Descriptive analytics - Study guides, Class notes & Summaries

TEST BANK BUSINESS ANALYTICS 2nd EDITION James R. Evans 2024 || All Chapters A+ Business Analytics (Evans) Chapter 1 Introduction to Business Analytics 1) Descriptive analytics: A) can predict risk and find relationships in data not readily apparent with traditional analyses. B) helps companies classify their customers into segments to develop specific marketing campaigns. C) helps detect hidden patterns in large quantities of data to group data into sets to predict behavior. D) can use...

WGU D491 Introduction to Analytics Actual Questions and Answers 100% Correct What is Data analytics? -The process of encrypting data to keep it secure -The process of storing data in a secure location for future use -The process of analyzing data to extract insights -The process of collecting data from various sources Ans- The process of analyzing data to extract insights. (Data analytics involves analyzing data to extract insights and inform decision-making. This includes using vario...

Complete Test Bank for Business Statistics and Analytics in Practice, 9th Edition by Bruce L. Bowerman, Richard T. O'Connell, Emily S. Murphree ; ISBN13: 9781260287844. (Full Chapters included Chapter 1 to 19)....Chapter 1 An Introduction to Business Statistics and Analytics Chapter 2 Descriptive Statistics and Analytics: Tabular and Graphical Methods Chapter 3 Descriptive Statistics and Analytics: Numerical Methods Chapter 4 Probability and Probability Models Chapter 5 Predictive Analytics...

Test Bank for Introduction to Business Analytics, 1e 1st Edition by Vernon Richardson, Marcia Watson. Full Chapters test bank included Chapter 1: Specify the Question: Using Business Analytics to Address Business Questions Chapter 2: Obtain the Data: An Introduction to Business Data Sources Chapter 3: Analyze the Data: Basic Statistics and Tools Required in Business Analytics Chapter 4: Analyze the Data: Exploratory Business Analytics (Descriptive Analytics and Diagnostic A...

Test Bank for Information Technology for Management: Driving Digital Transformation to Increase Local and Global Performance, Growth and Sustainability, 12th Edition 12e by Efraim Turban, Carol Pollard, Gregory Wood. Full Chapters test bank are included - Chapter 1 to 14 CHAPTER 1: Digital Transformation Disrupts Companies, Competition, and Careers Locally and Globally Introduction 1.1 Doing Business in the On-Demand and Sharing Economies 1.2 Business Process Improvement and Competition 1...

WGU D491 Introduction to Analytics Actual Questions and Answers 100% Correct What is Data analytics? -The process of encrypting data to keep it secure -The process of storing data in a secure location for future use -The process of analyzing data to extract insights -The process of collecting data from various sources Ans- The process of analyzing data to extract insights. (Data analytics involves analyzing data to extract insights and inform decision-making. This includes using vario...

Analytics - ANSWER the scientific process of transforming data into insight for making better decisions Descriptive Analytics - ANSWER Analytical techniques that describe what has happened in the past. Predictive Analytics - ANSWER Analytical techniques that use models constructed from past data to predict the future or assess the impact of one variable on another. Prescriptive Analytics - ANSWER Analytical techniques that yield a course of action. Big Data - ANSWER A set of data that can...

TEST BANK for Business Analytics 3rd Edition by Evans James. ISBN 9780135231906 _TABLE OF CONTENTS_ 1. Introduction to Business Analytics o Appendix A1: Basic Excel Concepts 2. Database Analytics 3. Data Visualization o Appendix A3: Additional Windows Tools for Data Visualization and Tableau Software 4. Descriptive Statistics o Appendix A4: Additional Excel Windows Charts for Descriptive Statistics 5. Probability Distributions and Data Modeling 6. Sampling and Estimation 7. Statistical Inference...

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...

MISY 5370 - midterm First development - correct answer technological advances, social networks and data generated from personal electronic devices produce incredible data Second development - correct answer • Advances in computational approaches to effectively handle and explore massive amounts of data • Faster algorithms for optimization and simulation, and • More effective approaches for visualizing data Third development - correct answer • The methodological developments wer...