Predictive Analytics Quiz

Predictive Analytics Quiz

University

15 Qs

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Predictive Analytics Quiz

Predictive Analytics Quiz

Assessment

Quiz

Science

University

Practice Problem

Medium

Created by

Edward Panganiban

Used 2+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is predictive analytics primarily used for?

To predict future outcomes

To visualize data trends

To analyze past data only

To collect new data

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following industries can use predictive analytics?

Retail

Education

All of the above

Agriculture

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in the predictive analytics process?

Model evaluation

Data preparation

Model building

Data collection

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which algorithm is NOT typically used in predictive analytics?

Random sampling

Machine learning

Statistical algorithms

Artificial intelligence

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the slope in a simple linear regression model represent?

The error term

The intercept value

The change in the dependent variable for every unit change in the independent variable

The total variation in the dependent variable

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a challenge of predictive analytics?

Increased revenue

Automated tasks

Improved decision-making

Data quality

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of model evaluation in predictive analytics?

To collect new data

To build the predictive model

To ensure the model is accurate and generalizable

To prepare data for analysis

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