Business Analytics JIM(2019-2021)

---------------------is the discovery and communication of meaningful patterns of data and that to business‐related problems.

What is correct about Business Analytics

• It is the scientific process of transforming data into insight for making better decisions

• None of these

• is the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact‐based management to drive decisions and actions

• Both of these

BA is the Use of

• data

• information technology,

• statistical analysis,

• quantitative methods

Applications of BA

• Financial Management

• E commerce

• Social Media

• Books

Which is not the type of Business Analytics

• Predictive

• Analytical

• Prescriptive

• Descriptive

Use of MACHINE Learning Algorithms is done in which Analytics_____________

• Predictive

• Prescriptive

• Descriptive

• None

Source used to analyze the product by dividing them in to quadrants is ?

• Gatner tool

• Magic gartenr tool

• Gartner magic quadrant

• Gatner magic quadrant

Select the types of Datatypes

• Linear

• Discrete

• Primary

• Preliminary

• Continuous

what is ordinal data means?

• conveys preference information

• condition of knowing the mean

• average data

• NONE

Method used to take an average sample of a standard data

• Sample data

• Sampling funnel

• Sampling frame

• sampling function