Data mining is considered - Study guides, Class notes & Summaries

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

True & False The objective of SOL performance tuning on the client side is to generate an SOL query that returns the correct answer in the least amount of time, using the maximum amount of resources on the server side All database transactions must display at least the properties of Atomicity, consistency, convenience, and isolation Database recovery techniques are based on the isolation transaction property which indicate that the data used during execution of a transaction cannot...

Insurers can benefit from - Answer-A framework they can use to approach problems through data analysis The important first step in a decision-making model is to - Answer-Define the problem Which one of the following is a way that insurers and risk managers can use data science to improve their results through data-driven decision making? - Answer-Discovering new relationships in data The first step in the data mining process is to - Answer-Understand what a business wants to achieve Which ...

What is data science? - Answer-Field of data analytics How does data science apply to risk management and insurance? - Answer-Offers business solutions via data analytics What is the role of a data scientist? - Answer-Manage and analyze large amounts of data What skills are necessary for managing data in insurance? - Answer-Education and skills in evaluating data Why is additional training in data science important for insurance professionals? - Answer-To effectively apply data analytics ...

Amanda is measuring the temperature. She looks at the thermometer and sees that it is somewhere between 65 and 66 degrees Fahrenheit. She is okay with the temperature in between two integers because she knows temperature is not ________ data, but temperature is _________ data.  a) Nominal, Ordinal  b) Nominal, Discrete  c) Continuous, Discrete  d) Discrete, Continuous Feedback: The correct answer is D. Temperature is not a measure that comes in increments (discrete) but is co...

WGU D204 Practice Exam Questions and Answers Latest Updated 2024/2025 Scored A+. Identifying business needs Which activity does an analyst perform in the discovery phase of the data analytics life cycle? a. Collecting Data b. Cleaning Data c. Identifying outliers d. Identifying business needs Data Exploration In which phase of the data analytics life cycle does an analyst build a histogram? a. Data acquisition b. Data exploration c. Discovery d. Predictive modeling Exploratory data a...

Data Mining focusing on producing a solution that generates useful forecasting through a four phase process 1. Problem identification 2. Exploration of the data 3. Pattern discovery 4. Knowledge deployment—application to new data to forecast or generate predictions Data Mining facilitates data exploration; -Resulting knowledge discovery fosters proactive, knowledge driven decision making Exploratory Data Analysis (EDA) Pattern discovery is a complex phase of data mining. -Y...

C841- Task-2 Running head: TECHFITE CASE STUDY LEGAL ANALYSIS:C841: Legal Issues in Information Security.  A1: Discussion of Ethical Guidelines or Standards: In regards to the TechFite case study, there are a number of relevant information security moral principles. First, all sensitive or proprietary information encountered on the job should be treated with respect and kept private. Second, professional responsibilities are to be discharged with integrity and diligence in accordance wit...

GED Test 740 Questions with Verified Answers "WOW! Mom rides a kayak at noon." How are the underlined words alike? - CORRECT ANSWER They are palindromes Who was the author of Common Sense: Thomas Paine or Thomas Jefferson? - CORRECT ANSWER Thomas Paine What is NOT a real shark: hammerhead, shovelhead, or tigerhead? - CORRECT ANSWER tigerhead What is the force that slows down an object or stops its motion? - CORRECT ANSWER friction Which is greater than 90 degrees: an acute angle...

WGU D204 Exam Questions & Answers Latest Updated 2024/2025 | Scored A+. What questions will data analytics consider improving 10% market share value to open new store in a different location? a. Get list of geographic areas b. Reduce staff pay by 10% c. Check compatible market value d. None of the above - ANSWER-C Check compatible market value A data set has K variables, and the classifying method has the following steps: compare levels on nearby data, assign a new case to a category of n...