100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WPC 300 Final Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed $11.49   Add to cart

Exam (elaborations)

WPC 300 Final Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

 3 views  0 purchase
  • Course
  • WPC 300
  • Institution
  • WPC 300

In an agile approach of analytics what is the first step of the process? -:- Perform business discovery In an ETL process, data is loaded into a final target database such as: -:- Data warehouse What are the four types of data analytical method? -:- Descriptive, explanatory, predictive and ...

[Show more]

Preview 3 out of 22  pages

  • September 4, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WPC 300
  • WPC 300
avatar-seller
Stuvian
2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!



WPC 300 Final Exam Questions & 100%
Correct Answers- Latest Test | Graded A+ |
Passed
In an agile approach of analytics what is the first step of the process?


✓ -:- Perform business discovery




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


✓ -:- Data warehouse




What are the four types of data analytical method?


✓ -:- Descriptive, explanatory, predictive and prescriptive




Which of the following is an example of secondary data?


✓ -:- Firm's proprietary data




Which of the following data analysis models use optimization techniques?


✓ -:- Prescriptive analytics




1|Page | Grade A+| 2024/2025

,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

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.


✓ -:- Prescriptive analytics




Target is examining their online sales data during the pandemic to understand what

happened. Which kind of analytical technique are they using?


✓ -:- Descriptive analytics




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?


✓ -:- Predictive analytics




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?


✓ -:- Prescriptive analytics




Which of the following question(s) can be better answered using data in order to reach an

evidence-based conclusion?


2|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

✓ -:- All of the answer selections are correct.




Deleting the grid lines in a chart


✓ -:- Increases the data-ink ratio




When the lie-factor of a graphical chart is more than 1,


✓ -:- the size of the effect shown in the graph is bigger than the actual effect in the

data.




Which are useful principles for data visualization?


✓ -:- The graph suggests a possible true effect




Which of the following statement(s) about charts is false?


✓ -:- None of the other answers are false




In order for a chart to have graphical integrity, the lie factor must be:


✓ -:- close to 1




What best describes the nature of a rose diagram?




3|Page | Grade A+| 2024/2025

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Stuvian. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76800 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart