2020/6/21 Quiz 1: Yinjian Qi
https://asu.instructure.com/courses/50404/assignments/1208692/submissions/130917 1/4
Quiz 1
Due May 24 at 11:59pm Points 20 Questions 10 Time Limit None
Allowed Attempts 2
Attempt History
Attempt Time Score
LATEST Attempt 1 5 minutes 20 out of 20
Score for this attempt: 20 out of 20
Submitted May 24 at 7:51pm
This attempt took 5 minutes.
Take the Quiz Again
2 / 2 pts
Question 1
In an ETL process, data is loaded into a final target database such as:
Public database
Data warehouse
Correct!
Correct!
Social media database
Operational dashboard
2 / 2 pts
Question 2
When you keep eating the food you don't like precisely because you
already bought the food, you are committing _______________
Zero risk bias
Availability heuristics bias
Sunk-cost fallacy
Correct!
Correct!
2020/6/21 Quiz 1: Yinjian Qi
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Endowment effect bias
2 / 2 pts
Question 3
Which of the following data analytics model use optimization
techniques?
Prescriptive analytics
Correct!
Correct!
Diagnostic analytics
Predictive analytics
Descriptive analytics
2 / 2 pts
Question 4
Predictive analytics may be applied to_______________, which is a set
of techniques that use descriptive data and forecasts to identify the
decisions most likely to result in the best performance.
Forecast analytics
Prescriptive analytics
Correct!
Correct!
Descriptive analytics
Explanatory analytics
2 / 2 pts
Question 5
Which of the following statements is true?
Experimentation is a way of analytical thinking
Correct!
Correct!
2020/6/21 Quiz 1: Yinjian Qi
https://asu.instructure.com/courses/50404/assignments/1208692/submissions/130917 3/4
Heuristic thinking is slow
Using intuition is a way of analytical thinking
Analytical thinking is not based on facts
2 / 2 pts
Question 6
Gamblers' fallacy is ______________
Framing effect bias
A clustering illusion
Correct!
Correct!
An endowment effect bias
A Zero risk bias
2 / 2 pts
Question 7
In an agile approach of analytics what is the first step of the process?
Perform data discovery
Score and deploy
Perform business discovery
Correct!
Correct!
Model data
2 / 2 pts
Question 8
Which of the following is an example of secondary data?
2020/6/21 Quiz 1: Yinjian Qi
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Interviews data
Simulated data
Survey data
Firm's proprietary data
Correct!
Correct!
2 / 2 pts
Question 9
Over-reliant on the first piece of information is called ____________
Zero risk bias
Clustering illusion
Bandwagon effect
Anchoring bias
Correct!
Correct!
2 / 2 pts
Question 10
What are the four types of data analytical method?
Descriptive, logical, predictive and prescriptive
Critical, analytical, predictive and explanatory
Descriptive, analytical, predictive and prescriptive
Descriptive, explanatory, predictive and prescriptive
Correct!
Correct!
Quiz Score: 20 out of 20
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