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BU6015 - Business Analytics

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What type of data indicates which transactions are returns, and which transactions are purchases?

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Testing for duplicate transactions is an example of what type of diagnostic analytics?

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The balance in the company cash account is deterministic as compared to being probabilistic.

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Nominal data is numerical data that cannot be ranked.

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Identify the chart type for the exhibit below.

The figure shows a box plot. The vertical axis shows dollars ranging from $0 to $160 in increments of $20. The lower whisker has a value of $2.52. The first quartile has a value of $13.67. The median or the second quartile has a value of $30.77. Inside the box above the second quartile the following is entered: X$38.47. The third quartile has a value of $54.10. The upper whisker has a value of $109.52. The outlier above the upper whisker has a value of $120.52. The outlier and maximum value is $140.02.

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Which of the following products did customers buy the most of? Hint: An invoice is a receipt given to a customer at the time of sale listing all of the products included in the sale.

The tree map shows a few product numbers by quantities. Following are the product numbers from the highest count to the lowest count: SKY-BAT; SKY-PLR; SKY-STK; SKY-CHG; SKY-PRK; SK2-CIK; SK2-ADP; SK2-SPK; MEM-64; MEM-128; PRK-CSE; SK2-BEA; SK2-CHG; SK2-JOY; SK2-PRK; SK2-USB; blank; SK2-STK; MEM-256; blank.

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Assume that a company, UGrowIt, helps people who are new to growing vegetables or have not been successful at growing vegetables in the past. UGrowIt’s employees called Growers travel to people’s gardens and provides gardening advice on how to get started, eliminate pests and insects, or troubleshoot other gardening problems. Each Grower maintains a log of miles traveled as well as time spent at each client. The CEO of UGrowIt wants to know customers’ satisfaction with each Grower using phone interviews. What type of sampling method would be appropriate to make sure that each Grower has adequate representation of customers selected for a phone interview?

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A full year’s worth of Instagram posts and Twitter tweets before filtering or extraction would be considered to be which of the following?

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"What should we do based on what we expect will happen?" is investigated using Prescriptive Analytics.

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What is the median Sales Price in the chart shown below?

The box plot shows the sales price in dollars on the vertical axis ranging from $0 to $3,000 in increments of $500. The lower whisker shows a value of $19.00. The lower quartile shows a value of $59.00. The median shows a value of $149.00. The mean value shows X$625.40. The upper quartile shows a value of $949.00. The upper whisker shows a value of $1,799.00. The first outlier above shows a value of $2,299.00. The second outlier above shows a value of $2,599.00.

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