__________ Is the Process of Selecting, Exploring, Analyzing, and Modelling

question 55

Multiple Choice

__________ is the process of selecting, exploring, analyzing, and modelling data to create better business outcomes.

• A) Predictive tactics
• B) Proactive planning
• C) Predictive planning
• D) Proactive analysis
• E) Predictive analysis

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Definitions:

Cross-tabs

Short for cross-tabulation, a method used in statistics to analyze categorical data by creating a matrix that displays the frequency distribution of variables.

Categorical Data

Information that is divided into groups or categories which are mutually exclusive and cannot be ordered or ranked.

Categorical Data

Refers to data types that represent categories - they can be names, labels, or numbers that identify into which of several categories each data point falls.

Pivot Tables

A data summarization tool found in data visualization programs such as Excel, which can automatically sort, count, and total the data stored in one table or spreadsheet and create a second table displaying the summarized data.