DATA Analytics FOR Accounting Vernon
TEST Questions and Answers
Verified Solutions Latest Update
Question:
Descriptive Analytics.
Answer:
Analyzes past data to answer 'What happened?'
Question:
Diagnostic Analytics.
Answer:
Explores reasons behind past events, answering 'Why?'
Question:
Predictive Analytics.
Answer:
Forecasts future events, answering 'Will it happen?'
Question:
Prescriptive Analytics.
Answer:
Recommends actions based on expected outcomes.
Question:
Data Analysis Questions.
Answer:
What happened? Why? Will it happen? What to do?
, Question:
Counts in Analytics.
Answer:
Frequency measures showing occurrence of events.
Question:
Minimums and Maximums.
Answer:
Extreme values summarizing data characteristics.
Question:
Standard Deviation.
Answer:
Measures data variability around the mean.
Question:
Totals and Averages.
Answer:
Summarizes performance metrics for analysis.
Question:
Graphs in Analytics.
Answer:
Visual representations like bar charts and histograms.
Question:
Ratio Analytics.
Answer:
Financial ratios comparing performance metrics.
TEST Questions and Answers
Verified Solutions Latest Update
Question:
Descriptive Analytics.
Answer:
Analyzes past data to answer 'What happened?'
Question:
Diagnostic Analytics.
Answer:
Explores reasons behind past events, answering 'Why?'
Question:
Predictive Analytics.
Answer:
Forecasts future events, answering 'Will it happen?'
Question:
Prescriptive Analytics.
Answer:
Recommends actions based on expected outcomes.
Question:
Data Analysis Questions.
Answer:
What happened? Why? Will it happen? What to do?
, Question:
Counts in Analytics.
Answer:
Frequency measures showing occurrence of events.
Question:
Minimums and Maximums.
Answer:
Extreme values summarizing data characteristics.
Question:
Standard Deviation.
Answer:
Measures data variability around the mean.
Question:
Totals and Averages.
Answer:
Summarizes performance metrics for analysis.
Question:
Graphs in Analytics.
Answer:
Visual representations like bar charts and histograms.
Question:
Ratio Analytics.
Answer:
Financial ratios comparing performance metrics.
