Chunhua has been building financial forecasting models for the company for several years. For each model,...
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Chunhua has been building financial forecasting models for the company for several years. For each model, she saves all the data that could possibly be used in the model, even if she doesn't use all the data in her finished model. She does not document anything about the different items she has saved. When her Intern, Minsuh pulls the data, she cannot understand what all the fields mean. How would Minsuh most accurately describe the data? O A. The data contains metadata O B. The data is not part of the data warehouse O C. The data has become a data swamp D. The data is now dark data A data owner sends you an e-mail with a file to prepare for analysis. The file contains data from multiple database tables all merged into a single file. There are multiple fields in the file each separated by a "-" symbol. For fields that contain large amounts of text, the file contains a "+" at the beginning and end of the text field. Indicate which of the following best describes (1) the type of file the data owner sent, (2), what the "+" is called, and (3) what the "-" is called. O A. Flat file, text qualifier, delimiter O B. Relational database file, delimiter, text qualifier O C. Relational database file, text qualifier, delimiter O D. Flat file, delimiter, text qualifier 3 tries left Check each item listed below that is part of the process for transforming data. A. Standardize, structure, and clean the data B. Validate data quality and verify data meets data requirements C. Document the transformation process D. Understand the data and the desired outcome Which of the following is the best example of correlation not being the same as causation? O A. A company pays sales employees more for each sale and each employee starts selling more goods. The company concludes that paying employees more for a sale causes employeesto sell more items. B. After a poorly performing quarter, a company sends out coupons in the mail and sees an increase in sales. The company concludes that sending coupons causes sales to increase. O C. A company redesigns a production process and afterwards it takes less time to produce products. The company concludes that redesigning processes causes production efficiency gains. D. During an economic downturn, a company changes its computer policy to only allow purchases of windows-based laptops and see profits go down. The company concludes that windows-based laptops cause profits to go down. Before becoming the CEO, Kurt designed a new toy for the company. Although the sales of the new toy are the same as other toys in the company, the CEO gives employees in the new toy division a reward and bonus. The CEO is likely showing what? O A. A data sharing error B. Correlation can be causation O C. A confirmation bias D. A data analysis error 3 tries left The process of translating complex data into easier to understand terms is called O A. data storytelling Ques B. data dashboard C. data visualization D. data transformation Chunhua has been building financial forecasting models for the company for several years. For each model, she saves all the data that could possibly be used in the model, even if she doesn't use all the data in her finished model. She does not document anything about the different items she has saved. When her Intern, Minsuh pulls the data, she cannot understand what all the fields mean. How would Minsuh most accurately describe the data? O A. The data contains metadata O B. The data is not part of the data warehouse O C. The data has become a data swamp D. The data is now dark data A data owner sends you an e-mail with a file to prepare for analysis. The file contains data from multiple database tables all merged into a single file. There are multiple fields in the file each separated by a "-" symbol. For fields that contain large amounts of text, the file contains a "+" at the beginning and end of the text field. Indicate which of the following best describes (1) the type of file the data owner sent, (2), what the "+" is called, and (3) what the "-" is called. O A. Flat file, text qualifier, delimiter O B. Relational database file, delimiter, text qualifier O C. Relational database file, text qualifier, delimiter O D. Flat file, delimiter, text qualifier 3 tries left Check each item listed below that is part of the process for transforming data. A. Standardize, structure, and clean the data B. Validate data quality and verify data meets data requirements C. Document the transformation process D. Understand the data and the desired outcome Which of the following is the best example of correlation not being the same as causation? O A. A company pays sales employees more for each sale and each employee starts selling more goods. The company concludes that paying employees more for a sale causes employeesto sell more items. B. After a poorly performing quarter, a company sends out coupons in the mail and sees an increase in sales. The company concludes that sending coupons causes sales to increase. O C. A company redesigns a production process and afterwards it takes less time to produce products. The company concludes that redesigning processes causes production efficiency gains. D. During an economic downturn, a company changes its computer policy to only allow purchases of windows-based laptops and see profits go down. The company concludes that windows-based laptops cause profits to go down. Before becoming the CEO, Kurt designed a new toy for the company. Although the sales of the new toy are the same as other toys in the company, the CEO gives employees in the new toy division a reward and bonus. The CEO is likely showing what? O A. A data sharing error B. Correlation can be causation O C. A confirmation bias D. A data analysis error 3 tries left The process of translating complex data into easier to understand terms is called O A. data storytelling Ques B. data dashboard C. data visualization D. data transformation
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First Question Option C is the correct answer The data has become a data swamp as the data does not have any documentation associated with it and due ... View the full answer
Related Book For
Business Law Principles and Practices
ISBN: 978-1133586562
9th edition
Authors: Arnold J. Goldman, William D. Sigismond
Posted Date:
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