Wpc 300 final - Study guides, Class notes & Summaries

WPC 300 Final Written Exam 2024/2025 (questions 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 metho...

WPC 300 Final Exam (Darcy)/110 Questions and answers

WPC 300 Final Exam Questions 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 Criti...

WPC 300 Final Exam review Questions and Answers

WPC 300 final Questions and answers 2024/2025 QUIZ ONE - CORRECT ANSWERGamblers' fallacy is ______________ Framing effect bias A Zero risk bias A clustering illusion An endowment effect bias - CORRECT ANSWER-A clustering illusion When you keep eating the food you don't like precisely because you already bought the food, you are committing _______________ Endowment effect bias Sunk-cost fallacy Zero risk bias Availability heuristics bias - CORRECT ANSWER-Sunk-cost fallacy ______...

WPC 300 Final Exam () || Complete Questions & Answers (Rated A+) WPC 300 Final Exam () || Complete Questions & Answers (Rated A+) Standard deviation of a normal data distribution is a _______. -measure of data shape -measure of data dispersion -measure of data quality -measure of data centrality - ANSWER - measure of data dispersion According to statistical notation, what does ∑ stand for? -to act as a summation operator -to represent sample statistics -to represent the number o...

WPC 300 Final Exam || With Questions & Answers (Rated A+) WPC 300 Final Exam || With Questions & Answers (Rated A+) What step of the bullet proof problem solving helps avoid making common decision-making biases? - ANSWER - Step 4: Build a work plan and time table Rule of 72 - ANSWER - The number of years it takes for a certain amount to double in value is equal to 72 divided by its annual rate of interest. Expected value - ANSWER - the average of each possible outcome of a future ev...

Study for WPC 300 final exam Q&A Heuristic - CORRECT ANSWER-Learns by acting Uses trial and error Values experience, effort reduction Relies on common sense Seeks satisficing solution Fast and frugal May lead to decision biases! analytics - CORRECT ANSWER-developing actionable decisions or rec for action based on insights from histroical data -combo of computer tech, mgt sci techniques, and states to solve real problems -sports analytics, tinder descriptive - CORRECT ANSWER-...

WPC 300 Final Exam (2024) || All Questions & Answers (100% Accurate) WPC 300 Final Exam (2024) || All Questions & Answers (100% Accurate) Which are useful principles for data visualization? - ANSWER - The graph suggests a possible true effect The central limit theorem states that even if the population is not normally distributed, the - ANSWER - distribution of the sample mean will still be normal when the sample size is large Which of the following is a Type-I error? - ANSWER - The...