Q. The sum of squares of the difference between the observations and the line in the horizontal direction in the scatter diagram can be minimized to obtain the estimates is generally called?

View solution

Q. ______ regression method is also known as the ordinary least squares estimation.

View solution

Q. __________ refers to a group of techniques for fitting and studying the straight-line relationship between two variables.

View solution

Q. In order to calculate confidence intervals and hypothesis tests, it is assumed that the errors are independent and normally distributed with mean zero and _______

View solution

Q. What do we do the curvilinear relationship in linear regression?

View solution

Q. When hypothesis tests and confidence limits are to be used, the residuals are assumed to follow the __________distribution.

View solution

Q. The IBM _________ analytics appliances combine high-capacity storage for Big Data with a massively-parallel processing platform for high-performance computing.

View solution

Q. ______ is an integrated hosted analytics platform for marketing insights, predictive models, and marketing optimization.

View solution

Q. ________ is rapidly being adopted for computing descriptive and query types of analytics on Big data.

View solution

Q. _________ involves predicting a response with meaningful magnitude, such as quantity sold, stock price, or return on investment.

View solution

Q. Which of the following involves predicting a categorical response?

View solution

Q. Which of the following contains pre-built predictive tools?

View solution

Q. __________ is proprietary tool for predictive analytics.

View solution

Q. Which of the following is preferred for text analytics?

View solution

Q. ______ is simplest class of analytics.

View solution

Q. _________ is a JavaScript charting library and feature-rich API set that lets you build interactive Flash or HTML5 charts.

View solution