8 Questions
Match the following analytics term with its definition:
Descriptive analytics = Summarizes historical data to provide insights Predictive analytics = Uses data to predict future outcomes Prescriptive analytics = Provides recommendations on what actions to take
Match the following analytics application with its description:
Web analytics = Analysis of online activity for website optimization and ad placement Sports analytics = Used by professional teams for player assessment and strategy decisions Supply chain analytics = Focuses on efficient delivery and logistics for companies like UPS and FedEx Marketing analytics = Enhances consumer understanding for better advertising and pricing strategies
Match the following technology with its description:
Hadoop = Open-source environment supporting big data processing MapReduce = Programming model used within Hadoop for mapping and reducing data Data security = Protects stored data from unauthorized access or damage Big data = Refers to large datasets that require specialized tools for processing
Match the following analytics use case with its purpose:
Health care analytics = Improving patient scheduling, flow, and inventory control Financial analytics = Forecasting financial performance and assessing investment risk Human resource (HR) analytics = Ensuring organizational skill mix, talent acquisition, and diversity goals Government analytics = Driving efficiency and program effectiveness in government operations
Match the following application area with its impact:
Web analytics = Optimizing website configuration, ad placement, and social network utilization Marketing analytics = Enhancing advertising budgets, pricing strategies, demand forecasting, and customer satisfaction Supply chain analytics = Improving inventory control, processing efficiency, and supply chain management Health care analytics = Enhancing patient scheduling, flow, purchasing, and inventory management
Match the following sports-related analytics with their purpose:
Sports analytics = Assessing players for drafts and making contract offers Professional motorcycle racing teams' optimization = Improving gearbox design for competitive advantage MLB playoff series assistance = Helping with on-field decisions like pitcher selection
Match the following financial analytics tasks with their objectives:
Forecasting future financial performance = Predicting company's financial outcomes in upcoming periods Assessing risk of investment portfolios and projects = Evaluating potential risks associated with investments Creating optimal portfolios of investments = Developing well-balanced investment portfolios for maximum return Allocating assets efficiently = Assigning resources in a way that maximizes returns and minimizes risks
Match the following terms related to big data with their meanings:
Four Vs of big data (Volume, Velocity, Variety, Veracity) = Key characteristics defining big data challenges and opportunities Data scientists = Experts who analyze massive datasets using advanced analytical methods
Explore the world of web analytics and sports analytics in this quiz. Learn about how leading companies use descriptive and advanced analytics to optimize websites, ads, and social media promotions, as well as how professional sports teams utilize analytics for player assessment and decision-making.
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