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(Solved): WPC 300 QUIZ 1 Scored 10 outof 10...


 

WPC 300 QUIZ 1

Scored 10 outof 10

 


Question 1                                                                                                                    1 pts
In an agile approach of analytics what is the first step of the process?

  • Perform data discovery
  • Perform business discovery
  • Score and deploy
  • Model data

 
Question 2                                                                                             1 pts
In an ETL process, data is loaded into a final target database such as:

  • Operational dashboard
  • Public database
  • Social media database
  • Data warehouse


Question 3                                                                                1 pts
What are the four types of data analytical method?

  • Descriptive, explanatory, predictive and prescriptive
  • Critical, analytical, predictive and explanatory
  • Descriptive, logical, predictive and prescriptive
  • Descriptive, analytical, predictive and prescriptive


Question 4                                                                   1 pts
Which of the following is an example of secondary data?

  • Simulated data
  • Interview data
  • Firm's proprietary data
  • Survey data

 
Question 5
Which of the following data analysis models use optimization techniques?

  • Prescriptive analytics
  •  Diagnostic analytics
  •  Predictive analytics
  •  Descriptive analytics


Question 6                                                                                    1 pts
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.

  • Descriptive analytics
  •  Prescriptive analytics
  •  Forecast analytics
  •  Explanatory analytics


Question 7               1 pts
Target is examining their online sales data during the pandemic to understand what happened. Which kind of analytical technique are they using?

  • Predictive analytics
  • Descriptive analytics
  •  Forecast analytics
  •  Prescriptive analytics

 

Question 8                                                   1 pts
Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs. Which kind of analytical technique are they using?

  • Explanatory analytics
  • Prescriptive analytics
  • Predictive analytics
  • Descriptive analytics

 
Question 9                                        1 pts
Your professor is considering purchasing a self-driving car that can figure out the best route and the optimum safe way to drive there without human intervention. What kind of analytics is the car using to do this?

  • Explanatory analytics
  • Descriptive analytics
  •  Prescriptive analytics
  •  Predictive analytics

 
Question 10                                                 1 pts
Which of the following question(s) can be better answered using data in order to reach an evidence-based conclusion?

  • Who will win the NBA championship?
  • All of the answer selections are correct.
  •  What is the purchase pattern(s) of our customers?
  •  How many students will enroll for an online class in the Spring?


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