1/20/20, 9(47 PMQuiz: Quiz 2
Quiz 2
Started: Jan 20 at 9:24pm
Quiz Instructions
1.5 ptsQuestion 1
Perform business discovery
Perform data discovery
Model data
Score and deploy
In an agile approach of analytics what is the first step of the process?
1.5 ptsQuestion 2
Diagnostic analytics
Prescriptive analytics
Predictive analytics
Descriptive analytics
Which of the following data analytics model use optimization techniques?
1.5 pts
Question 3
Descriptive, explanatory, predictive and prescriptive
Descriptive, logical, predictive and prescriptive
Critical, analytical, predictive and explanatory
Descriptive, analytical, predictive and prescriptive
What are the four types of data analytical method?
1/20/20, 9(47 PMQuiz: Quiz 2
1.5 ptsQuestion 4
Social media database
Operational dashboard
Public database
Data warehouse
In an ETL process, data is loaded into a final target database such as:
1.5 ptsQuestion 5
Explanatory analytics
Forecast analytics
Prescriptive analytics
Descriptive analytics
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.
1.5 ptsQuestion 6
Heuristic thinking is slow
Experimentation is a way of analytical thinking
Analytical thinking is not based on facts
Using intuition is a way of analytical thinking
Which of the following statements is true?
1.5 pts
Question 7
Gamblers' fallacy is ____________.
1/20/20, 9(47 PMQuiz: Quiz 2
an endowment effect bias
a zero risk bias
framing effect bias
a clustering illusion
1.5 ptsQuestion 8
Survey data
Interviews data
Firm's proprietary data
Simulated data
Which of the following is an example of secondary data?
1.5 ptsQuestion 9
Bandwagon effect
Clustering illusion
Anchoring bias
Zero risk bias
Over-reliant on the first piece of information is called ____________
1.5 pts
Question 10
endowment effect bias
availability heuristics bias
sunk-cost fallacy
zero risk bias
When you keep eating the food you don't like precisely because you already bought the
food, you are committing _____________.
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