Data analytics midterm - Study guides, Class notes & Summaries

Business Problems How much to produce, How much to buy, When to open the store, What products to promote? Decision making types Strategic decisions, Tactical (managerial) decisions, and operational decisions Strategic decisions A decision that involves higher-level issues and that is concerned with the overall direction of the organization, defining the overall goals and aspirations for the organization's future. Tactical (Managerial) decisions A decision concerned with how the organizat...

MIS 301 Midterm 1 Question and answer rated A+ 2024 T/F: The rise of open source software has lowered computing costs for startup and blue-chip companies worldwide - correct answer true T/F: Data analytics and business intelligence are driving discovery and innovation - correct answer true T/F: Facebook was founded by Sergey Brin - correct answer false T/F: Many of the careers in marketing are highly tech-centric - correct answer true T/F: Firms are increasingly shifting sp...

OMIS Midterm Prep Questions with complete solution OMIS Midterm Prep Decision making process - correct answer 1. Identify the problem 2. determine criteria used to evaluate alternatives 3. determine alternatives 4. evaluate alternatives 5. Choose alternative Types of decisions - correct answer 1. Strategic - high level 2. Tactical - med level 3. Operational - day to day two factors that make decision making difficult - correct answer 1. Uncertainty 2. Overwhelming number...

UGBA 104 Excel Midterm 1 Exam with Correct Answers 100% decision analysis - CORRECT ANSWER-Definition: A technique used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events. Internet of Things (IoT) - CORRECT ANSWER-Definition: The technology that allows data collected from sensors in all types of machines to be sent over the Internet to repositories where it can be stored and analyzed. optimization mode...

©THESTAR EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 | P a g e CSE 511 Midterm Exam Questions With Verified And Updated Answers Big data - answervolume of available data is huge. data keeps growing at staggering rate. data comes from variety of sources in totally different formats Scalable data processing allows database processing systems to cope with the _______, ________, and _________ aspects that big data brings into the system - answervolume, velocity, variety Best data proc...

PHM113: Pharmacy Informatics Midterm Questions And Answers 100% Correct Are you ready to study lecture 1 content (intro)? YES! :) What is pharmacy informatics? Field focusing on how medication-related data and knowledge is acquired, stored, and used within healthcare systems in the delivery of optimal medication-related outcomes (through the use of technology) What are the FIVE areas of responsibility in pharmacy informatics 1) information management 2) change management 3) data anal...

QMB 3200 MIDTERM UCF EXAM 2024 WITH ACTUAL QUESTIONS AND COMPLETE 100%CORRECT ANSWERS WITH VERIFIED AND WELL EXPLAINED RATIONALES ALREADY GRADED A+ BY EXPERTS |LATEST VERSION 2024 WITH GUARANTEED SUCCESS AFTER DOWNLOAD ALREADY PASSED!!!!!!! (PROVEN ITS ALL YOU NEED TO EXCEL IN YOUR EXAMS Predictive Analytics uses statistical models from past data to predict the future [forecasting] or access the impact of one variable on another [inference] Prescriptive Analytics uses models seeking to find...

Midterm Exam: NR 599 / NR599 (Latest 2023/ 2024) Nursing Informatics for Advanced Practice Exam Review| Guide with Verified Solutions- Chamberlain Q Strategic Self-Improvement Plan Answer: Assess and Analyze, Define and Prioritize Your Goals, Set Milestones, Take Action, Review Your Progress. Q Nursing Education for the Healthcare Informatics (NEHI) Model Answer: Target ed to advanced practice care delivery and is composed of three main content domains (a) patient...

MISY5370-Data Mining & Predictive Analytics Midterm questions and answers certified 2024

UGBA 104- Excel Midterm 1decision analysis - correct answer Definition: A technique used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events. Internet of Things (IoT) - correct answer Definition: The technology that allows data collected from sensors in all types of machines to be sent over the Internet to repositories where it can be stored and analyzed. optimization models - correct answer Definition: A...