Question
Each of the following is an example of external
secondary data EXCEPT?Solution
External secondary data is published data from outside the organization.
What is a common method to handle missing data in a dataset?
Why is sampling often preferred over using the entire population for data analysis?
How does supply chain optimization benefit from predictive analytics?
Which forecasting method is most appropriate for time series data with a consistent trend but no seasonality?
Which of the following is a key distinction between Big Data and Traditional Data in the context of data analysis?
...Which IoT communication protocol is lightweight and optimized for constrained devices?
Which of the following strategies helps reduce sampling bias?
Which Python library is primarily used for data manipulation and cleaning?
In time series analysis, which component is characterized by predictable, cyclical patterns that repeat at fixed intervals?
A company divides its employees into departments (e.g., HR, IT, Marketing) and then selects random samples from each department for a satisfaction surve...
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