Data analytics exam 1 with
100% correct answers (latest
update)
Which of the following is NOT one of the fundamental concepts/principles
mentioned in Chapter 1 of our textbook?
A. Data science involves the judicious integration of human knowledge
and computerbased techniques to achieve what neither of them could
achieve alone.
B. From a large mass of data, information technology can be used to find
informative descriptive attributes of entities of interest.
C. If you look too hard at a set of data, you will find something—but it
might not generalize beyond the data you're looking at.
D. Extracting useful knowledge from data to solve business problems can
be treated systematically by following a process with reasonably well-
defined stages. - answer A
The assigned article summarizes multiple perspectives of analytics,
indicating that Analytics is not simply a buzzword, but is _______. Choose all
that apply.
A. A Collection of Specific Activities
B. A Collection of Practices & Technologies
C. A Transformation Process
D. A Capability Set
E. A Decision Paradigm
F. A Movement
G. A Fashion
H. A Hype - answer A, B, C, D, E, F
In the Business Analytics Framework (BAF), which of the following
perspectives may be considered as an umbrella concept which covers a
combination of definitions in other five perspectives?
, A. A collection of practices and technologies
B. A movement
C. A capability set
D. A Transformation process
E. A decisional paradigm - answer E
ABC company found that its profit decreased by 30% in 2019. As a starting
point, its CEO assigned an analytics team to investigate why this situation
occurred and then report the results to the next executive meeting. What
type of analytics is the team going to conduct in this case?
A. Prescriptive analytics
B. Predictive analytics
C. Diagnostic analytics
D. Descriptive analytics - answer Diagnostic Analysis
Which of the following is NOT integrated into the episode of evidence-
based problem findings & solving?
A. Processors
B.Mission
C. Evidence
D. Processes - answer B
Generally, which of the following types of analytics is the most difficult to
conduct?
A. Diagnostic analytics
B. Predictive analytics
C. Descriptive analytics
D. Prescriptive analytics - answer Predictive Analysis
Chapter 13 of our textbook mentions that the firm's management must
think data-analytically. Based on this criterion, which of the following
statements is NOT true?
100% correct answers (latest
update)
Which of the following is NOT one of the fundamental concepts/principles
mentioned in Chapter 1 of our textbook?
A. Data science involves the judicious integration of human knowledge
and computerbased techniques to achieve what neither of them could
achieve alone.
B. From a large mass of data, information technology can be used to find
informative descriptive attributes of entities of interest.
C. If you look too hard at a set of data, you will find something—but it
might not generalize beyond the data you're looking at.
D. Extracting useful knowledge from data to solve business problems can
be treated systematically by following a process with reasonably well-
defined stages. - answer A
The assigned article summarizes multiple perspectives of analytics,
indicating that Analytics is not simply a buzzword, but is _______. Choose all
that apply.
A. A Collection of Specific Activities
B. A Collection of Practices & Technologies
C. A Transformation Process
D. A Capability Set
E. A Decision Paradigm
F. A Movement
G. A Fashion
H. A Hype - answer A, B, C, D, E, F
In the Business Analytics Framework (BAF), which of the following
perspectives may be considered as an umbrella concept which covers a
combination of definitions in other five perspectives?
, A. A collection of practices and technologies
B. A movement
C. A capability set
D. A Transformation process
E. A decisional paradigm - answer E
ABC company found that its profit decreased by 30% in 2019. As a starting
point, its CEO assigned an analytics team to investigate why this situation
occurred and then report the results to the next executive meeting. What
type of analytics is the team going to conduct in this case?
A. Prescriptive analytics
B. Predictive analytics
C. Diagnostic analytics
D. Descriptive analytics - answer Diagnostic Analysis
Which of the following is NOT integrated into the episode of evidence-
based problem findings & solving?
A. Processors
B.Mission
C. Evidence
D. Processes - answer B
Generally, which of the following types of analytics is the most difficult to
conduct?
A. Diagnostic analytics
B. Predictive analytics
C. Descriptive analytics
D. Prescriptive analytics - answer Predictive Analysis
Chapter 13 of our textbook mentions that the firm's management must
think data-analytically. Based on this criterion, which of the following
statements is NOT true?
