UNIT -3 DATA ANALYTICS

Submitted by T.Poornima devi V.Pratheeba T.Sathya priya

ONE MARKS: 1. _____ may refer to data describing an actual economy. a)Statistical data b)Economical data c)Relational data 2. In statistical method data may be collected from_______. a)Surveys b)Aggregate c)Data set 3. A collection of data in table from comprises a______. a)Set of data b)data table c)dataset

4. Statistical elements of the subject include______. a)Measurement b)analysis c)collection d)all the above 5. The formula for statistics________ a)z=x-/ b)z= -/x c)z=x/ - d)none of these 6. Which of the following are not a type of graph a)Pie b)box c)scatter d)bar 7. Parametric and non parametric are a)Two main group of statistical significance tests b)General tests of statistical c)Alternatives to standard deviation tests d)Terms used in medical practice

8. _______model often perform calculation during live transaction a)Descriptive b)relational c)predictive d)statistic 9. The predictive technology is mainly to fight____ a)Security code b) medicare fraud c)crime fraud d)none 10. IT is also refer to as _________ a)Technical analysis b)exploratory analysis c)analytic data d)statistic data 11. _____is the science of examining raw data a)Statistical analytics b)data analytics c)economic data d)data mining

12. Data analysis is sometimes used as a synonyms for___ a)Data mining b)data warehouse c)data modeling d)Text mining 13. In the analysis phase,the raw data is converted into ______ a)Information b)chart c)tables d)all of these 14. ______data by itself, not directly useful in decision making process a)Raw b)historical c)relational d)none of these 15. The number of techniques involved in historical patterns is _______ a)2 b)3 c)5 d)6

16. In statistical methods , the analysis may be ____ a)Univariate b)multivariate c)a & b d)none 2 MARKS: 1. What is data analytics? 2. List Few points in fact based decision? 3. Define the value of usage statistics? 4. Define prediction? 5. Discuss the techniques involved in historical patterns. 6. Define data set? 7. What is predictive model?

8. Define descriptive model? 9. Give an example for predictive model. 10. Define economic data? 11. Mention some points in economic data problem? 12. Draw a pie chart based on any situation in economic trend? 13. Write any two difference between predictive and descriptive model.

FIVE MARKS : 1.Diagramatic representation of pie chart to view birth and death rate? 2.Solve the equation ,x-y=1 using statistical method? 3.Describe some points in applying statistical method to economic data? 4.Define data analytics and its uses with an example? 5.Difference between analytics and analysis? 6.Describe various phases in making business decision? 7.Describe the use of statistical data analysis in fact based decision with example? 8.Describe briefly predictive and descriptive models?

9.Discuss the main aspects of descriptive modeling? 10.What are the difference between predictive and descriptive model? 15 MARKS: 1.Give brief note on predictive and descriptive model with few examples? 2.Describe historical pattern and its benefits? Example? 3.Discuss a notes on applying statistical method to economic data , problems and trends?