AN 300 (Practice Exam 1) Questions with Correct Answers
AN 300 (Practice Exam 1) Questions with Correct Answers What is the Business Analytics approach for managerial decision making? - Correct Answer - improve business performance - it is to yield actionable insights from analyzing data -to make evidence-based decisions we rely on our CEO's vision to promote the next year's assortment of products - Correct Answer decision making The use of sophisticated software tool to predict employee turnover and retention - Correct Answer predictive analytics application in human resources use SQL to find our most profitable customers - Correct Answer perform data query to answer to what has happen to the question We have millions rows of customer data in numbers, text, audio, video, pictures. and other multi-media format. - Correct Answer volume and variety of big data Which of the following is TRUE about Business Analytics? - Correct Answer - "What is the profit from Diet Coke sales if we increase the price of a can by 5 cents" (example of what-if-analysis) - RapidMiner is a predictive analytics software tool Which of the following is FALSE about JMP? - Correct Answer - your license expired at the end of this course - it cannot be access remotely - it is a business analytics technique
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- Subido en
- 3 de mayo de 2024
- Número de páginas
- 11
- Escrito en
- 2023/2024
- Tipo
- Examen
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