Wpc 300 exam - Study guides, Class notes & Summaries

WPC 300 Exam Questions & Answers 2023/2024 Section A - ANSWER-Instructions: Use the following data file for this section Section A-Data [Dataset # 1]Preview the document Remember the honor code. This section is worth a total of 37.5 points. In addition to responding to multiple-choice questions, you need to submit an updated data file with your name appended to the front of the filename (e.g. firstname_lastname_filename). Create 2 new columns as follows: The first new column sh...

For a normal distribution mean is ___ to median - Answer-equal Standard deviation of a normal distribution is a ___? - Answer-Measure of data dispersion Which of the following is an example of a measure of dispersion? - Answer-Variance Which of the following is an example of a sample? - Answer-The number of IT employees out of all employees working in an office of Google Which of the following describes the standard deviation? - Answer-it is the square root of the variance The dif...

what makes analytics science - Answer-Analytics is science because Data analytics means Applying scientific methods to the collections and analyses of data, using appropriate methodology, to reveal previously-unknown information and this process is science. characteristics of science - Answer-Questioning, exploring, observing, comparing, measuring, experimenting, discovering Science - Answer-The intellectual and practical activity encompassing the systematic study of the structure and beha...

WPC 300 EXAM QUESTIONS & ANSWERS 2023/2024 what is analytics? - ANSWER--Analytics is the process of developing actionable decisions or recommendations for actions based on insights generated from historical data -According to the Institute for Operations Research and Management Science (INFORMS) -Analytics represents the combination of computer technology, management science techniques, and statistics to solve real problems. Agile Approach * - ANSWER-perform business discovery- what is...

WPC 300 Exam 1 Questions & Answers 2023/2024 Anchoring bias - ANSWER-Over-reliant on the first piece of information is called Gamblers' fallacy is ____________. - ANSWER-a clustering illusion Which of the following is an example of secondary data? - ANSWER-Firm's proprietary data In an agile approach of analytics what is the first step of the process? - ANSWER-perform business discovery Predictive analytics may be applied to __________, which is a set of techniques that use de...

Which of the following violates the principle of data visualization? - Answer-The data-ink ratio should be higher than 1 When the lie-factor of a graphical chart is more than 1, - Answer-the size of the effect shown in the graph is bigger than the actual effect in the data. In for a chart to minimize graphical complexity, the data-ink ratio must be: - Answer-close to 1 Which are useful principles for data visualization? - Answer-The graph suggests a possible true effect Visualization...

WPC 300 Exam prep Questions and answers A+ Scores

WPC 300 Final Exam Questions and Answers

WPC 300 FINAL EXAM 2024/2025 TEST BANK WITH 100+ PRACTICE QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS) WPC 300 FINAL EXAM 2024 (LATEST) Target is examining their online sales data during the pandemic to understand what happened. Which kind of analytical technique are they using? - ANSWERDescriptive analytics Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs. Which kind of analytical...