The Text Points Out That Big Data Analytical Thinkings Can

question 128

Multiple Choice

The text points out that big data Analytical Thinkings can be used to

• A) personalize the shopping experience.
• B) generalize about increasingly larger segments.
• C) identify outliers more readily.
• D) promote shopping at home.

Comprehend the essential last steps in report creation, including revision and submission process.

Understand how to develop a good writing style for reports through knowledge and practice.

Acknowledge the importance of specific components in the report's introduction, such as purpose, scope, and methodology.

Understand the principles of organizing different types of progress reports based on audience expectations and content familiarity.

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Definitions:

Sample Mean

The average of all the data points in a sample.

Z-statistic

The Z-statistic is a type of standard score that indicates how many standard deviations an element is from the mean, used in hypothesis testing for normal distributions.

Standard Error

A measure that describes the distribution of sample means around the population mean in a sampling distribution.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; indicates how much the values in a data set differ from the mean.