Question 1

What are forecasts?

Accepted Answer

A)   Statements about what will happen or might happen in the future such as future sales or employee turnover
B)   Statistical processes 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)   Statistical processes for estimating the relationships among variablesE) B) and C)
F) A) and D)

Question 2

Data visualization tools move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more.

Accepted Answer

A) True 
 B)False

Question 3

What is web analytics?

Accepted Answer

A)   The analysis of text flowing across the Internet, including unstructured text from blogs and messages
B)   The analysis of recorded calls to gather information-brings structure to customer interactions and exposes information buried in customer contact center interactions with an enterprise
C)   The analysis of unstructured data to find trends and patterns in words and sentences
D)   The analysis of unstructured data associated with websites to identify consumer behavior and website navigationE) All of the above
F) B) and D)

Question 4

What is a data value that is numerically distant from most of the other data points in a set of data?

Accepted Answer

A)   Fast data
B)   Outlier
C)   Analysis paralysis
D)   CubeE) B) and C)
F) A) and C)

Question 5

What is a business analytics specialist who uses visual tools to help people understand complex data?

Accepted Answer

A)   Distributed computing specialist
B)   Data processor
C)   Data scientist
D)   Data artistE) C) and D)
F) B) and D)

Question 6

Which of the following reveals the relationship between variables along with the nature and frequency of the relationship?

Accepted Answer

A)   Affinity grouping analysis
B)   Masking detection tool
C)   Cluster grouping
D)   Blocking barriersE) C) and D)
F) B) and C)

Question 7

Big data is a collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools.

Accepted Answer

A) True 
 B)False

Question 8

In terms of big data, what includes the analysis of streaming data as it travels around the Internet?

Accepted Answer

A)   Variety
B)   Veracity
C)   Volume
D)   VelocityE) All of the above
F) A) and C)

Question 9

Which of the following reveals the relationship between variables along with the nature and frequency of the relationship?

Accepted Answer

A)   Classification
B)   Estimation
C)   Affinity grouping analysis
D)   ClusteringE) A) and B)
F) None of the above

Question 10

Velocity includes the analysis of streaming data as it travels around the Internet.

Accepted Answer

A) True 
 B)False

Question 11

In terms of big data, what includes the scale of data?

Accepted Answer

A)   Variety
B)   Veracity
C)   Volume
D)   VelocityE) All of the above
F) C) and D)

Question 12

What are predictions based on time-series information?

Accepted Answer

A)   Prediction
B)   Optimization
C)   Forecasting
D)   RegressionE) A) and B)
F) B) and C)

Question 13

Classification organizes data or information into predefined groups.

Accepted Answer

A) True 
 B)False

Question 14

Speech analytics is heavily used in the customer service department to help improve processes by identifying angry customers and routing them to the appropriate customer service representative.

Accepted Answer

A) True 
 B)False

Question 15

What describes technologies that allow users to "see" or visualize data to transform information into a business perspective?

Accepted Answer

A)   Informing
B)   Infographics
C)   Data visualization
D)   Business intelligence dashboardsE) A) and C)
F) A) and B)

Question 16

What is another term for data that does not exist in a fixed location?

Accepted Answer

A)   Structured data
B)   Unstructured data
C)   Text mining
D)   Web miningE) None of the above
F) A) and C)

Question 17

What is a statistical process for estimating the relationships among variables?

Accepted Answer

A)   Prediction
B)   Optimization
C)   Forecasting
D)   RegressionE) B) and C)
F) All of the above

Question 18

Estimation analysis determines which things go together.

Accepted Answer

A) True 
 B)False

Question 19

Forecasts are predictions based on time-series information.

Accepted Answer

A) True 
 B)False

Question 20

Clustering segments a heterogeneous population of more homogeneous subgroups.

Accepted Answer

A) True 
 B)False

Exam 8: Understanding Big Data and Its Impact on Business

Data visualization tools move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more.

Correct AnswerverifiedShow Answer

Clustering segments a heterogeneous population of more homogeneous subgroups.

Correct AnswerverifiedShow Answer

Which of the following reveals the relationship between variables along with the nature and frequency of the relationship?

Correct AnswerverifiedShow Answer

Which of the following reveals the relationship between variables along with the nature and frequency of the relationship?

Correct AnswerverifiedShow Answer

Classification organizes data or information into predefined groups.

Correct AnswerverifiedShow Answer

Estimation analysis determines which things go together.

Correct AnswerverifiedShow Answer

What is a business analytics specialist who uses visual tools to help people understand complex data?

Correct AnswerverifiedShow Answer

Speech analytics is heavily used in the customer service department to help improve processes by identifying angry customers and routing them to the appropriate customer service representative.

Correct AnswerverifiedShow Answer

Big data is a collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools.

Correct AnswerverifiedShow Answer

What is web analytics?

Correct AnswerverifiedShow Answer

Velocity includes the analysis of streaming data as it travels around the Internet.

Correct AnswerverifiedShow Answer

What is a statistical process for estimating the relationships among variables?

Correct AnswerverifiedShow Answer

What is another term for data that does not exist in a fixed location?

Correct AnswerverifiedShow Answer

What describes technologies that allow users to "see" or visualize data to transform information into a business perspective?

Correct AnswerverifiedShow Answer

In terms of big data, what includes the scale of data?

Correct AnswerverifiedShow Answer

What are forecasts?

Correct AnswerverifiedShow Answer

In terms of big data, what includes the analysis of streaming data as it travels around the Internet?

Correct AnswerverifiedShow Answer

What are predictions based on time-series information?

Correct AnswerverifiedShow Answer

Forecasts are predictions based on time-series information.

Correct AnswerverifiedShow Answer

What is a data value that is numerically distant from most of the other data points in a set of data?

Correct AnswerverifiedShow Answer

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