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BU6015 - Business Analytics

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ANo __________ hypothesis is a hypothesis used in hypothesis testing that is opposite of the null hypothesis, or a potential result that the analyst may expect.

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What presents a collection of useful visualizations and tables to check business progress over a period of time or at a particular point in time?
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Which type of graphical summary is used by a company to track various measures?

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If the p-value of a statistical test < alpha, you:

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A specialist who knows how to work with, manipulate, and statistically test data is a:

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What is the range of the following numbers?

2 3 4 5 6 7 10 11 11 15

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If a dataset has a lot of missing data would most directly concern which aspect of Big Data?

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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. CoolIT has been spending money on innovative advertising in hopes of increasing its sales revenue. A CoolIT business analyst ran a regression using 36 months of data using the Excel Data Analysis Toolpak. The output is shown below. What is the slope of the line?

The excel sheet titled summary output contains 3 tables. The table at top contains 2 columns and 6 rows with the following sub-title: regression statistics. The row entries are as follows: row 2 - multiple R; 0.95011488. Row 3 - R square; 0.90271829. Row 4 - adjusted R square; 0.89985706. Row 5 - standard error; 6748.44918. Row 6 - observations; 36. The table below titled Anova contains 6 columns and 4 rows. The headings of columns 2 to 6 are as follows: d f; S S; M S; F; significance F. The row entries are as follows: row 2 - regression; 1; 14368384267; 1.44E+10; 315.5004; 8,92218E-19. Row 3 - residual; 34; 1548413256; 45541566; blank; blank. Row 4 - total; 35; 15916797524; blank; blank; blank. The table below contains 7 columns and 3 rows. The headings of columns 2 to 7 are as follows: coefficients; standard error; t stat; P-value; lower 95%; upper 95%. The row entries are as follows: row 2 - intercept; -836512.83; 54148.06535; -15.4486; 6.16E-17; -946554.9386; -726470.7216. Row 3 - advertising expense; 163.271654; 9.192016768; 17.76233; 8.92R-19; 144.5912287; 181.9520799.

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A new business, CoolIT, sells items to keep you cool when outside. It has collected a year of daily sales data for its most popular product, the PortaFan, that it wants to analyze. What type of data is the daily sales?
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Based on this visualization in Lab 1.2 Tableau, Assessing Customer Profitability, which of the following customers are the most profitable?

The horizontal axis represents gross margin ranging from 0 to 360 in increments of 20 and the vertical axis shows the customer numbers. The graph decreases in gross margin from top to bottom. The data are shown as follows: 2047, 360. 2088, 220. 2072, 140. 2081, 138. 2100, 136. 2060, 119. 2064, 115. 2087, 114. 2046, 114. 2086, 107. 2024, 105. 2063, 96. 2031, 81. 2018, 77. 2051, 70. 2032, 66. 2025, 65. 2079, 64. 2099, 58. 2044, 56. 2041, 47. 2067, 45. 2048, 41. 2074, 38. 2068, 37. 2001, 35. 2066, 34. 2091, 30. 2006, 30. 2077, 25. 2055, 25. 2036, 25. 2084, 23. 2073, 22. 2038, 19. 2035, 10. 2098, 9. 2023, 5. All data are approximate.

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