Exam 18: Introducing Business Analytics

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Predictive analytics can identify patterns and relationships in the data that allow decision makers to forecast a behavior or action between independent indicator variables and a dependent variable of interest.

(True/False)

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Question 41

Business analytics is typically divided into two categories. Identify and describe each of the categories in addition to a possible third category.

(Essay)

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Question 42

Business analytics can provide answers to unknown questions.

(True/False)

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Question 43

Power BI Desktop is one of several Power BI platforms developed by Microsoft that enable users to create, share, and use information embedded in the data available to their organization.

(True/False)

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Question 44

Power BI allows you to create a report that offers multiple perspectives on the data analyzed. One thing that Power BI cannot do is

(Multiple Choice)

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Question 45

Describe the difference between descriptive analytics and predictive analytics.

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Question 46

Power BI can import a wide range of data including Excel work-books and CSV files, and a range of databases including Access, SQL, and Sybase.

(True/False)

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Question 47

Business analytics offers powerful ways of digging through data to examine relationships to a far greater extent than was possible in the past.

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Question 48

Showing 41 - 48 of 48

Predictive analytics can identify patterns and relationships in the data that allow decision makers to forecast a behavior or action between independent indicator variables and a dependent variable of interest.

Business analytics is typically divided into two categories. Identify and describe each of the categories in addition to a possible third category.

Business analytics can provide answers to unknown questions.

Power BI Desktop is one of several Power BI platforms developed by Microsoft that enable users to create, share, and use information embedded in the data available to their organization.

Power BI allows you to create a report that offers multiple perspectives on the data analyzed. One thing that Power BI cannot do is

Describe the difference between descriptive analytics and predictive analytics.

Power BI can import a wide range of data including Excel work-books and CSV files, and a range of databases including Access, SQL, and Sybase.

Business analytics offers powerful ways of digging through data to examine relationships to a far greater extent than was possible in the past.

The Where, Why, and How of Data Collection

Graphs, Charts and Tablesdescribing Your Data

Describing Data Using Numerical Measures

Introduction to Probability

Discrete Probability Distributions

Introduction to Continuous Probability Distributions

Introduction to Sampling Distributions

Estimating Single Population Parameters

Introduction to Hypothesis Testing

Estimation and Hypothesis Testing for Two Population Parameters

Hypothesis Tests and Estimation for Population Variances

Analysis of Variance

Goodness-Of-Fit Tests and Contingency Analysis

Introduction to Linear Regression and Correlation Analysis

Multiple Regression Analysis and Model Building

Analyzing and Forecasting Time-Series Data

Introduction to Nonparametric Statistics

Introduction to Decision Analysis

Introduction to Quality and Statistical Process Control

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