Question 1

Choose from the list below the best definition of a dependent variable.

Accepted Answer

A)  A dependent variable is the value to be understood. It is often called the outcome. 
B)  A dependent variable is the factor that may be influencing the dependent variable. There can be one or more than one, depending on the type of regression performed. 
C)  A dependent variable is the Y-intercept. 
D)  A dependent variable is the slope of the line. 
A)  A dependent variable is the value to be understood. It is often called the outcome. 
B)  A dependent variable is the factor that may be influencing the dependent variable. There can be one or more than one, depending on the type of regression performed. 
C)  A dependent variable is the Y-intercept. 
D)  A dependent variable is the slope of the line.

Question 2

Consider the simple linear regression equation:
Y = A + Bx
What does B represent?

Accepted Answer

A)  The dependent variable 
B)  The independent variable 
C)  The Y-intercept 
D)  The slope of line 
A)  The dependent variable 
B)  The independent variable 
C)  The Y-intercept 
D)  The slope of line

Question 3

What is the first step in classification?

Accepted Answer

A)  Data summarization 
B)  Clustering 
C)  Ensuring that a data set has appropriate data labels 
D)  Ensuring that a data set is alphabetical 
A)  Data summarization 
B)  Clustering 
C)  Ensuring that a data set has appropriate data labels 
D)  Ensuring that a data set is alphabetical

Question 4

The first step in analyzing a data set is learning about its data. Exploratory data analytics techniques reveal the key characteristics of a data set. Exploratory data analytics techniques help us identify three key factors of a data set. Which of the key factors is the descriptive components within a data set?

Accepted Answer

A)  Categorical values 
B)  Quantitative values 
C)  Patterns 
D)  Anomalies 
A)  Categorical values 
B)  Quantitative values 
C)  Patterns 
D)  Anomalies

Question 5

Abdul is a newly hired Accounting Information Systems (AIS) professor at Big State University. Abdul just administered his first 100-point exam. Abdul has 10 students registered for his AIS course. The scores on his first exam were 99, 89, 88, 88, 84, 84, 83, 81, 81, and 63. What grade(s) in the data set are outliers?

Accepted Answer

The scores of 99 and

Question 6

The first step in analyzing a data set is learning about its data. Exploratory data analytics techniques reveal the key characteristics of a data set. Exploratory data analytics techniques help us identify three key factors of a data set. Which of the key factors is recurring or similar values, either categorical or quantitative?

Accepted Answer

A)  Categorical values 
B)  Quantitative values 
C)  Patterns 
D)  Anomalies 
A)  Categorical values 
B)  Quantitative values 
C)  Patterns 
D)  Anomalies

Question 7

Geospatial analytics is a technique that gathers, transforms, and visualizes geographic data and imagery, including satellite photographs, Global Positioning System (GPS) coordinates, and more. Give an example of how geospatial analytics could be used in the banking industry.

Accepted Answer

The banking industry uses geospatial dat

Question 8

Any part of the business that captures event data is a candidate for process mining. Give an example of how process mining could be used in journal entries?

Accepted Answer

Process mining can be used to

Question 9

Choose from the definitions below the best definition of anomaly detection.

Accepted Answer

A)  Anomaly detection techniques reveal the key characteristics of a data set. 
B)  Anomaly detection is the numeric data points that can be summed, counted, or otherwise analyzed using mathematical operations. 
C)  Anomaly detection reveals observations or events that are outside a data set's normal behavior. 
D)  Anomaly detection is the descriptive components within a data set. 
A)  Anomaly detection techniques reveal the key characteristics of a data set. 
B)  Anomaly detection is the numeric data points that can be summed, counted, or otherwise analyzed using mathematical operations. 
C)  Anomaly detection reveals observations or events that are outside a data set's normal behavior. 
D)  Anomaly detection is the descriptive components within a data set.

Question 10

During the COVID-19 pandemic, researchers began using contact tracing to track people who have been in contact with an infectious disease and map the infected people and everyone they have been near during a certain time. The goal is to isolate infected and exposed individuals to slow the spread of the disease. Contact tracing is an example of what?

Accepted Answer

A)  Process mining 
B)  Network analysis 
C)  Geospatial analytics 
D)  Natural language processing 
A)  Process mining 
B)  Network analysis 
C)  Geospatial analytics 
D)  Natural language processing

Question 11

Five data analytics-related job titles were discussed in the text. Which of the following job titles would need an expert understanding of data?

Accepted Answer

A)  Data engineer 
B)  Data scientist 
C)  Statistician 
D)  Data analyst 
A)  Data engineer 
B)  Data scientist 
C)  Statistician 
D)  Data analyst

Question 12

Choose from the list below the best definition of an independent variable.

Accepted Answer

A)  An independent variable is the value to be understood. It is often called the outcome. 
B)  An independent variable is the factor that may be influencing the dependent variable. There can be one or more than one, depending on the type of regression performed. 
C)  An independent variable is the Y-intercept. 
D)  An independent variable is the slope of the line. 
A)  An independent variable is the value to be understood. It is often called the outcome. 
B)  An independent variable is the factor that may be influencing the dependent variable. There can be one or more than one, depending on the type of regression performed. 
C)  An independent variable is the Y-intercept. 
D)  An independent variable is the slope of the line.

Question 13

Five data analytics-related job titles were discussed in the text. Which of the following job titles would need an expert understanding of database administration?

Accepted Answer

A)  Data engineer 
B)  Data scientist 
C)  Statistician 
D)  Data analyst 
A)  Data engineer 
B)  Data scientist 
C)  Statistician 
D)  Data analyst

Question 14

________ captures data that occurs in chronological order across a period of time.

Accepted Answer

A)  A time series 
B)  Seasonality 
C)  A time trend 
D)  A dependent variable 
A)  A time series 
B)  Seasonality 
C)  A time trend 
D)  A dependent variable

Question 15

Exploring a new data set and understanding its composition commonly involves the data analytics technique data summarization, which involves simplifying data to quickly identify the composition of categorical and quantitative values. We compress the data into smaller, easier-to-understand outputs, called ________. To do this, we typically group a data set by a specific field, or column.

Accepted Answer

A)  data summarization 
B)  quantitative values 
C)  data summaries 
D)  field, or column 
A)  data summarization 
B)  quantitative values 
C)  data summaries 
D)  field, or column

Question 16

RAM Manufacturing LLC is a rapidly growing manufacturer of parts for the automotive industry. Justin recently graduated with a computer science degree from his university. He enjoyed his database courses and interned for a small manufacturing company as a network and database administrator and enjoyed the work. He is really interested in supporting the infrastructure for gathering, growing, and storing data. RAM Manufacturing currently has several job openings posted on LinkedIn, including:
• Data scientist
• Data analyst
• Business analyst
• Data engineer
These positions are specific to the Finance and Accounting departments. Which jobs do you think Justin should apply for?

Accepted Answer

Justin should apply for the data enginee

Question 17

Exploring a new data set and understanding its composition commonly involves the data analytics technique data summarization, which involves simplifying data to quickly identify the composition of categorical and quantitative values. We compress the data into smaller, easier-to-understand outputs, called data summaries. To do this, we typically group a data set by a specific

Accepted Answer

A)  data summarization. 
B)  quantitative values. 
C)  data summaries. 
D)  field, or column. 
A)  data summarization. 
B)  quantitative values. 
C)  data summaries. 
D)  field, or column.

Question 18

Exploring a new data set and understanding its composition commonly involves the data analytics technique data summarization, which involves simplifying data to quickly identify the composition of categorical and ________. We compress the data into smaller, easier-to-understand outputs, called data summaries. To do this, we typically group a data set by a specific field, or column.

Accepted Answer

A)  data summarization 
B)  quantitative values 
C)  data summaries 
D)  field, or column 
A)  data summarization 
B)  quantitative values 
C)  data summaries 
D)  field, or column

Question 19

When you tag a location in a social media post, what type of analytics are you practicing?

Accepted Answer

A)  Process mining 
B)  Network analysis 
C)  Geospatial analytics 
D)  Natural language processing 
A)  Process mining 
B)  Network analysis 
C)  Geospatial analytics 
D)  Natural language processing

Choose from the list below the best definition of a dependent variable.

Consider the simple linear regression equation: Y = A + Bx What does B represent?

What is the first step in classification?

Geospatial analytics is a technique that gathers, transforms, and visualizes geographic data and imagery, including satellite photographs, Global Positioning System (GPS) coordinates, and more. Give an example of how geospatial analytics could be used in the banking industry.

Any part of the business that captures event data is a candidate for process mining. Give an example of how process mining could be used in journal entries?

Choose from the definitions below the best definition of anomaly detection.

Five data analytics-related job titles were discussed in the text. Which of the following job titles would need an expert understanding of data?

Choose from the list below the best definition of an independent variable.

Five data analytics-related job titles were discussed in the text. Which of the following job titles would need an expert understanding of database administration?

________ captures data that occurs in chronological order across a period of time.

When you tag a location in a social media post, what type of analytics are you practicing?

Accounting As Information

Risks and Risk Assessments

Risk Management and Internal Controls

Software and Systems

Data Storage and Analysis

Systems and Database Design

Emerging and Disruptive Technologies

Documenting Systems and Processes

Human Resources and Payroll Processes

Purchasing and Payments Process

Conversion Processes

Marketing, Sales, and Collection Processes

Financial Reporting Processes

Information Systems and Controls

Fraud

Cybersecurity

Data Visualization

Audit Assurance

Filters

Exam 17: Data Analytics

Choose from the list below the best definition of a dependent variable.

Consider the simple linear regression equation: Y = A + Bx What does B represent?

What is the first step in classification?

Geospatial analytics is a technique that gathers, transforms, and visualizes geographic data and imagery, including satellite photographs, Global Positioning System (GPS) coordinates, and more. Give an example of how geospatial analytics could be used in the banking industry.

Any part of the business that captures event data is a candidate for process mining. Give an example of how process mining could be used in journal entries?

Choose from the definitions below the best definition of anomaly detection.

Five data analytics-related job titles were discussed in the text. Which of the following job titles would need an expert understanding of data?

Choose from the list below the best definition of an independent variable.

Five data analytics-related job titles were discussed in the text. Which of the following job titles would need an expert understanding of database administration?

________ captures data that occurs in chronological order across a period of time.

When you tag a location in a social media post, what type of analytics are you practicing?

Accounting As Information

Risks and Risk Assessments

Risk Management and Internal Controls

Software and Systems

Data Storage and Analysis

Systems and Database Design

Emerging and Disruptive Technologies

Documenting Systems and Processes

Human Resources and Payroll Processes

Purchasing and Payments Process

Conversion Processes

Marketing, Sales, and Collection Processes

Financial Reporting Processes

Information Systems and Controls

Fraud

Cybersecurity

Data Visualization

Audit Assurance

Filters