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Midterm 1, 2018: answer questions 1, 2, 3, 4
Final exam, 2018: answer questions 1, 2, 9, 32
Provide detailed explanations for why you chose a particular answer.
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Attached.
1.
United States 59,531.66 USD (2017)
China 8,826.99 USD (2017)
(8,826.99/59,531.66)X100 =148% and rounding off to tens is equivalent to 159%
So t...
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Briefly introduce and summarize the article.
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How could the topic apply to an organization you have observed?
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For me to understand the difference is analytics is in the terms of taking the data and analyzing it over to make assumptions. Statistics are taking mathematics to test those assumptions. The three categories of analytics tools are in the lines of questions to be answered.Descriptive analytics tools answer what had happened by taking historical data to analyze and seek trends and patterns.Predictive analytics tools are to answer what would like happen next by probability predictions of future events and forecast consumer behavior. Prescriptive analytics tools answer the action to take to achieve goals by helping make decisions on how to achieve objectives within real-world constraints. Businesses use analytics to convert raw operational data into actionable information by testing a question in mind such as auditing. For my job, I work on several accounts to ensure the data is correct. We use analytics daily to ensure we are reporting the correct data to limit errors. 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