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