Question: Question 1 The graphical representation of data and information using displays such as charts, graphs, and maps is referred to as _______________. a. data mining
Question 1
The graphical representation of data and information using displays such as charts, graphs, and maps is referred to as _______________.
Question 2
Which type of analytics involves the use of techniques such as data queries, reports, descriptive or summary statistics, and data visualization?
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| | c. Prescriptive analytics | | |
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Question 3
Which type of analytics consists of techniques that use mathematical models constructed from past data to predict future events or better understand the relationships between variables?
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| | b. Prescriptive analytics | | |
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Question 4
Which type of analytics involves the use of techniques such as mathematical optimization models, decision analysis, and heuristic or rule-based systems?
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| | d. Prescriptive analytics | | |
Question 5
The scientific process of transforming data into insights for making better decisions is referred to as _________.
Question 6
To describe what has happened, one would use ________________.
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| | d. prescriptive analytics | | |
Question 7
To suggest a decision or course of action, one would use ________________.
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| | c. prescriptive analytics | | |
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Question 8
To better understand the relationships between variables, one would use ________________.
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| | d. prescriptive analytics | |
Question 9
Data for which numerical values are used to indicate magnitude, such as how many or how much, are referred to as _____________.