Business analytics ex - Study guides, Class notes & Summaries

Business Analytics Exam 1 (2024) || All Questions & Solutions (Graded A+) Business Analytics Exam 1 (2024) || All Questions & Solutions (Graded A+) Business Analytics - ANSWER - is the use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about their business operations and make better, fact-based decisions. Types of applications that can enhance by using analytics - ANSWE...

Business Analytics Exam Guide Questions and CORRECT Answers What is the difference between analyzing residual plots for single variable regression models and analyzing residual plots for multiple regression models - Ans Single variable regression plots give insight into the gross relationship between the independent and dependent variable, whereas multiple regression plots give insight into the net relationship, controlling for the other independent variables included in the regression...

Business Analytics Exam 1 (WMD/R) WMD refers to - ANSWER-Weapons of Math Destruction What are the characteristics of WMD algorithms (select all the correct answers). - ANSWER-Opacity, Scalability, Damaging power A model's success or design depends upon the underlying priorities and assumptions which ______ over time, and ____________ from person to person. - ANSWER-change, vary What is meant by "collateral" in damage inflicted by WMDs? - ANSWER-People caught up in the "error" caused...

WMD refers to - ANSWER-Weapons of Math Destruction What are the characteristics of WMD algorithms (select all the correct answers). - ANSWER-Opacity, Scalability, Damaging power A model's success or design depends upon the underlying priorities and assumptions which ______ over time, and ____________ from person to person. - ANSWER-change, vary What is meant by "collateral" in damage inflicted by WMDs? - ANSWER-People caught up in the "error" caused by algorithms No model can includ...

Business Analytics Exam 2 Quizzes & Ans 100% Correct!!

CPCU 500 Exam Questions and Answers Managing Evolving Risks with Complete Solutions. Which one of the following statements about the use of drones is true? correct answers Drones may be equipped with cameras that relay data in real-time Which one of the following uses infrared light to detect nearby objects? correct answers Lidar AMRM Insurance Company sells insurance in Virginia, North Carolina, South Carolina, and Georgia. The company has compiled a policyowner data base that can be used ...

Business Analytics Exam 2 Quizzes & Ans 100% Correct!!

Chapter 1 - Answer-Data & Statistics Statistics - Answer-The art and science of collecting, analyzing, presenting, and interpreting data. statistics refers to - Answer-numerical facts such as averages, medians, percentages, and maximums that help us understand a variety of business and economic situations. Data - Answer-The facts and figures collected, analyzed, and summarized for presentation and interpretation. Data Set - Answer-All the data collected in a particular study. Elem...

MBA5008 APPLIED BUSINESS ANALYTICS EXAM Q & A WITH RATIONALES 2024

Chapter 1 - Answer-Data & Statistics Statistics - Answer-The art and science of collecting, analyzing, presenting, and interpreting data. statistics refers to - Answer-numerical facts such as averages, medians, percentages, and maximums that help us understand a variety of business and economic situations. Data - Answer-The facts and figures collected, analyzed, and summarized for presentation and interpretation. Data Set - Answer-All the data collected in a particular study. Elem...