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WPC 300 Final Exam (Darcy) question and answers

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WPC 300 Final Exam (Darcy) question and answers

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  • November 18, 2024
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  • Exam (elaborations)
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BravelRadon
WPC 300 Final Exam (Darcy) question
and answers

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 - correct answer ✔✔Perform business discovery



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



Operational dashboard

Public database

Social media database

Data warehouse - correct answer ✔✔Data warehouse



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 - correct answer ✔✔Descriptive, explanatory,
predictive and prescriptive



Which of the following is an example of secondary data?



Simulated data

,Survey data

Interview data

Firm's proprietary data - correct answer ✔✔Firm's proprietary data



Which of the following data analysis models use optimization techniques?



Prescriptive analytics

Predictive analytics

Descriptive analytics

Diagnostic analytics - correct answer ✔✔Prescriptive analytics



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

Descriptive analytics

Explanatory analytics

Forecast analytics - correct answer ✔✔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

Prescriptive analytics

Forecast analytics

Predictive analytics - correct answer ✔✔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

Descriptive analytics

Prescriptive analytics

Explanatory analytics - correct answer ✔✔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?



Predictive analytics

Explanatory analytics

Descriptive analytics

Prescriptive analytics - correct answer ✔✔Prescriptive analytics



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? - correct answer ✔✔All of the answer
selections are correct.



Which of the following describes a positively skewed histogram?



a histogram for which mean and mode values are the same.

a histogram that has no fluctuation in mass

a histogram with large kurtosis

a histogram that tails off towards the right - correct answer ✔✔a histogram that tails off towards the
right

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