What Are Advanced Analytics

question 263

Multiple Choice

What are advanced analytics?

• A)Processes and manages algorithms across many machines in a computing environment.
• B)Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.
• C)Occurs when the user goes into an emotional state of over-analysis (or over-thinking)a situation so that a decision or action is never taken, in effect paralyzing the outcome.
• D)A business analytics specialist who uses visual tools to help people understand complex data.

---

Definitions:

N

Often represents the sample size or the number of participants or observations in a study.

Campaign Commercials

Visual or audio marketing messages designed for television or digital platforms aiming to influence audience attitudes or behaviors towards a political candidate or issue.

Quiz Results

The outcomes or scores obtained from taking a quiz, typically used for assessment purposes.

Wilcoxon Signed Rank Sum Test

A nonparametric statistical test used to compare two related samples to assess whether their population mean ranks differ.