What Is Advanced Analytics

question 240

Multiple Choice

What is advanced analytics?

• A)A collection of large, complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools.
• B)Processes and manages algorithms across many machines in a computing environment.
• C)Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.
• D)Extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information.

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Definitions:

Empirically

Relies on, deals with, or can be confirmed through observation or experience instead of theoretical understanding or purely logical reasoning.

Personality Correlates

Aspects or traits of an individual's personality that are associated with specific behaviors, preferences, or attitudes.

Political Orientation

An individual's predisposition towards certain political ideologies, philosophies, or specific political parties.

California Q-Set

A psychological assessment tool that uses a fixed set of descriptive items to evaluate personality traits.