Elective Data and Analytics Midterm Examination
Elective Data and Analytics Midterm Examination
UGRD-DSC6100-2233T
UGRD-DSC6100 Elective in Data Analytics
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Started on Tuesday, 25 July 2023, 7:59 PM
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Completed on Tuesday, 25 July 2023, 8:07 PM
Dashboard In ELT, the data is first loaded into storage and then transformed into the
required format. True
Calendar
The structure of the data or schema is not defined when data is captured; this
UGRD-IT6201D-2233T
means that you can store all your data without careful design, which is
particularly useful when the future use of the data is unknown. Data
UGRD-IT6204-2233T True
examples include social media content, IoT device data, and nonrelational
data from mobile apps.
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Text mining is a technique used by data analysts to find trends in text data,
such as emails, tweets, studies, and blog posts. It may be used to sort client
True
emails, customer reviews, and news material.
A data lake is different because it can store both structured and unstructured
data without any further processing. True
All processing happens on a dedicated central server that hosts all the data.
True
The use of computer systems to carry out analytical activities with little to no
human involvement is known as automated dot analytics. These methods
range in complexity from straightforward scripts or lines of code to
False
sophisticated data analytics tools that carry out statistical analysis, feature
identification, and data modeling.
Data points and occurrences that are out of the extraordinary from the rest
of the data are found using anomaly detection or outlier analysis. False
Data analytics are also used to spot and stop fraud so that financial
organizations may function more safely and productively. True
If powerful graphics are employed to help tell the story of the data,
executives and managers could be better able to understand the relevance of
True
these results.
Data mining is an essential phase in many data analytics processes. This calls
for the extraction of data from sources of unstructured data. These might True
include verbal communication, large, complex databases, or raw sensor data.
The words "data science" and "data analytics" are frequently used in the
same context. But they represent two separate areas and two different career
trajectories. Additionally, they all affect the company or organization True
extremely differently.
Data analytics is essential for forecasting market trends and assessing risk in
the banking and finance industries. True
A data analyst will take organized, raw data and arrange it before analyzing it
to turn it into cohesive, understandable information. The data analyst will
then share their results with the firm in the form of ideas or False
recommendations for the next course of action.
. Data visualization is usually the most important tool in data presentation. True
The major steps in the data analytics process include data management,
statistical analysis, data presentation, and data mining. These stages'
importance and balance will change depending on the data being used and
the study's goal. True
The final step in most data analytics processes is data display. Stakeholders
can get insights thanks to this procedure True
Analysts who use statistical analysis may provide data insights. Statistics and
True
machine learning are two types of data analysis techniques.
Credit ratings are one use of data analytics that affects everyone. These
True
ratings use several different data variables to determine loan risk.
Dealing with data at various points in the data analysis pipeline is part of a
data analyst's job. This involves using data in various ways True
Numerous applications exist for data analytics. Big data analysis might
increase production in a variety of industries. Businesses may prosper in an
environment that is getting more and more competitive through increasing True
performance.
Statistical models that highlight data trends are developed using big data.
True
Data mining is frequently the stage in the data analysis pipeline that takes
the longest. True
Making judgments and developing strategies based on the facts rather than
assuming what the data will show you not allowing you to make sense of the False
past and forecast future trends and behaviors
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