CNV3-I2-14- Business Quiz
1. In a business, the values indicating the business’s current operating characteristics, such as its financial position, the inventory on hand, customer service metrics, are typically known as
- company performance indicators.
- performance indicators.
- key performance indicators.
- business performance indicators.
2. ______ encompasses reports, data dashboards, and descriptive statistics to describe the past data.
- Predictive analytics
- Descriptive analytics
- Prescriptive analytics
- Decision analysis
3._____methods do not attempt to predict an output value but are rather used to detect patterns and relationships in the data.
- Supervised learning
- Machine learning
- Artificial intelligence
- Unsupervised learning
4. Which of the following methods is used by the analyst to decide if a particular variable needs to be retained in the sample during the sampling process?
- Descriptive statistics and data visualization
- Regression
- Outlier analysis
- Data Testing
5. Average linkage is a measure of calculating dissimilarity between clusters by:
- considering only the two most dissimilar observations in the two clusters.
- computing the average dissimilarity between every pair of observations between two clusters.
- considering only the two closest observations in the two clusters.
- considering the distance between the cluster centroids.
6. What is the output of the below code snippet? > x <- 1:3 > y <- 5:9 > z <- x + y > z
- 6 8 10
- 6 8 10 9 11
- 6 8 10 8 9
- None
7. Facebook Tackles Big Data With _______ based on Hadoop
- Project
- Prism
- ProjectData
- ProjectBid
8. SAAS stands for?
- System Aero surface Actuator Simulation
- Systems as a Service
- Software acting as Service
- Software as a Service
9. An approach to querying data when it resides in a computer's random-access memory (RAM), as opposed to querying data that is stored on physical disks
- Deep Analytics
- Data Visualization
- In-memory Analytics
- Data Analytics
10. Leading analyst firm Gartner defines Big Data from three aspects, all starting with the letter V. Which of these are not a part of their consideration of big data?
- Value
- Volume
- Variety
- Velocity
Dr. Neena Nanda, HOD Business Analytics
ITM Business School, Navi Mumbai