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BU6015 - Business Analytics

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What are the items in column S called?

The excel sheet contains a table of 8 columns and 8 rows. The heading in column 1 is as follows: total sales revenue. The heading in column 2 is selectable with the following menu selected: column labels. The sub-headings in columns 2 to 7 are as follows: 2018; 2019; 2020; 2021; 2022; grand total. The sub-heading in row 3 of column 1 is selectable where row labels is selected. The row entries are as follows: row 4 - deluxe; $85,950; $118,575; $173,250; $298,125; $334,125; $1,010,025. Row 5 - large; $153,900; $213,030; $294,165; $480,330; $598,050; $1,739,475. Row 6 - medium; $198,870; $296,940; $372,855; $656,460; $816,480; $2,341,605. Row 7 - small; $61,425; $81,375; $107,475; $181,350; $222,075; $653,700. Row 8 - grand total; $500,145; $709,920; $947,745; $1,616,265; $1,970,730; $5,744,805. The rows in the last column contain a line that starts from the bottom left and fluctuates and goes up and to the right and ends on the top right.

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What type of analytics would investigate performance different than was expected, such anomalies or outliers?

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Compilation of the financial statements would be a form of predictive analytics.

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Descriptive analysis is always the first type of data analytics performed.

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A company wants to maximize sales. Based on the data visualization, which business segment consistently has the highest sales?

The tree map shows the region in columns and segment in rows with the sum of sales. Following is the sales by region and segment. Consumer: central - $252,031; east - $350,908; south - $195,581; west - $362,881. Corporate - central - $157,996; east - $200,409; south - $121,886; west - $225,855. Home office - central - $91,213; east - $127,464; south - $74,255; west - $136,722.

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Benford’s law follows the distribution:

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Identify the chart type for the exhibit below.

The box plot shows dollars on the vertical axis ranging from $0 to $160 in increments of $20. The lower whisker shows a value of $2.52. The lower quartile shows a value of $13.67. The median shows a value of $30.77. The mean value shows X$38.47. The upper quartile shows a value of $54.10. The upper whisker shows a value of $109.52. The first outlier above shows a value of $120.52. The second outlier above shows a value of $140.02.

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Predicting which companies are likely to have misstated financial statements is an example of __________ in predictive analytics.

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

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An example of goal-seek analysis is determining __________.

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