Which data analytics type focuses on answering the question “How many computer monitors should we prepare for the next year-end sales?”
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q25-
Which data analytics type focuses on answering the question “How many computer monitors should we prepare for the next year-end sales?”
Prescriptive analytics
Predictive analytics
Descriptive analytics
Diagnostic analytics
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- multiple1- Organizations that seek the most-qualified executive available for a specific position and are generally on assignment from the company needing a specific type of individual are referred to as A- employment agencies B- job fairs. C- progressive search firms. D-executive search firms. 2-Which of the following provides an example of special event recruiting? A- Internships B- Recruiters. C- Employment agencies D- Job fairs. 3- What is perhaps the most common approach to meeting short-term fluctuations in work volume? A. Overtime B- Subcontracting C- Temporary employees D- Employee leasing. 4- The least-expensive recruitment method that provides the broadest coverage is probably through the use of A- newspaper advertising. B- special events C- recruiters. D- employment agencies.Q1.What is the difference between the types of data 1- categorical data, 2- numerical data, with an example of each type1) Define CRM and SCM systems by describing their characteristics and components, explain each of the two main types of data analytics that exist – descriptive and predictive – including how each works. Critically evaluate how, and for which purposes, data analytics can be applied in conjunction with CRM and SCM systems. Refer to concepts learned in class and use examples to illustrate your arguments.
- Q1. (400 words) Ahmed's interest was cricket. When he finished university, he wanted to work in a management job. He wanted to do his research project on some aspect of general management and social sciences, preferably for a sports goods manufacturer but had no research idea. He asked five friends, all taking business education degrees, to help him brainstorm the problem. You are requested to use the following problem-solving techniques to generate and refine the research idea in this business scenario. The technique of Brainstorming 2.The Delphi techniqueA study to determine the correlation between bankdeposits and consumer price indices in Birmingham, Alabama,revealed the following (which was based on n = 5 years of da ta):• LX = 15• Lx2 = 55• Lxy = 70• Ly = 20• L/ = 130a) What is the equation of the least-squares regression line?b) Find the coefficient of correlation. What does it imply to you?c) What is the standard error of the estimate?Divvy Bikes 2021 summer ridership has increased 30% from the ridership levels in 2020. Divvy's management attributes this to 2020 having fewer work places and recreation venues were open than in 2021. This is an example of which type of data analytics? Question 6 options: a) Descriptive b) Diagnostic c) Predictive d) Prescriptive
- 28-Choose the suitability of a particular Analytical procedure for given assertion from the following O a. More applicable to small volume of transactions that tend to be predictable over time O b. More applicable to large volume of transactions that tend to be unpredictable over time O c. More applicable to large volume of transactions that tend to be predictable over time O d. More applicable to small volume of transactions that tend to be unpredictable over timeWhat 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 accuratelyQ1) Ahmed's interest was cricket. When he finished university, he wanted to work in a management job. He wanted to do his research project on some aspect of general management and social sciences, preferably for a sports goods manufacturer but had no research idea. He asked five friends, all taking business education degrees, to help him brainstorm the problem. You are requested to use the following problem-solving techniques to generate and refine the research idea in this business scenario. i) The technique of Brainstormingii) The Delphi technique
- Experiment1: application of excel 2010 (if you have EXCEL installed on your computer) Requirement: create a pivot table and chart in excel 1. pivot table (1) basic data Please paste the table header and 1-2 rows of the data, and explain the meaning of the data. (2) pivot table Please paste the pivot table here. (3) function of this pivot table Please explain the pivot table that you have created, what is the function of the result. 2. chart (1) basic data As above (2) chart Please paste the chart here, and tell me which type of chart you have used. (3) function of this chart Please explain the chart that you have created, what is the function of the result. its management information system lab20_______ A balanced scorecard for measuring company performance a . entails putting equal emphasis on financial and strategic objectives. b . entails putting balanced emphasis on profit and non-profit objectives. c . prevents the drive for achieving financial objectives from overwhelming the pursuit of strategic objectives. d . prevents the drive for achieving strategic objectives from overwhelming the pursuit of financial objectives. e entails creating a set of objectives that is "balanced" in the sense of including both financial and strategic objectives.Business analytics concepts a) Data used in business analytics need to be reliable and valid. Explain your opinion on the statement and provide practical examples to support your answer. b) What are the similarities and differences between correlation analysis and regression analysis? c) What types of measurements can be used to measure the central tendency of the data? Please compare the advantages and disadvantages between these measurements.