AIDA 181 Big Data Analytics for Risk and Insurance Exam Prep| Questions and Verified Answers| 100% Correct (New 2023/ 2024 Update)

AIDA 181 Big Data Analytics for Risk and Insurance Exam Prep| Questions and Verified Answers| 100% Correct (New 2023/ 2024 Update) QUESTION metadata Answer: data about the data that provides context for analyzing transaction facts with efficient structures for grouping hierarchical information QUESTION what type of data helps prevent data quality issues? Answer: metadata QUESTION what are some data mining techniques Answer: classification regression analysis association rule learning cluster analysis QUESTION what data mining techniques are used when looking for a specific answer Answer: classification regression analysis QUESTION what data mining techniques are used when you want to make a new discovery Answer: association rule learning cluster analysis QUESTION CRISP - DM Answer: Cross Industry Standard Process for Data Mining an accepted standard for the steps in any data mining process used to provide business solutions QUESTION data science fundamental concepts Answer: systematic processes can be used to discover use