Wpc 300 final Study guides, Class notes & Summaries

WPC 300 Final Exam Questions & Answers 2023/2024 For a normal distribution mean is _______ to median. -not equal -greater than -equal -less than - ANSWER-equal Which of the following describes a positively skewed histogram? -a histogram with large kurtosis -a histogram for which mean and mode values are the same. -a histogram that tails off towards the right -a histogram that has no fluctuation in mass - ANSWER--a histogram that tails off towards the right Which of the followi...

WPC 300 FINAL EXAM WITH CORRECT 90+ QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 ALREADY GRADED A+

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 Review (2024) || Questions & Answers (Graded A+) WPC 300 Final Exam Review (2024) || Questions & Answers (Graded A+) What does R^2=0.694 mean? - ANSWER - Means that the regression model explains 69.4% of the observed variation of the response data around its mean Logistic Regression - ANSWER - used to describe data and to explain the relationship between one dependent binary variable and one or more nominal, ordinal, interval, or ratio-level independent variable Bi...

analytics : the process of developing actionable decisions or recommendations for actions based upon insights generated from historical data primary data : data collected specifically for the research problem at hand (ex: survey, interviews) secondary data : data collected for some purpose other than the problem at hand (ex: firm's proprietary data, internet data, stock/capital market data) stimulated data : data based on assumption and simulation importance of data visualization ...

WPC 300 Final Exam Review (2023/24) || All Questions & 100% Accurate Solutions WPC 300 Final Exam Review (2023/24) || All Questions & 100% Accurate Solutions An _________will actually do classification, regression, clustering, or association - ANSWER - Algorithm Supervised Learning - ANSWER - Learn with a labeled dataset • "Correct answer" is provided so there is an output variable • Data will be separated into training dataset and test dataset (or validation dataset) Unsupervis...

WPC 300 Final Exam 2024/2025 latest questions and answers perform business discovery - CORRECT ANSWER-In an agile approach of analytics what is the first step of the process? data warehouse - CORRECT ANSWER-In an ETL process, data is loaded into a final target database such as: prescriptive analytics - CORRECT ANSWER-Which of the following data analysis models use optimization techniques? Prescriptive Analytics - CORRECT ANSWER-Predictive analytics may be applied to __________, whi...

WPC 300 Final Exam Practice questions and answers 2024/2025 latest In an agile approach of analytics what is the first step of the process? - CORRECT ANSWER-Perform business discovery In an ETL process, data is loaded into a final target database such as: - CORRECT ANSWER-Data warehouse What are the four types of data analytical method? - CORRECT ANSWER-Descriptive, explanatory, predictive and prescriptive Which of the following is an example of secondary data? - CORRECT ANSWER-Firm...

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 ______...

In an agile approach of analytics what is the first step of the process? : perform business discovery In an ETL process, data is loaded into a final target database such as: : data warehouse Which of the following data analysis models use optimization techniques? : prescriptive analytics Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts to identify the decisions most likely to result in the best performance. : Presc...