Prescriptive Analytics and Big Data Quiz

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16 Questions

What does 'Velocity' refer to in the context of big data?

The speed at which the data is generated

What is the main focus of analytics in the context of big data?

Contextualizing and processing raw data into useful information

What is a characteristic of big data related to its 'Volume'?

It is so large that it would not fit on a single machine

What does 'Variety' refer to in the context of big data?

The forms of the data, such as structured, unstructured, or semi-structured

What is the primary focus of descriptive analytics?

Analyzing past data to present it in a summarized form

Which type of analytics is used for diagnosing the reasons as to why certain events happened?

Diagnostic Analytics

What is the main purpose of predictive analytics?

Predicting the occurrence of an event or forecasting the future values

Which type of analytics involves analyzing past data to present it in a summarized form?

Descriptive Analytics

What is the main focus of prescriptive analytics?

Predicting various outcomes

Which type of data is involved in big data analytics?

Structured, semi-structured, and unstructured data

What techniques are used in big data analytics?

Clustering and regression

When are specialized tools and frameworks required for big data analysis?

When dealing with massive scale data

What are the three main characteristics of big data mentioned in the text?

Volume, velocity, variety

Which type of analytics involves analyzing historical data to search for patterns indicating fraud?

Descriptive analytics

In which phase of the big data analytics life-cycle is the data stored in specialized storage solutions designed to scale?

Data storage and scaling

What can wearable electronic devices allow in the healthcare example mentioned in the text?

Non-invasive and continuous monitoring of physiological parameters

Test your knowledge about prescriptive analytics and big data, including prediction models, outcomes, and advanced analytic techniques used against large and diverse data sets.

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