Regression
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C) Similarity Matching
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D) Classification - CORRECT ANSWERS ✔✔D) Classification
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Which approach to Business Analytics attempts to identify similar
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individuals based on data known about them?
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A) Similarity matching
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B) Regression
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C) Classification
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D) Data reduction - CORRECT ANSWERS ✔✔A) Similarity Matching
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Which approach to Business Analytics attempts to predict
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relationship between two data items? |\ |\ |\ |\




A) Profiling
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B) Link prediction
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C) Classification
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D) Regression - CORRECT ANSWERS ✔✔B) Link Prediction
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, During the module on "Communication - Storytelling" we
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explored a placemat that provided the framework for storytelling
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with data. The step that explores the data mining techniques that
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we've covered in the class is:
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A) Step 1: Outline Storyboard
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B) Step 4: Incorporate Context - Phase 2
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C) Step 3: Analyze Data - Phase 1
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D) Step 5: Populate and Display Output - CORRECT ANSWERS
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✔✔C) Step 3: Analyze Data - Phase 1
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Which of the placemats, or constructs, that have been provide
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through Chapter 4 provide the best view of selecting the proper
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data mining method?
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A) ITIL
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B) Problem Solving method
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C) CRISP-DM Framework
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D) Storytelling Placemat - CORRECT ANSWERS ✔✔D) Storytelling
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Placemat


When telling stories, select the major factors that one should
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consider when building their storyboard: |\ |\ |\ |\




Multiple answers: |\




A) Context in time is important
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B) Confirming the business question that needs to be answered
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C) Refining the answer in iterations as the team builds the
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analytics solutions |\