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


A) Prediction
B) Optimization
C) Forecasting
D) Regression

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

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


A) Variety
B) Veracity
C) Volume
D) Velocity

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

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Clustering assigns records to one of a predefined set of classes.

A) True
B) False

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Web analytics analyzes unstructured data to find trends and patterns in words and sentences.

A) True
B) False

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In terms of big data, what includes different forms of structured and unstructured data?


A) Variety
B) Veracity
C) Volume
D) Velocity

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

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 D)
F) C) and D)

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Estimation determines which things go together.

A) True
B) False

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


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

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

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What is advanced analytics?


A) A collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools.
B) Processes and manages algorithms across many machines in a computing environment.
C) Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.
D) Extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information.

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

Correct Answer

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What analyzes text flowing across the Internet, including unstructured text from blogs and messages?


A) Social media analytics
B) Speech analytics
C) Text analytics
D) Web analytics

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

Correct Answer

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


A) Distributed computing
B) Advanced analytics
C) Analysis paralysis
D) Data artist

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

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Variety includes different forms of structured and unstructured data.

A) True
B) False

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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) None of the above
F) All of the above

Correct Answer

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What processes and manages algorithms across many machines in a computing environment?


A) Distributed computing
B) Advanced analytics
C) Analysis paralysis
D) Data artist

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

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Define data mining and explain the three common forms for mining structured and unstructured data.

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Data mining is the process of analyzing ...

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What is an example of using cluster analysis in business to create target-marketing strategies?


A) Google search
B) First name information
C) Zip code segmentation
D) Last name associations

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

Correct Answer

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Advanced analytics processes and manages algorithms across many machines in a computing environment.

A) True
B) False

Correct Answer

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In terms of big data what is velocity?


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

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 the technique used to divide information sets into mutually exclusive groups such that the members of each group are as close together as possible to one another and the different groups are as far apart as possible?


A) Statistical detection
B) Cluster analysis
C) Association detection
D) Social media analytics

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

Correct Answer

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