Business Analytics

It is a field of computer science that uses math, statistics, and machine learning to find meaningful patterns in data.

• Analytics

• Data Mining

• Data Science

• BI

It is the use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about business operations and make better, fact based decisions

• Busines Analytics

• Business Intelligence

• Data Science

• Data mining

In pre history, sticks and rocks help predict sales trends of new inventions.

• True

• False

It answers the question what happened.

• Prescriptive Analytics

• Descriptive Analytics

• Predictive Analytics

It answers the question what might happen.

• Descriptive Analytics

• Predictive Analytics

• Prescriptive Analytics

It answer the question what should we do.

• Descriptive Analytics

• Predictive Analytics

• Prescriptive Analytics

What is the correct process for Data Mining?

• Business Understanding, Data Understanding, Data Preparation, Modeling, Evaluation, Deployment

• Data Understanding, Business Understanding, Data Preparation, Modeling, Evaluation, Deployment

• Business Understanding, Data Preparation, Data Understanding, Modeling, Evaluation, Deployment

It is one of the most important and often time-consuming aspects of data mining.

• Data Understanding

• Data Preparation

• Business Understanding

• Modeling

The use of images to represent information.

• scorecard

• Dashboard

• Visualization

• map

Best used for making part-to-whole comparisons with discrete or continuous data.

• Bar chart

• Pie chart

• line chart

• area chart