Data guru quiz 1.

The first step to deciding how to solve a business problem is

• choosing a dataset

• choosing a mathematical model

• choosing a statistical hypothesis

• choosing a framework

The problem solving methodology was initially built for

• data gathering

• data categorization

• data mining

• data optimization

in the problem solving framework, the letter P stands for

• problem

• procedure

• package

• process

all of the following are wrong questions asked in understanding the business issue except one

• what decisions has been made

• what data is available

• what method of data modelling is to be used

• what decision needs to be made

most business decisions are _____ in nature

• normative

• predictive

• forecastic

• analytic

data understanding is the second step of the business issue solving framework

• no

• maybe

• yes

• uncertain

sampling helps us

• know which variables are important to our analysis

• filter out unnecessary data

• know which industry data set is relevant

• work with a manageable data set

the following are steps in the analysis and modelling framework except

• validate model

• perform analysis

• validate analysis

• predict model

presentation and validation should be done with the following factors in mind

• the audience and analysis

• audience and business

• analysis and business

• business and model

identifying customers by their state is a form of ________

• geo-spatial data analysis

• geo-numerical data analysis

• geo-categorical data analysis

• geo-spatial data model