What are the key areas at the intersection of finding answers and business questions? a. central tendency,
Question:
What are the key areas at the intersection of finding answers and business questions?
a. central tendency, summary statistics, and standard deviation
b. past events, current predictions, and business acumen
c. central tendency, past events, and future predictions
d. past events, future predictions, and business acumen
What does "standard deviation" tell you?
a. the distance observations are from the media
b. the distance observations are from the mean
c. the distance observations are each other
d. the distance observations are from the mode
If you are using Excel on a PC, how can you search through the values in column D and rows 1 to 27 to determine if there is more than one mean?
a. use the formula =MULT.MODE, highlight the cells, then click Shift + Ctrl+ Enter at the same time
b. use the formula = MULT.MODE, highlight the cells, then click Enter
c. use the formula =MODE.MULT, highlight the cells, then click Enter
d. use the formula = MODE.MULT, highlight the cells, then click Shift + Ctrl + Enter at the same time
_____ are an example of qualitative data.
a. annual sales per year by state
b. ratings of customer satisfaction on a scale of 1 to 10
c. scores on an employee performance evaluation
d. interviews with store managers
Which analytics type is the building block for all other types of business analytics?
a. qualitative analytics
b. descriptive analytics
c. prescriptive analytics
d. predictive analytics