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BU6015 - Business Analytics

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Which predictive analytics technique would be used to predict the interest rate given from a lender (bank) to a borrower?

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Dashboards showing current company performance are usually associated with what type of updating?

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Which type of analysis is generally associated with predictive analytics?

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A new business, CoolIT, sells items to keep you cool when outside. Its products include coolers, generators, floats, and other water accessories designed to beat the heat. One of its most popular products, a solar cooler, was redesigned after two years of being on the market. CoolIT would like to know if monthly sales were higher for the redesigned model. CoolIT has 24 months of sales for the original model and 24 months of sales for the redesigned model. What would be the appropriate test statistic to see if the average monthly sales were different?

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What is the 75th percentile 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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What term is used to refer to the accuracy, validity and consistency of data used and stored over time?

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Based on the visualization, which state has higher sales revenue?

The map of the United States shows the sum of sales in the form of small and big spheres with 6 various amounts and colors along with the state names.

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Prescriptive analytics would be more likely to use these tools in its analysis than other types of analytics?

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Whereas Instagram pictures would generally be considered unstructured data, which of the following would generally be considered to be structured data?

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Kurtosis can be used in risk management.
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