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Affinity grouping analysis reveals the relationship between variables along with the nature and frequency of the relationship.

A) True
B) False

Correct Answer

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Optimization is a statistical process for estimating the relationships among variables.

A) True
B) False

Correct Answer

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What is regression?


A) A statement about what will happen or might happen in the future such as future sales or employee turnover
B) A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste
C) Predictions based on time-series information
D) A statistical process for estimating the relationships among variables

E) A) and B)
F) A) and C)

Correct Answer

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In terms of big data, what is volume?


A) Different forms of structured and unstructured data
B) Uncertainty of data, including biases, noise, and abnormalities
C) Scale of data
D) Analysis of streaming data as it travels around the Internet

E) B) and D)
F) A) and D)

Correct Answer

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Prediction is a statement about what will happen or might happen in the future such as future sales or employee turnover.

A) True
B) False

Correct Answer

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What move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more?


A) Informing
B) Infographics
C) Data visualization tools
D) Business intelligence dashboards

E) A) and B)
F) All of the above

Correct Answer

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What are the two main objectives associated with data mining?


A) Uncovering tactics and plans
B) Uncovering trends and patterns
C) Uncovering intelligence and unstructured data issues
D) Uncovering competitors and market advantages

E) A) and B)
F) All of the above

Correct Answer

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Which of the following use a variety of techniques to find patterns and relationships in large volumes of information that predict future behavior and guide decision making?


A) Data analysis tools
B) Electronic analysis tools
C) Data-mining tools
D) Data integrity tools

E) C) and D)
F) A) and B)

Correct Answer

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What is distributed computing?


A) Processes and manages algorithms across many machines in a computing environment
B) Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization
C) Occurs when the user goes into an emotional state of over-analyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome
D) A business analytics specialist who uses visual tools to help people understand complex data

E) A) and D)
F) A) and C)

Correct Answer

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What is the application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value?


A) Fast data
B) Outlier
C) Analysis paralysis
D) Cube

E) A) and D)
F) All of the above

Correct Answer

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Volume includes the scale of data.

A) True
B) False

Correct Answer

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Distributed computing focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.

A) True
B) False

Correct Answer

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Infographics (information graphics) display information graphically so it can be easily understood.

A) True
B) False

Correct Answer

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What is fast data?


A) Processes and manages algorithms across many machines in a computing environment
B) A data value that is numerically distant from most of the other data points in a set of data
C) Occurs when the user goes into an emotional state of over-analysis (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome
D) The application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value

E) C) and D)
F) B) and D)

Correct Answer

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What can help uncover correlations and trends in data that would otherwise go unrecognized?


A) Informing
B) Infographics
C) Data visualization tools
D) Business intelligence dashboards

E) None of the above
F) A) and B)

Correct Answer

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Which of the following forms of data mining assigns records to one of a predefined set of classes?


A) Clustering analysis
B) Classification analysis
C) Estimation analysis
D) Affinity grouping analysis

E) C) and D)
F) B) and D)

Correct Answer

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Speech analytics is the process of analyzing recorded calls to gather information. It brings structure to customer interactions and exposes information buried in customer contact center interactions with an enterprise.

A) True
B) False

Correct Answer

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Association detection occurs when the user goes into an emotional state of over-analyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

A) True
B) False

Correct Answer

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What determines values for an unknown continuous variable behavior or estimated future value?


A) Classification
B) Estimation analysis
C) Affinity grouping
D) Clustering

E) All of the above
F) B) and D)

Correct Answer

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What displays information graphically so it can be easily understood?


A) Informing
B) Infographics
C) Data visualization
D) Business intelligence dashboards

E) A) and B)
F) A) and C)

Correct Answer

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Showing 21 - 40 of 125

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