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Exam (elaborations)

WPC 300 Exam 1 Questions and Answers (Graded A)

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  • WPC 300
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  • WPC 300

WPC 300 Exam 1 Questions and Answers

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  • October 19, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WPC 300
  • WPC 300
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millyphilip
WPC 300 Exam 1 Questions and
Answers

Anchoring bias - Answers -Over-reliant on the first piece of information is called

Gamblers' fallacy is ____________. - Answers -a clustering illusion

Which of the following is an example of secondary data? - Answers -Firm's proprietary
data

In an agile approach of analytics what is the first step of the process? - Answers -
perform business discovery

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. - Answers -Prescriptive analytics

Which of the following data analytics model use optimization techniques? - Answers -
Prescriptive analytics

Which of the following statements is true? - Answers -Experimentation is a way of
analytical thinking

When you keep eating the food you don't like precisely because you already bought the
food, you are committing _____________. - Answers -sunk-cost fallacy

What are the four types of data analytical method? - Answers -Descriptive, explanatory,
predictive and prescriptive

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

_______ ensures that related data exist in parent table before allowing an entry into a
child table. - Answers -Referential integrity

Which of the following is not a component of the relational database? - Answers -
Analysis

The SQL code to extract only first_name information for all records of the "Actor" table
below is: - Answers -SELECT first_name FROM Actor;

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