Business Analytics- Quiz #2

_______ statistics is about drawing conclusions about the characteristics of the population

Inferential

With a dashboard, information on sources of the data being presented, the quality and currency of underlying data provide contextual ________ for users.

Metadata

List the five most common functions of business reports

Provide info, ensure proper functioning, provide results of an analysis, persuade others to participate, create an organizational memory

_______ series forecasting is the use of mathematical modeling to predict future values of the variable of interest based on previously observed values.

Time

There are basic chart types and specialized chart types. A Gantt chart is a specialized chart type.

True

Contextual meta-data for a dashboard includes all of the following EXCEPT

Which operating system is running the dashboard server software

This plot is a graphical illustration of several descriptive statistics about a given data set.

box and whiskers plot

Which characteristic of data means that all the required data elements are included in the data set?

data richness

Key performance indicators (KPIs) are metrics typically used to measure

internal results

The Internet emerged as a new medium for visualization and brought all the following EXCEPT

new forms of computation of business logic.