he majority of companies today are using data analytics to gain a competitive advantage. Describe various ways in which business analytics can be used to lower cost, improve customer experience, and increase productivity

Q: Write aims of data classification ?

A: The Aims of data classification is as follows 1. It represents data concisely. 2. It helps to know…

Q: Español Large companies typically collect volumes of data before designing a product, not only to…

A: Given : Claim : The proportion of mall shoppers in my market category who would buy the product is…

Q: Describe about the three positive relationships of Scatterplots?

A: Here's the explanation is as follows; A scatter plot is a type of graph that shows pairs of data…

Q: very observation in a data set is multiplied by a constant k. What best describes the effect on…

A: Given : Every observation in a data set is multiplied by a constant k Let the observations be :…

Q: What is the end behavior

A:

Q: The 'fill' problem is important in many industries, such as those making cereal, toothpaste, beer,…

A: Consider X be the random variable that represent the weight of the product in the container.  The…

Q: Use a mental diagram to explain the main concepts in Total Quality Management showing how it can be…

A: TQM is considerably based on the accompanying requirements:   1. Customer Centric approach –…

Q: The Ipsos survey found that Conservative party voters were willing to spend the least amount in…

A: Introduction: Since the researchers wish to know if the income level of a person explains the amount…

Q: Describe two ways economists try to forecasts developments in the economy

A: * An economic forecast is a process of trying to predict a future economic situation using a…

Q: Dixie Showtime table shows how weekly gross revenue is dependent on two variables     the television…

A: Given information: Consider the given data: Weekly Gross Revenue Television Advertising Newspaper…

Q: Looking at this table, what is the overall gender breakdown of the voiceovers in 2020? Which gender…

A: Contingency table

Q: For each research question, explain what research design you would recommend. Also, identify how you…

A: Factorial Design 2×2: It is the factorial design with two factors in a single experiment. In this…

Q: The professionals who analyze data from social media and provide insights about customers are in…

A: Digital marketing: Digital Marketing is the art of Building Trust, Educating a potential customer,…

Q: Are the data qualitative or quantitative? A. Qualitative, because descriptive terms are used to…

A: Any variable having a numerical significance attached to it is a quantitative variable

Q: I know the answer is B because we have to pool the data. But I'm looking for an explanation of why…

A: Pool variance is used when we know that two independent sample are come from different population…

Q: How can you evaluate the accuracy of a forecast model?

A: The three methods to determine the accuracy of any forecasting are Mean Absolute Deviation (MAD):…

Q: You may need to use the appropriate technology to answer this question. In the digital age of…

A: Marketing Managers (x1) Marketing Research (x2) Advertising (x3) 4 7 5 3 6 5 4 6 5 3 6 5 5…

Q: What is meant by strategic mapping, and why is this technique especially useful in healthcare…

A: A strategic mapping  is a simple graphic that shows a logical, cause-and-effect connection between…

Q: What is the end behavior

A:

Q: Statistics as a branch of science that deals with data analysis and interpretations, fills the…

A: Statistics is the branch of science that deals with data and their presentation, interpretation, and…

Q: integrating

A: The motive is to describe how empowered technology has affected the learning process. Also that how…

Q: For the second part of this activity, determine which “average” would be a better representation…

A: a) The average number of pieces of lost luggage per flight from an airline company’s perspective…

Q: How does analyzing data on these real-world problems aid in problem-solving and drawing conclusions?…

A:

Q: Sociologists argued that women on average earn less than men as women often choose to work less…

A: Gender wage disparities exist throughout the professions, even after accounting for years of…

Q: A companies HR manager has noticed that they are not retaining their talent. The HR manager believes…

A:

Q: In terms of quality assurance, what can be concluded about the performan

A: Result: If the estimate with less standard deviation is treated as best estimate. If the estimate…

Q: Identify what is qualitative or quantitative variable. If it is quantitative variables, further…

A: Qualitative variables: Qualitative variables are also called as categorical variables. These…

Q: Give an example of an actual or potential application of big data or data mining in a organization.…

A: Examples of data mining or big data: Marketing in an industry.

Q: Explain three main reasons for conducting research

A: Research is a procedure for finding accurate solutions to important questions, by the use of…

Q: Marilyn Monroe is studying the effects of smoking.  To do so, she exposes 96 mice to the scaled…

A: Given, she exposes 96 mice to the scaled equivalent of a human smoking a pack a day. She measured…

Q: Many students over the last couple of years have been earning money as social networking service…

A: Confidence interval is used to estimate the range where the true population can happen. Prediction…

Q: On December 17, 2007 baseball writer John Hickey wrote an article for the Seattle P-I about…

A: Formula:  Correlation coeffecient, r=Cov(X,Y)σXσYwhere, Cov(X,Y)= covariance between variable X and…

Q: a) Use ? = 0.05 to test for significant differences in perception among the three groups. State the…

A: Given :   Marketing Managers Marketing Research Advertising   4 5 6   3 5 7   4 6 6   5 6…

Q: On December 17, 2007 baseball writer John Hickey wrote an article for the Seattle P-I about…

A:

Q: Give me an example of a scientific study of the bug tracking system and extract the methodological…

A: A bug tracking system is an application that lets you keep track of bugs (and often suggestions) for…

Q: discuSs your views about Hate Crimes by identifying and describing a hate crime and explaining why…

A:

Q: hy many quantitative analysts don't like to participate in the implementation process? What can be…

A: Implementation is the process that turns strategies ad pans into action in order to accomplish…

Q: What is business analytics? Briefly describe the domain of the major fields of business analytics…

A: Business Analytics :- Business analytics, a data management solution and business intelligence…

Q: Overweight or obese adults from psychiatric programs were recruited and randomly assigned to a…

A: Consider the following table for necessary calculation.   Treatment Group Control group…

Q: atistics can be intimidating, but it can also be rewarding. Describe at least two benefits to your…

A: There are lots of examples of statistics used by a student as below: 1) When a student studies the…

Q: Compute the correlation between average 2007 price and number of 2007 wins for these 16 teams.…

A: Note that X denotes price and Y denotes number of wins.

Q: Generate the role of business statistics for making business decision.

A: Business statistics Managers may use statistical analysis in business to assess past results,…

Q: Did promotion 2 lead to greater sales relative to the control (no promotion)?

A: Given information: The regression output is given.

Q: Ama’s mother uses the Authoritarian parental style. His dad who is laid back would rather use the…

A: Introduction: There are broadly 4 scales of measurement used in Statistics, that either categorizes…

Q: There are​ 64% of US adults who own a​ smartphone, up from​ 35% in 2011. Smartphones have become an…

A: If a study involves each and every unit related to the study, then it is called population.  If a…

Q: Explain why honesty is a hypothetical construct instead of a concrete variable?

A: Definition of hypothetical construct, Hypothetical construct is defined as it is an internal…

Q: You may need to use the appropriate technology to answer this question. In the digital age of…

A: Given:   Marketing Managers (x1) Marketing Research (x2) Advertising (x3) 4 7 5 3 6 5 4 6 5…