How is Walmart reported to have addressed its analytical needs?
A: Social media
B: Code sharing
C: Outsourcing
D: Crowdsourcing
E: None of the options... [Show More] is correct
Crowdsourcing
What is the average base salary of a data scientist reported by the New York Times?
A: $100,000
B: $150,000
C: $112,000
D: $16 per hour
E: $85,000 + Bonus
$112,000
According to professor Haider, the three important qualities to possess in order to succeed as a data scientist are:
A: Judgemental.
B: Curious.
C: Good Story Teller (Argumentative).
D: Proficient in Programming.
E: Good at Math and Statistics.
Judgemental.
Curious.
Good Story Teller (Argumentative).
According to the reading, how does the author define data science?
A: Data science is the art of uncovering the hidden secrets in data.
B: Data science is a way of understanding things and understanding the world.
C: Data science is a physical science like physics or chemistry
D: Data science is what data scientists do.
E: Data science is some data and more science.
Data science is what data scientists do.
What is admirable about Dr. Patil's definition of a data scientist is that it limits data science to activities involving machine learning.
A: False.
B: True.
False.
According to the reading, what characteristics are said to be exhibited by the best data scientists?
A: Really curious people who ask good questions and have at least 10 years of experience.
B: Curious individuals who ask good questions and are O.K. dealing with unstructured situations.
C: Really curious engineers and statisticians.
D: Really curious people who ask good questions.
E: Thinkers who are really curious and hold a Ph.D.
Curious individuals who ask good questions and are O.K. dealing with unstructured situations.
What is an example of a data reduction algorithm?
A: Prior Variable Analysis.
B: Cojoint Analysis.
C: A/B Testing.
D: Principal Component Analysis.
Principal Component Analysis.
After the data are appropriately processed, transformed, and stored, what is a good starting point for data mining?
A: Machine learning.
B: Data Visualization.
C: Non-parametric methods.
D: Creating a relational database.
Data Visualization.
"Formal evaluation could include testing the predictive capabilities of the models on observed data to see how effective and efficient the algorithms have been in reproducing data." This is known as:
A: In-sample forecast.
B: Prototyping.
C: Reverse engineering.
D: Overfitting.
In-sample forecast.
The Untied States Economic Forecast is a publication by McKinsey University Press.
A: True.
B: False.
False.
The report discussed in the reading successfully did the job of using data and analytics to generate the likely economic scenarios.
A: True.
B: False.
True.
According to the reading, in order to produce a compelling narrative, initial planning and conceptualizing of the final deliverable is of extreme importance.
A: False.
B: True.
True.
The results section is where you present:
A: The empirical findings.
B: R Squared.
C: The conclusion.
D: The methods used.
The empirical findings.
The discussion section is where you:
A: Highlight how your findings provide the ultimate missing piece to the puzzle.
B: Introduce the research methods and data sources used for the analysis.
C: Rely on the power of narrative to enable numbers to communicate your important findings to the readers.
D: Refer the reader to the research question and the knowledge gaps you identified earlier.
Highlight how your findings provide the ultimate missing piece to the puzzle.
Rely on the power of narrative to enable numbers to communicate your important findings to the readers.
Refer the reader to the research question and the knowledge gaps you identified earlier.
According to the reading, what is an example of housekeeping?
A: Adding a list of references.
B: Adding slide numbers.
C: Adding headings to charts.
D: Saving the report as a PDF file.
Adding a list of references.
According to the Module 1 reading, "The Sexiest Job in the 21st Century", a report by the McKinsey Global Institute, by 2018, it is projected that there will be a shortage of people with deep analytical skills in the United States. What is the size of this shortage?
A: 140,000 - 190,000 people
B: 800,000 - 900,000 people
C: 120,000 people
D: 3 - 6 million people
E: 20,000 - 50,000 people
140,000 - 190,000 people
According to the Module 1 reading, "The Sexiest Job in the 21st Century", data Science was called the sexiest job of what century by Harvard Business Review?
A: 19th century
B: 20th century
C: 21st century
D: 22nd century
21st century
According to the Module 1 reading "What Makes Someone a Data Scientist", Hal Varian, the chief economist at Google, declared that "the ____ job in the next ten years will be statisticians"?
A: Richest
B: Easiest
C: Sexy
D: Worst
Sexy
According to the Module 1 reading "What Makes Someone a Data Scientist", the author defines a _______ as someone who finds solutions to problems by analyzing data using appropriate tools and then tells stories to communicate their findings to the relevant stakeholders.
A: Data scientist
B: Statistician
C: Data analyst
D: Data Engineer
Data scientist
According to the Module 2 reading "Data Mining", the output of a data mining exercise largely depends on the quality of what?
A: The material
B: The data
C: The data scientist
D: The project
The data
According to the Module 2 reading, "Data Mining", when data are missing in a systematic way, you can simply extrapolate the data or impute the missing data by filling in the average of the values around the missing data.
A: False.
B: True.
False.
Based on the Module 2 reading, "Regression", the real added value of the author's research on what type of properties is quantifying the magnitude of relationships between housing prices and different determinants?
A: Residential real estate
B: Foreclosed
C: Commercial real estate
D: Vacant
Residential real estate
Based on the Module 2 reading, "Regression", the author's research revealed that adding what additional room had a bigger impact than adding a bedroom?
A: Theater room
B: Study
C: Playroom
D: Washroom
Washroom
According to the Module 3 reading, "The Final Deliverable", the ultimate purpose of analytics is to communicate findings to what people to formulate policy or strategy?
A: Marketing
B: Stakeholders
C: CEO's
D: Salespeople
Stakeholders [Show Less]
