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C207 OA EXAM FOR FINALS WITH DETAILED QUESTIONS AND CERTIFIED ANSWERS APPROVED BY ACEMARKET GUARANTEED 100% PASS
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C207 OA EXAM FOR FINALS WITH DETAILED QUESTIONS AND CERTIFIED ANSWERS APPROVED BY ACEMARKET GUARANTEED 100% PASSC207 OA EXAM FOR FINALS WITH DETAILED QUESTIONS AND CERTIFIED ANSWERS APPROVED BY ACEMARKET GUARANTEED 100% PASS
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C207 OA Exam Questions & Correct Answers Verified 100% Correct |Latest Updates|
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C207 OA Exam Questions & Correct 
Answers Verified 100% Correct |Latest 
Updates| 
 
 
 Autocorrelation - ANSWER -concern with multiple regression. lag time in data 
that might throw off correlation of data points. 
 
i.e. researcher is analyzing mortgage rates and disposable income 
 
 Cyclicality - ANSWER -oscillating patterns that can go on for years 
 
 Seasonality - ANSWER -pattern that occurs within a single year 
 
i.e. retail store gets a spike of sales in Nov and Dec 
 
...
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C207 OA Exam Questions & Correct Answers Verified 100% Correct |Latest Updates|
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C207 OA Exam Questions & Correct 
Answers Verified 100% Correct |Latest 
Updates| 
Measurement Bias - ANSWER -data doesn't represent the study group because of: 
1. sample isn't random enough 
2. sample isn't big enough 
3. sample wasn't inclusive enough, or was too inclusive, to represent study group 
i.e. a survey on favorite foods was sent to all renters in a city (didn't include 
homeowners so not a "Truly Representative Sample") 
Conscious Bias - ANSWER -the su...
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C207 OA Exam Questions With 100% Solved Correct Answers A+ Pass
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C207 OA Exam Questions With 100% Solved Correct Answers A+ Pass 
 
Prescriptive Analytics - Answers - use techniques that create models indicating the best decision to make or course of action to take 
 
4 components of Big Data - Answers - Structured and Unstructured data, large quantities, cannot use traditional software and databases 
 
Data Mining - Answers - finding hidden patterns within Big Data 
 
Descriptive Analytics - Answers - the use of data to understand past and current business p...
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C207 OA EXAM SOLVED 100% CORRECT (VERIFIED)
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C207 OA EXAM SOLVED 100% CORRECT (VERIFIED) 
 
Simple indexing - Answers - Common analytic measure to improve performance. Compares current data with data during a base period. 
 
(Price / Price during "Base Period") x 100 
 
i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? 
 
(4.80 / 1.60) * 100 = 300 (means price is 3x greater than base period) 
 
Descriptive Analytics - Answers - using current and past data for strictly descriptive pur...
C207 OA QUESTIONS WITH CORRECT ANSWERS | GRADE A+ ASSURED/NEWEST UPDATE
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C207 OA QUESTIONS AND ANSWERS 100% SOLVED
- Exam (elaborations) • 69 pages • 2024
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C207 OA QUESTIONS AND ANSWERS 
100% SOLVED 
Simple indexing -Ans>> Common analytic measure to improve performance. Compares current data 
with data during a base period. (Price / Price during "Base Period") x 100 
i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? 
(4.80 / 1.60) * 100 = 300 (means price is 3x greater than base period) 
Used to identify price fluctuations of supplies, materials, products, etc. 
Weighted Index -Ans>> ...
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C207 OA QUESTIONS WITH CORRECT ANSWERS|100% verified|49 pages
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C207 OA QUESTIONS WITH CORRECT ANSWERS 
Simple indexing CORRECT ANSWER Common analytic measure to improve performance. Compares current data with data during a base period. 
 
(Price / Price during "Base Period") x 100 
 
i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? 
 
(4.80 / 1.60) * 100 = 300 (means price is 3x greater than base period) 
 
Used to identify price fluctuations of supplies, materials, products, etc. 
 
Weighted Index CORRE...
C207 OA Partial Test questions with answers||Latest 2024
C207 OA Partial Test Questions With Answers||Latest 2024
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