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Questions and Answers
What is the main goal of data analysis?
What is the main goal of data analysis?
- Exploring new features in the data
- Discovering useful information and supporting decision-making (correct)
- Focusing solely on statistical modeling
- Aggregating data for business intelligence
Which technique focuses on statistical modeling and predictive knowledge discovery?
Which technique focuses on statistical modeling and predictive knowledge discovery?
- Exploratory data analysis
- Data mining (correct)
- Confirmatory data analysis
- Descriptive statistics
What does business intelligence mainly focus on in data analysis?
What does business intelligence mainly focus on in data analysis?
- Aggregation of data (correct)
- Descriptive statistics
- Exploring new features in the data
- Predictive knowledge discovery
Which domain does data analysis NOT find application in?
Which domain does data analysis NOT find application in?
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What are the three main divisions of statistical applications in data analysis?
What are the three main divisions of statistical applications in data analysis?
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What is data analysis?
What is data analysis?
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What is the focus of data mining?
What is the focus of data mining?
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What does business intelligence mainly focus on?
What does business intelligence mainly focus on?
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Which type of data analysis focuses on discovering new features?
Which type of data analysis focuses on discovering new features?
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What is the goal of data analysis in today's business world?
What is the goal of data analysis in today's business world?
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