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WPC 300 QUIZZES TOGETHER WITH CORRECT ANSWERS
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WPC 300 QUIZZES TOGETHER WITH CORRECT ANSWERS
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WPC 300 QUIZZES TOGETHER WITHCORRECT ANSWERS
QUIZ iiONE ii- iiAnswers ii-
Gamblers' iifallacy iiis ii______________
Framing iieffect iibias
A iiZero iirisk iibias
A iiclustering iiillusion
An iiendowment iieffect iibias ii- iiAnswers ii-A iiclustering iiillusion
When iiyou iikeep iieating iithe iifood iiyou iidon't iilike iiprecisely iibecause iiyou iialready
iibought iithe iifood, iiyou iiare iicommitting ii_______________
Endowment iieffect iibias
Sunk-cost iifallacy
Zero iirisk iibias
Availability iiheuristics iibias ii- iiAnswers ii-Sunk-cost iifallacy
________ iirefers iito iia iibias iithat iicauses iian iiindividual iito iivalue iian iiowned iiobject
iihigher iithan iiits iimarket iivalue.
Bandwagon iieffect
Clustering iiillusion
Endowment iieffect
Anchoring iibias ii- iiAnswers ii-Endowment iieffect
In iian iiETL iiprocess, iidata iiis iiloaded iiinto iia iifinal iitarget iidatabase iisuch iias:
Operational iidashboard
Public iidatabase
Social iimedia iidatabase
Data iiwarehouse ii- iiAnswers ii-Data iiwarehouse
Which iiof iithe iifollowing iiis iian iiexample iiof iiprimary iidata?
Firm's iiproprietary iidata
Data iicollected iithrough iicensuses
iiInterviews iidata
Internet iisearchers ii- iiAnswers ii-Interviews iidata
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.
Prescriptive iianalytics
, Forecast iianalytics
Explanatory iianalytics
Descriptive iianalytics ii- iiAnswers ii-Prescriptive iianalytics
In iian iiagile iiapproach iiof iianalytics, iiwhat iiis iithe iilast iistep iiof iithe iiprocess?
Model iidata
Score iiand iideploy
Perform iibusiness iidiscovery
Evaluate iiand iiImprove ii- iiAnswers ii-Evaluate iiand iiImprove
Which iiof iithe iifollowing iidata iianalytics iimodel iiuse iioptimization iitechniques?
Diagnostic iianalytics
Prescriptive iianalytics
Predictive iianalytics
Descriptive iianalytics ii- iiAnswers ii-Prescriptive iianalytics
Which iiof iithe iifollowing iistatements iiis iitrue?
Experimentation iiis iia iiway iiof iianalytical iithinking
Heuristic iithinking iiis iislow
Using iiintuition iiis iia iiway iiof iianalytical iithinking
Analytical iithinking iiis iinot iibased iion iifacts ii- iiAnswers ii-Experimentation iiis iia iiway iiof
iianalytical iithinking
What iiare iithe iifour iitypes iiof iidata iianalytical iimethod?
Descriptive, iilogical, iipredictive iiand iiprescriptive
Descriptive, iiexplanatory, iipredictive iiand iiprescriptive
Critical, iianalytical, iipredictive iiand iiexplanatory
Descriptive, iianalytical, iipredictive iiand iiprescriptive ii- iiAnswers ii-Descriptive,
iiexplanatory, iipredictive iiand iiprescriptive
QUIZ ii2 ii- iiAnswers ii-
What iiare iithe iithree iiprinciples iiof iidescribing iinumeric iidata?
Centrality, iidispersion iiand iisize
Mean, iimedian iiand iimode
Dispersion, iirange iiand iistandard iideviation
center, iispread iiand iishape ii- iiAnswers ii-center, iispread iiand iishape
When iitwo iivariables iiare iihighly iinegatively iicorrelated, iithe iicorrelation iicoefficient iiwill
iibe ii______________
Close iito ii0
Close iito ii1
Close iito ii10
Close iito ii-1 ii- iiAnswers ii-Close iito ii-1
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