FPBA1014 Chapter 5 Quiz

FPBA1014 Chapter 5 Quiz

University

10 Qs

quiz-placeholder

Similar activities

Business Statistics -- 2 Organizing Data

Business Statistics -- 2 Organizing Data

University

10 Qs

Operation Management - Chapter 3 & 4

Operation Management - Chapter 3 & 4

University

15 Qs

Quiz 1 (Business Analytics)

Quiz 1 (Business Analytics)

University

10 Qs

2.2 More Graphs and Displays

2.2 More Graphs and Displays

12th Grade - University

15 Qs

Personnel Planning and Recruiting

Personnel Planning and Recruiting

University

13 Qs

HRM-Group1-Review

HRM-Group1-Review

University

10 Qs

OPM530 CH 5

OPM530 CH 5

University

10 Qs

Data analytics - Unit 1

Data analytics - Unit 1

University

10 Qs

FPBA1014 Chapter 5 Quiz

FPBA1014 Chapter 5 Quiz

Assessment

Quiz

Business

University

Medium

Created by

TAN SAMUEL

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Linear Regression?

A method to help make decisions using nodes and branches.

Finding the nearest neighbours of a point of data to help classify the data into a group.

A fundamental tool for statistical analysis to show relationships between two or more variables.

Allowing a machine to learn from training data so that it is able to make predictions when given new data.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which scenario shows how Linear Regression can show relationships between two (or more) variables?

The average height of a population can be measured.

The height of a person can be used to predict the weight of that person.

A decision on whether to go out or stay home can be made after looking through all possible nodes and branches.

The percentage of market share of Toyota in the country can be visualised.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Decision Tree?

A method to help make decisions using nodes and branches.

Finding the nearest neighbours of a point of data to help classify the data into a group.

A fundamental tool for statistical analysis to show relationships between two or more variables.

Allowing a machine to learn from training data so that it is able to make predictions when given new data.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the benefit of using Predictive Modelling?

Able to understand what has happened in the past

Able to collect large amounts of customer data and analyse it in a timely manner

Able to analyse what went wrong in a past business decision.

Able to allocate resources in an organisation effectively and efficiently

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of Data Visualisation?

Data might become too simplified

Makes complex data easier to understand

Quicker analysis can be performed

Patterns between data points can be highlighted

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of visualisation is this?

Scatter diagram

Pie chart

Bar chart

Heat map

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which type of visualisation is this?

Scatter diagram

Pie chart

Bar chart

Line chart

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?