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WPC 300 Final Exam Questions and Answers
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WPC 300 Final Exam Questions and Answers
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WPC 300 Final Exam Questions andAnswers
Predictive iianalytics iimay iibe iiapplied iito_______________, iiwhich iiis iia iiset iiof
iitechniques iithat iiuse iidescriptive iidata iiand iiforecasts iito iiidentify iithe iidecisions iimost
iilikely iito iiresult iiin iithe iibest iiperformance. ii- iiAnswers ii-Prescriptive iianalytics
Experimentation iiis iia iiway iiof ii- iiAnswers ii-Analytical iithinking
Gamblers' iifallacy iiis ii______________ ii- iiAnswers ii-A iiClustering iiillusion
________ iirefers iito iia iibias iithat iicauses iian iiindividual iito iivalue iian iiowned iiobject
iihigher iithan iiits iimarket iivalue. ii- iiAnswers ii-Endowment iieffect
Which iiof iithe iifollowing iidata iianalytics iimodel iiuse iioptimization iitechniques? ii-
iiAnswers ii-Prescriptive iianalytics
When iiyou iikeep iieating iithe iifood iiyou iidon't iilike iiprecisely iibecause iiyou iialready
iibought iithe iifood, iiyou iiare iicommitting ii_______________ ii- iiAnswers ii-Sunk-cost
iifallacy
What iiare iithe iifour iitypes iiof iidata iianalytical iimethod? ii- iiAnswers ii-Descriptive,
iiexplanatory, iipredictive iiand iiprescriptive
Which iiof iithe iifollowing iiis iian iiexample iiof iiprimary iidata? ii- iiAnswers ii-Interviews
In iian iiETL iiprocess, iidata iiis iiloaded iiinto iia iifinal iitarget iidatabase iisuch iias: ii- iiAnswers
ii-Data iiwarehouse
In iian iiagile iiapproach iiof iianalytics, iiwhat iiis iithe iilast iistep iiof iithe iiprocess? ii- iiAnswers
ii-Evaluate iiand iiimprove
When iitwo iivariables iiare iihighly iinegatively iicorrelated, iithe iicorrelation iicoefficient iiwill
iibe ii______________ ii- iiAnswers ii-Close iito ii-1
A iiresearcher iiwants iito iifind iiout iiif iia iilack iiof iiexercise iileads iito iiweight iigain. iiWhich iiof
iithe iifollowing iivariables iicould iinot iibe iiconsidered iias iiconfounder? ii- iiAnswers ii-Both
ii"Exercise iilevel" iiand ii"Weight ii(age iiWOULD iibe iia iiconfounder)
, What iiis iia iiconfounder? ii- iiAnswers ii-The iiassociation iibetween iitwo iivariables iimight
iibe iimodified iiby iia iithird iivariable, iiand iithis iican iilead iito iidistorted iiresults. ii(Confounder
iiwould iibe iithe iithird iivariable)
Kurtosis iiof iia iinormal iidata iidistribution iiis iia ii___________________ ii- iiAnswers ii-
Measure iiof iidata iishape
Which iiof iithe iifollowing iiis iitrue iiabout iiA/B iitesting? ii- iiAnswers ii-To iiincrease
iiconversion iirate iiof iiyour iiwebsite iitraffic, iiA/B iitesting iican iibe iibeneficial.
What iiis iiA/B iitesting ii? ii- iiAnswers ii-Example: ii(Put iiout iitwo iidifferent iiwebsite iidesigns
iiand iisee iiwhich iione iigets iithe iimost iiviews iiand iivisits iior iimost iiorders-then iiuse iithat
iione iias iiyour iipermanent iiwebsite iidesign)
What iiare iithe iithree iiprinciples iiof iidescribing iinumeric iidata? ii- iiAnswers ii-Center,
iispread iiand iishape
In iiinferential iistatistics, iia ii_____________ iiis iiused iito iiinfer iiabout iia
ii______________. ii- iiAnswers ii-Sample, iipopulation
The iinumbers iion iithe iibasketball iijersey iiis iian iiexample iiof ii- iiAnswers ii-Nominal iidate
In iithe iiexperimental iidesign ii(discussed iiin iithe iilecture iivideos) iito iitest iithe iiefficacy iiof
ii"IQ iiWater", iithe ii"IQ iiwater" iiis iicalled ii- iiAnswers ii-Treatments
When iisample iisize iiincreases ii- iiAnswers ii-Confidence iiinterval iidecreases
Which iiof iithe iifollowing iiproposition iidescribes iian iiexisting iitheory iior iibelief? ii-
iiAnswers ii-Null iihypothesis
Which iiof iithe iifollowing iiis iinot iia iicontinuous iirandom iivariable? ii- iiAnswers ii-The
iioutcomes iiof iirolling iitwo iidice
In iiorder iito iireject iithe iinull iihypothesis, iithe iip-value iimust iibe iiless iithan iithe ii- iiAnswers
ii-Alpha
The iicentral iilimit iitheorem iistates iithat iiif iithe iipopulation iiis iinormally iidistributed, iithen
iithe ii- iiAnswers ii-Sampling iidistribution iiof iithe iimean iiwill iialso iibe iinormal iifor iiany
iisample iisize
Which iiof iithe iifollowing iiis iia iidifference iibetween iithe iit-distribution iiand iithe iistandard
iinormal ii(z) iidistribution? ii- iiAnswers ii-The iit-distribution iihas iia iilarger iivariance iithan
iithe iistandard iinormal iidistribution
Which iiof iithe iifollowing iiis iia iiType-II iierror? ii- iiAnswers ii-The iiresearch iihypothesis iiis
iiactually iitrue, iiand iithe iitest iiincorrectly iifails iito iirejects iinull iihypothesiss
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