The Rise of Data Science
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Questions and Answers

Businesses adopt data science primarily because of which of the following factors?

  • Advances in computing power
  • The availability of big data
  • The need for evidence-based decision-making (correct)
  • Novel machine learning algorithms

    • What types of data can machine learning algorithms work with?

  • Structured data only
  • Both structured and unstructured data (correct)
  • Unstructured data only
  • Text data only

    • What is one of the driving factors for the wide adoption of data science by businesses?

  • The need to be faster, better, and more nimble (correct)
  • Advances in computing power
  • The availability of big data
  • Novel machine learning algorithms

    • Why is it increasingly important to analyze data effectively for business decisions?

    <p>To keep up with market pressure</p> Signup and view all the answers

    What are some of the applications of data science mentioned in the text?

    <p>Both new drug discovery and autonomous driving</p> Signup and view all the answers

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