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In winkelwagenWhat is the order that was discussed in the literature and lecture?
Management question - Management dilemma - Research question
Management dillemma - Management questions - Research question
Research question - Management question - Management dilemma
Research question - Management dilemma - Management question
Management dillemma - Management questions - Research question
input text value
At what stage would you suggest to include theory?
When defining the management dilemma
When defining the management question
When defining the research question
Including theory is relevant in all stages
When defining the research question
input text value
The manager wants you to create an overview of conversion per age group of last month. He thinks there might be differences between age groups, which is an opportunity for the new marketing strategy. What part of the research process are we talking about?
Management Dilemma
Management Question
Research Question
Subquestion
Which statements about the opportunity tree are correct?
(1)The opportunity tree is helpful in identifying solutions that answer the management question.
(2) The opportunity tree is helpful in prioritizing solutions that answer the management question.
(3) The opportunity tree is helpful in identifying opportunities that help answer the management question.
(4) All statements are correct
Which of the items is most likely formulated in terms of symptoms of the underlying problem?
The management question
The management dilemma
The research question
None of the items above is formulated in terms of the symptoms of the underlying problem
One of the seven elements Wehkamp.nl considers of a Data Strategy is 'Sourcing and Gathering Data'. Arnoud talked about the Data Warehouses (DWH) and Data Lakes (DL). What is the difference between these two approaches?
DL stores only the raw data
DWH is a bottom-up-approach
DL stores cleaned and organized data
DWH stores only the raw data
How did Arnoud de Munnik of Wehkamp.nl describe the field of Data Science during his guest lecture?
As the intersection of: (1) Domain Expertise, (2) Technical Data Engineering and (3) Machine Learning
As the intersection of: (1) Domain Expertise, (2) Hacking Skills (IT) and (3) Math and Statistical Knowledge
As the intersection of: (1) Domain Expertise, (2) Technical Data Engineering and (3) Math and Statistical Knowledge
As the intersection of: (1) Domain Expertise, (2) Hacking Skills (IT) and (3) Machine Learning
As the intersection of: (1) Domain Expertise, (2) Technical Data Engineering and (3) Math and Statistical Knowledge
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What type of analytics did Arnoud de Munnik of Wehkamp.nl distinguish in his guest lecture?
Descriptive, Diagnostic, Predictive and Prescriptive
Correlational, Causal, Predictive and Prescriptive
Descriptive, Causal, Predictive and Prescriptive
Correlational, Diagnostic, Predictive and Prescriptive
Descriptive, Diagnostic, Predictive and Prescriptive
input text value
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Test your knowledge on the material from Week 1, 5 and 6! These are the official quizzes of week 1, 5 and 6 for Data Engineering for MADS (EBM213A05). For the best deal purchase the Ultimate Edition of the summary. 100% of profit from the complete summary is donated to local Groningen NGOs, as well as national ones.
30 oefenvragen
English
10-02-2023
Universiteit / Rijksuniversiteit Groningen / Marketing / Data Engineering for MADS
Lecture Summary for Data Engineering for MADS Readings Summary for Data Engineering for MADS (Mandatory & Optional Papers + Book Chapters)
What is the order that was discussed in the literature and lecture?
Management question - Management dilemma - Research question
Management dillemma - Management questions - Research question
Research question - Management question - Management dilemma
Research question - Management dilemma - Management question
At what stage would you suggest to include theory?
When defining the management dilemma
When defining the management question
When defining the research question
Including theory is relevant in all stages
The manager wants you to create an overview of conversion per age group of last month. He thinks there might be differences between age groups, which is an opportunity for the new marketing strategy. What part of the research process are we talking about?
Management Dilemma
Management Question
Research Question
Subquestion
Which statements about the opportunity tree are correct?
(1)The opportunity tree is helpful in identifying solutions that answer the management question.
(2) The opportunity tree is helpful in prioritizing solutions that answer the management question.
(3) The opportunity tree is helpful in identifying opportunities that help answer the management question.
(4) All statements are correct
Which of the items is most likely formulated in terms of symptoms of the underlying problem?
The management question
The management dilemma
The research question
None of the items above is formulated in terms of the symptoms of the underlying problem
One of the seven elements Wehkamp.nl considers of a Data Strategy is 'Sourcing and Gathering Data'. Arnoud talked about the Data Warehouses (DWH) and Data Lakes (DL). What is the difference between these two approaches?
DL stores only the raw data
DWH is a bottom-up-approach
DL stores cleaned and organized data
DWH stores only the raw data
How did Arnoud de Munnik of Wehkamp.nl describe the field of Data Science during his guest lecture?
As the intersection of: (1) Domain Expertise, (2) Technical Data Engineering and (3) Machine Learning
As the intersection of: (1) Domain Expertise, (2) Hacking Skills (IT) and (3) Math and Statistical Knowledge
As the intersection of: (1) Domain Expertise, (2) Technical Data Engineering and (3) Math and Statistical Knowledge
As the intersection of: (1) Domain Expertise, (2) Hacking Skills (IT) and (3) Machine Learning
What type of analytics did Arnoud de Munnik of Wehkamp.nl distinguish in his guest lecture?
Descriptive, Diagnostic, Predictive and Prescriptive
Correlational, Causal, Predictive and Prescriptive
Descriptive, Causal, Predictive and Prescriptive
Correlational, Diagnostic, Predictive and Prescriptive
What is according to Arnoud de Munnik from Wehkamp.nl the challenge of the domain 'Math & Statistical Knowledge'?
Building models that add value to the business
Building models with the shortest runtime
Building models with the best performance
Building models that will work
What are 'measures' (or KPI's) that Wehkamp.nl often uses according to Arnoud de Munnik?
Product margin, Conversion, Returns, Top 10 ssearch terms
Product impressions, Conversion, Returns, Top 10 search terms
Product impressions, Conversion, Returns, Customer Lifetime ValueC
Product margin, Conversion, Returns, Customer Lifetime Value
Locating and identifying data elements in source files is called: Parsing, Extracting, Querying OR Consolidating?
Combining the beach wear categories labelled 'boxer shorts' and 'boxer-shorts' in one category is a form of... Matching, Correcting, Consolidating OR Standardizing?
Which of the items below is not a requirement for tidy data? Variables in columns, Observations in rows, Column headers are values OR One type per data set.
When respondents are reluctant to share low income values, missing values for the income variable are considered as: random missing values, MAR, MCAR or MNAR?
Consider the case where elderly people are less likely to report their income. Which of the options below is correct?
(1) Missing observations for income are MAR, if age is included in the analysis
(2) Missing observations for income are MAR, if age is not included in the analysis
(3) Missing observations for income are MNAR, if age is included in the analysis
(4) Missing observations for income are MNAR, if age is not included in the analysis
Consider the following statements about MAR methods:
A. MAR methods are mostly better than traditional/naive methods
B. Methods for MNAR are always better than MAR methods
Which of the statements below about listwise deletion is not true?
Listwise deletion is a reasonable approach if not more than 5% of the data points is lost
Listwise deletion may lead to biased results
Listwise deletion always leads to loss of statistical power
Listwise deletion is the preferred option by most Data Scientists
What is the most important advantage of multiple imputation?
Multiple imputation filters out errors from various sources
Averaging across multiple imputations leads to more accurate estimation results
By repeating the imputations, the results converge faster
Multiple imputation allow for errors from various sources to affect the imputation
Which of the statements about the Mahalanobis distance is not true?
Assessing the Mahalanobis distance is the multivariate equivalent of the manner in which outliers are identified in a boxplot
Values of the Mahanalobis distance should be assessed with a t-distribution
Is a distance measure that represents the deviation of a data point to the overall center of the data
The Mahanalobis distance takes the relationship between the variables in the analysis into account
Consider the sequence of numbers: 1, 3, 6, 12, 14, 20, 24, 36, 73, 100. Which of the statements below is true?
The 20% trimmed mean of this sequence equals 18.67
The 20% trimmed mean of this sequence equals 23.5
The 20% trimmed mean of this sequence equals 26.4
The 20% trimmed mean of this sequence equals 28.9
Combining several sources into one model to solve a defined problem is called...
Problem Solving
Collateral Catch
Data Exploitation
Data Mining
There are different types of analysis with different levels of complexity. Which order, from low to high complexity, is correct?
Descriptive, Diagnostic, Predictive, Prescriptive
Diagnostic, Predictive, Descriptive and Prescriptive
Diagnostic, Descriptive, Predictive, Prescriptive
Prescriptive, Predictive, Diagnostic, Descriptive
Which of the following statements is true?
Data Science is a subset of Machine Learning
Machine Learning is a subset of Artificial Intelligence
Deep Learning is a subset of Data Science
Machine Learning is a subset of Deep Learning
For descriptive analytics you can make use of reports, also known as key figures. Which plots are often used in reporting analytics?
Scatterplot and line graph
Boxplot and histogram
Histogram and line graph
Scatterplot and boxplot
Which test do you need if you want to compare a one-to-one relation between a numerical KPI and a categorical potential driver with 4 levels?
ANOVA
T-test
Chi-square-test
Wilcoxon rank test
Levene's test is
A test for multicollinearity
A test for homogeneity of means
A test for homogeneity of variances
A test for normality
In a decile analysis the customers are divided in 10 equal-sized groups. How are these groups created?
Based on a customer characteristic, e.g. zip code or age
Based on their customer number
Based on the ordered KPI (from high to low)
Randomly in 10 groups
Which insight can a migration analysis give?
To understand changes in aggregate sales (or another important KPI)
To understand how customers behave (e.g. which product(combinations) do they have over time)
To understand the status of the customers (e.g. churn)
All of the above
Which of the following statements is correct?
Cluster analysis is the same as a regression analysis
Cluster analysis is a segmentation technique
Cluster analysis can be done using a principal components analysis
Cluster analysis can work with a large number of variables
What are often used value drivers in a like-4-like analysis?
Recency, Frequency, Monetary value
Revenue, Service Costs, Retention
Response rate, Conversion rate
Inflow, Upsell, Stable, Downsell, Churn
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