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BU6015 - Business Analytics

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Information is defined as being data organized in a meaningful way to be useful to the user in a given context.

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Which of the following would be considered the most appropriate data type for whether or not a product is eligible for Amazon prime shipping?

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What type of distribution could have a mean, median, and mode all equal to the number 150?

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What type of distribution has the following relationship between mode, median, and mean?

Mode > Median > Mean

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Predicting whether financial statements are fraudulent or not is an example of classification.

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The most appropriate data type for the customer rating for an Amazon product would be a number.

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While Benford’s Law mainly applies to the first digit of a number, it can also be applied to:

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What type of question(s) works to explain “Why did net income increase even though sales did not?”

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Forecasting sales using past sales to plan production is an example of which type of predictive analytics?

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What are the two most common formats requested by business analysts?
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