Which of the Following Statements About Data Analytics and Visualization

question 70

Multiple Choice

Which of the following statements about data analytics and visualization is false?

• A)The ultimate goal of data analytics is to drive profits,and often that depends on learning how to manage assets.
• B)It is easier to make sense of data than it is to collect the data.
• C)Companies and/or entire industries are using data visualization and interactivity to improve decision speed and performance often with mobile displays.
• D)Because of the demanding pace of their decisions,capital markets professionals use visualization for risk analysis,compliance monitoring,and fraud detection.

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Definitions:

F-ratios

A statistical measure used in the analysis of variance, indicating the ratio of between-group variance to within-group variance.

Skewed

A description of a distribution that is not symmetrical, where the bulk of values are located on one side of the mean.

F-ratio

A statistic calculated in analysis of variance (ANOVA) tests, comparing the variability between group means to the variability within groups.