Wpc 300 final exam Study guides, Class notes & Summaries

WPC 300 Final Exam Questions & Answers Complete, A+ Guide-perform business discovery - In an agile approach of analytics what is the first step of the process? data warehouse - In an ETL process, data is loaded into a final target database such as: prescriptive analytics - Which of the following data analysis models use optimization techniques? Prescriptive Analytics - Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts...

In an agile approach of analytics what is the first step of the process? : perform business discovery In an ETL process, data is loaded into a final target database such as: : data warehouse Which of the following data analysis models use optimization techniques? : prescriptive analytics Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts to identify the decisions most likely to result in the best performance. : Presc...

WPC 300 Final Exam (practice questions and answers) A-Graded 2024/2025 analytics - CORRECT ANSWER-the process of developing actionable decisions or recommendations for actions based upon insights generated from historical data primary data - CORRECT ANSWER-data collected specifically for the research problem at hand (ex: survey, interviews) secondary data - CORRECT ANSWER-data collected for some purpose other than the problem at hand (ex: firm's proprietary data, internet data, stock...

WPC 300 Final Exam Study Guide with complete solution

WPC 300 FINAL EXAM QUESTIONS & ANSWERS 2023/2024 Which of the following describes the standard deviation? - ANSWER-It is the square root of the variance. When two variables are highly positively correlated, the correlation coefficient will be _______. - ANSWER-close to 1 According to statistical notation, what does ∑ stand for? - ANSWER-to act as a summation operator The ________ is the observation that occurs most frequently. - ANSWER-mode The difference between the first and...

WPC 300 Final Exam 2024/2025 latest questions and answers perform business discovery - CORRECT ANSWER-In an agile approach of analytics what is the first step of the process? data warehouse - CORRECT ANSWER-In an ETL process, data is loaded into a final target database such as: prescriptive analytics - CORRECT ANSWER-Which of the following data analysis models use optimization techniques? Prescriptive Analytics - CORRECT ANSWER-Predictive analytics may be applied to __________, whi...

WPC 300 Final Exam Practice questions and answers 2024/2025 latest In an agile approach of analytics what is the first step of the process? - CORRECT ANSWER-Perform business discovery In an ETL process, data is loaded into a final target database such as: - CORRECT ANSWER-Data warehouse What are the four types of data analytical method? - CORRECT ANSWER-Descriptive, explanatory, predictive and prescriptive Which of the following is an example of secondary data? - CORRECT ANSWER-Firm...

Study for WPC 300 final exam Q&A Heuristic - CORRECT ANSWER-Learns by acting Uses trial and error Values experience, effort reduction Relies on common sense Seeks satisficing solution Fast and frugal May lead to decision biases! analytics - CORRECT ANSWER-developing actionable decisions or rec for action based on insights from histroical data -combo of computer tech, mgt sci techniques, and states to solve real problems -sports analytics, tinder descriptive - CORRECT ANSWER-...

WPC 300 Final Exam review 2024/2025 Actual questions and correct answers Data Variable Categories - CORRECT ANSWER-Qualitative and Quantitative Qualitative - CORRECT ANSWER-Is descriptive and conceptual and cannot be measured Quantitative - CORRECT ANSWER-Can be counted, measured, and expressed using numbers Quantitative Data Variables - CORRECT ANSWER-Numerical-interval, ratio Categorical-Nominal, ordinal (Quantitative Categorical) Nominal - CORRECT ANSWER-The numerical values just ...

WPC 300 Final Exam 2023 Questions and Answers Complete