Business Analytics0 (0) by admin Jan 27, 2024 0 Comment Welcome to your Business Analytics Exam You only have 30 minutes to answer the questions and you have two chances to answer. Name Email Business Phone Country City 1. In predictive analytics, what does regression analysis primarily aim to do? Optimize decision-making Analyze relationships between variables Identify outliers Classify data points None 2. A company's revenue increased by 15% last year. If the revenue was $500,000, what is the new revenue? $525,000 $575,000 $575,000 None 3. What is a key challenge associated with big data in business analytics? Difficulty in handling large volumes of data Low processing speed Lack of data sources Limited storage capacity None 4. What does EDA stand for in the context of business analytics? Essential Data Assessment Exploratory Data Analysis Efficient Data Analytics External Data Analysis None 5. In a dataset, the standard deviation is 5. If the mean is 20, what is the variance? 30 20 35 25 None 6. Which machine learning algorithm is commonly used for classification tasks? Decision trees Support vector machines All of the above Random forests None 7. Which type of analytics focuses on understanding what happened in the past? Inferential analytics Prescriptive analytics Predictive analytics Descriptive analytics None 8. If a dataset has values 15, 20, 25, 30, and 35, what is the median value? 35 25 27.5 30 None 9. If a machine learning model has an accuracy of 85%, how many incorrect predictions were made out of 200 instances? 170 15 150 30 None 10. What is the primary goal of business analytics? Generating reports Implementing machine learning algorithms Leveraging data for business insights Creating data visualizations None Time's upTime is Up! Our Score Click to rate this post! [Total: 0 Average: 0]You must sign in to vote
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