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Question 2
It focuses on past performance to determine the answer to the questions like why it is happening.
Response: Diagnostic analytics
Score: 1 out of 1 Yes
Question 3
It is an analytics that uses past data to determine the impact of one variable on another.
Response: Predictive analytics
Score: 1 out of 1 Yes
Question 4
It uses analytics tools that describe what happened in the past.
Response: Descriptive analytics
Score: 1 out of 1 Yes
Question 5
An analytical model that shows the best decision among alternative solutions.
Response: Prescriptive analytics
Score: 1 out of 1 Yes
Question 6
The 4 Vs of big data are:
Response: volume, variety, velocity, veracity
Score: 1 out of 1 Yes
Question 7
It is a decision on how to run the day-to-day operation of the organization.
Response: Operational decision
Score: 1 out of 1 Yes
Question 8
Which of these satisfies volume?
Response: A single clinic's file
Score: 0 out of 1 No
Question 9
It is data-driven decision-making approach
Response: Business analytics
Score: 1 out of 1 Yes
Question 10
What best sums up veracity?
Response: That information is reliable
Score: 0 out of 1 No
Question 11
Briefly discuss ETL and the role of data marts in business.
Response:
Score: not graded yet
Question 12
Any set of data that is too large or too complex to handle
Response: big data
Score: 1 out of 1