Question 1

What occurs when the user goes into an emotional state of overanalyzing (or overthinking)  a situation so that a decision or action is never taken, in effect paralyzing the outcome?

Accepted Answer

A)  Analytical paradox
B)  Analytical analysis
C)  Analysis paralysis
D)  Analysis paradoxE) A) and B)
F) B) and D)

Question 2

Regression is a statistical process for estimating the relationships among variables.It includes many techniques for modeling and analyzing several variables when the focus is on the relationship between a dependent variable and one or more independent variables.

Accepted Answer

A) True 
 B)False

Question 3

Prediction is a statement about what will happen or might happen in the future such as future sales or employee turnover.

Accepted Answer

A) True 
 B)False  True

Question 4

What analyzes unstructured data associated with websites to identify consumer behavior and website navigation?

Accepted Answer

A)  Social media analytics
B)  Speech analytics
C)  Text analytics
D)  Web analyticsE) A) and D)
F) C) and D)

Question 5

What occurs when the user goes into an emotional state of over-analyzing (or over-thinking)  a situation so that a decision or action is never taken, in effect paralyzing the outcome?

Accepted Answer

A)  Distributed computing
B)  Advanced analytics
C)  Analysis paralysis
D)  Data artistE) C) and D)
F) A) and B)

Question 6

What is classification?

Accepted Answer

A)  Determination of the values for an unknown continuous variable behavior or estimated future value.
B)  Determination of which things go together.
C)  Segmentation of a heterogeneous population of more homogeneous subgroups.
D)  Assignment of records to one of a predefined set of classes.E) A) and D)
F) A) and C)

Question 7

Social media analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

Accepted Answer

A) True 
 B)False  False

Question 8

What is regression?

Accepted Answer

A)  A statement about what will happen or might happen in the future such as future sales or employee turnover.
B)  A statistical process 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)  A statistical process for estimating the relationships among variables.E) A) and B)
F) None of the above

Question 9

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

Accepted Answer

A)  Big data
B)  Distributed computing
C)  Advanced analytics
D)  Data scientistE) B) and D)
F) C) and D)

Question 10

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

Question 11

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 12

Association detection occurs when the user goes into an emotional state of overanalysis (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

Accepted Answer

A) True 
 B)False

Question 13

Infographics can present the results of large data analysis looking for patterns and relationships that monitor changes in variables over time.

Accepted Answer

A) True 
 B)False

Question 14

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 15

What is a statistical process 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?

Accepted Answer

A)  Prediction
B)  Optimization
C)  Forecasting
D)  RegressionE) B) and C)
F) None of the above

Question 16

Association detection reveals the relationship between variables along with the nature and frequency of the relationship.

Accepted Answer

A) True 
 B)False

Question 17

In terms of big data, what includes the uncertainty of data, including biases, noise, and abnormalities?

Accepted Answer

A)  Variety
B)  Veracity
C)  Volume
D)  VelocityE) C) and D)
F) A) and C)

Question 18

Web analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

Accepted Answer

A) True 
 B)False

Question 19

What is fast data?

Accepted Answer

A)  Processes and manages algorithms across many machines in a computing environment.
B)  A data value that is numerically distant from most of the other data points in a set of data.
C)  Occurs when the user goes into an emotional state of over-analysis (or over-thinking)  a situation so that a decision or action is never taken, in effect paralyzing the outcome.
D)  The application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value.E) C) and D)
F) All of the above

Question 20

What can help uncover correlations and trends in data that would otherwise go unrecognized?

Accepted Answer

A)  Informing
B)  Infographics
C)  Data visualization tools
D)  Business intelligence dashboardsE) B) and D)
F) None of the above

Exam 8: Understanding Big Data and Its Impact on Business

What occurs when the user goes into an emotional state of overanalyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome?

Correct AnswerverifiedShow Answer

Regression is a statistical process for estimating the relationships among variables.It includes many techniques for modeling and analyzing several variables when the focus is on the relationship between a dependent variable and one or more independent variables.

Correct AnswerverifiedShow Answer

Prediction is a statement about what will happen or might happen in the future such as future sales or employee turnover.

Correct AnswerverifiedTrue

What analyzes unstructured data associated with websites to identify consumer behavior and website navigation?

Correct AnswerverifiedShow Answer

What occurs when the user goes into an emotional state of over-analyzing (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome?

Correct AnswerverifiedShow Answer

What is classification?

Correct AnswerverifiedShow Answer

Social media analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

Correct AnswerverifiedFalse

What is regression?

Correct AnswerverifiedShow Answer

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

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 AnswerverifiedB

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

Association detection occurs when the user goes into an emotional state of overanalysis (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

Correct AnswerverifiedShow Answer

Infographics can present the results of large data analysis looking for patterns and relationships that monitor changes in variables over time.

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 a statistical process 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?

Correct AnswerverifiedShow Answer

Association detection reveals the relationship between variables along with the nature and frequency of the relationship.

Correct AnswerverifiedShow Answer

In terms of big data, what includes the uncertainty of data, including biases, noise, and abnormalities?

Correct AnswerverifiedShow Answer

Web analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

Correct AnswerverifiedShow Answer

What is fast data?

Correct AnswerverifiedShow Answer

What can help uncover correlations and trends in data that would otherwise go unrecognized?

Correct AnswerverifiedShow Answer

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True

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B

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