Reading Quiz for Week 13

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MIS0855: Data Science

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According to UNSW (2020), the simplest type of analytics is... *

1 point

Prescriptive

Formative

Predictive

Descriptive

According UNSW (2020), descriptive analytics is... *

1 point

Often not needed

The final stage of the analysis

A starting point for analysis

The cheapest form of analytics

What kind of benefits predictive analytics can offer? (UNSW 2020) *

1 point

Improved efficiency of operations

Better customer service

The reduction of risks

All of the above

Why are high-quality data important in machine learning? (Model Training with Machine Learning) *

1 point

High-quality data are hard to obtain

Customers often require to see the data

Better data are more effective in improving analysis than fancier algorithms

All of the above

According to UNSW (2020), predictive analytics... *

1 point

Can tell what will happen in the future

Can tell what may happen in the future

Can tell what should happen in the future

Cannot tell anything about the future

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