Predictive Analytics Quiz

What is predictive analytics primarily used for?

• To predict future outcomes

• To visualize data trends

• To analyze past data only

• To collect new data

Which of the following industries can use predictive analytics?

• Retail

• Education

• All of the above

• Agriculture

What is the first step in the predictive analytics process?

• Model evaluation

• Data preparation

• Model building

• Data collection

Which algorithm is NOT typically used in predictive analytics?

• Random sampling

• Machine learning

• Statistical algorithms

• Artificial intelligence

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

Which of the following is a challenge of predictive analytics?

• Increased revenue

• Automated tasks

• Improved decision-making

• Data quality

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

Which company uses predictive analytics to recommend movies?

• Facebook

• Amazon

• Netflix

• Google

What does multiple regression analyze?

• The relationship between categorical data

• The relationship between time series data

• The relationship between one variable and multiple independent variables

• The relationship between two variables

In which field is simple linear regression commonly used?

• Psychology

• Economics

• History

• Art