C207_Task 2_Final

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Scatter plot Which are correct? A) positive / negative/ cluster/ not applicable B) linear / none linear C) strong correlation / weak correlation

What type of analytics seeks to recognize what is going on as well as the likely forecast and make decisions to achieve the best performance possible?     domain     predictive     prescriptive     descriptive What does the robustness of a data mining method refer to?     its ability to construct a prediction model efficiently given a large amount of data     its speed of computation and computational costs in using the mode     its ability to overcome noisy data to make somewhat accurate predictions     its ability to predict the outcome of a previously unknown data set accurately

13  true or false Descriptive statistics are too basic therefore not very useful in data analytics.

Netflix decided to distribute the show "Orange is the New Black".  This decision was because  the show 'Weeds', performed very well on Netflix in terms of viewership and engagement.   Both shows have the same writers/creative teams.  Data shows that viewers enjoy shows by the same writers/creative teams. This is an example of Netflix relying upon which type of data analytics   Question 4 options:   a)  Descriptive   b)  Diagnostic   c)  Predictive   d)  Prescriptive

page 4 of 19) - Google Chrome squ.edu.om/mod/quiz/attempt.php?attempt3D1245076&cmid%3663426&page%3D3 earning System (Academic) erations Management || fall20 Quiz stion 4 Mean Absolute Deviation (MAD) is the always the best in assessing a forecast model accuracy yet vered Select one: ked out of O a. True O b. False Hajir lag question 13 Next page 10 19

Which type of analytics is used to know the effect of product price on sales. OA) predictive OB) forecast C) prescriptive D) descriptive

The role of forecasting in ensuring proper management of customer orders

11.2

"Your Capstone Courier Market Segment Analysis Report for the High End market shows a total demand of 10,0000 units for the coming year. You have a high end product and a count of your competitors products finds they have the equivalent of 3 High End products and one new High End product coming out on January 1. What is the best range for your unit sales forecast? O "1,500 to 2,000 units" O "2,400 to 2,600 units" O "1,900 to 2,100 units" O 2,200-2,300

9 Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand? Select one: a. moving average b. associative models c. trend projection d. weighted moving average e. exponential smoothing

NING SYSTEM (ACADEMIC) Series forecasting for Business || The F-test used in testing the significance of a regression model is O a. Upper tailed test O b. Two tailed test O c. Lower tailed test O d. None OUS PAGE

140) PLEASE HELP ME with this!!

1.) Describe the process for building the customer scoring model. What would be the inputs? What kinds of data and business processes could potentially be brought into it to create a better scoring model? Course title: Business Analytics

Regression line. A large midwestern retailer has developed a graph that summarizes the effect of  advertising expenditures on sales volume. Using the graph, determine an equation of the form y = a + bx that describes this relationship.

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show steps in spss

After graduation, you take a position at Top-Slice, a well-known manufacturer of golf balls. One of your duties is to forecast monthly demand for golf balls. Using the following data, you developed a regression model that expresses monthly sales as a function of average temperature for the month: Monthly sales=-202.2+86.5x (average temperature) Click the icon to view the additional data. a. Show how the a and 6 values of -202.2 and 86.5 were calculated. Calculate the slope coefficient, b (enter your responses as whole numbers). (745) 12 12 2 =86.5 More Info March 2017 April May June July August September October November December January 2018 February Monthly Sales 5,300 3,990 5,700 6,520 7,600 7,420 Print 6,710 4,870 3,990 3,900 3,320 2,670 Temperature 51 56 Done 64 80 79 87 83 67 58 41 39 40 X

Please do not give solution in image format thanku the last part with calculating the MAD

P8-what measures or actions could be used to improve the consistent quality and speed of preparing fast food for customers

Interpret the coefficients of your regression model.​ Specifically, what does the fixed component of the model mean to the consulting​ firm?   Interpret the fixed​ term, b 0b0​, if appropriate. Choose the correct answer below.     A. It is not appropriate to interpret b 0b0​, because its value is the predicted billable hours for overhead costs of 0​ dollars, but the firm cannot have overhead costs of 0 dollars associated with a client.   B. The value of b 0b0 is the predicted overhead costs for 0 billable hours.   C. It is not appropriate to interpret b 0b0​, because its value is the predicted overhead costs for 0 billable​ hours, but someone with 0 billable hours would not actually be a client of the firm.   D. For each increase of 1 unit in billable​ hours, the predicted overhead costs are estimated to increase by b 0b0.   E. The value of b 0b0 is the predicted billable hours for an overhead cost of 0 dollars.   F. For each increase of 1 unit in…

Firms keep supplies of inventory for which of the following reasons? To provide a feeling of security for the workforce To maintain dependence of operations To meet variation in product demand

M3,