Predictive Analytics Practice Questions With Answers

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| By Kasturi Chaudhuri
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Kasturi Chaudhuri
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  • 1/10 Questions

    What is the difference between univariate and multivariate analysis in predictive analytics?

    • Univariate analysis deals with one variable, while multivariate analysis deals with more than one variable.
    • Univariate analysis deals with more than one variable, while multivariate analysis deals with one variable.
    • Univariate analysis deals with two variables, while multivariate analysis deals with three variables.
    • Univariate analysis deals with three variables, while multivariate analysis deals with two variables.
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About This Quiz

Ready to dive into the world of predictive analytics? Take our Predictive Analytics Quiz and discover how well you understand this powerful field! From understanding data patterns to making future predictions, this quiz covers it all. Whether you're a beginner or a pro, it's a great way to test your knowledge and learn something new about the fascinating world of predictive analytics.

By taking this quiz, individuals can assess their knowledge and proficiency in predictive analytics, identify areas for improvement, and gain insights into the practical applications of data-driven decision-making. This quiz delves into various concepts and techniques used to analyze historical data and make informed predictions about future outcomes. Participants are presented with scenarios and questions that test their understanding of predictive modeling, machine learning algorithms, data preprocessing, feature engineering, and model evaluation methods.

Predictive Analytics Practice Questions With Answers - Quiz

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  • 2. 

    What is the main goal of predictive analytics?

    • To understand the past

    • To predict future outcomes

    • To describe current situations

    • To clean the data

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  • 3. 

    What role does data cleaning play in predictive analytics?

    • It ensures the quality of the data used for analysis.

    • It predicts future outcomes.

    • It visualizes the data.

    • It estimates the relationships among variables.

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  • 4. 

    What is the role of feature selection in predictive analytics?

    • It selects the most relevant features for model building.

    • It cleans the data.

    • It visualizes the data.

    • It estimates the relationships among variables.

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  • 5. 

    What is cross-validation in predictive analytics?

    • A technique for assessing how the results of a statistical analysis will generalize to an independent data set

    • A technique for cleaning the data

    • A technique for visualizing the data

    • A technique for estimating the relationships among variables

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  • 6. 

    What is the purpose of the lift curve in predictive analytics?

    • To determine the effectiveness of a predictive model

    • To clean the data

    • To visualize the data

    • To estimate the relationships among variables

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  • 7. 

    What is the role of the AUC-ROC curve in predictive analytics?

    • It measures the performance of a classification model.

    • It cleans the data.

    • It visualizes the data.

    • It estimates the relationships among variables.

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  • 8. 

    Which of the following is a commonly used predictive analytics technique?

    • Regression analysis

    • Descriptive analysis

    • Data cleaning

    • Data visualization

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  • 9. 

    What is the purpose of a confusion matrix in predictive analytics?

    • To visualize the performance of an algorithm

    • To clean the data

    • To predict future outcomes

    • To estimate the relationships among variables

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  • 10. 

    What is the difference between overfitting and underfitting in predictive analytics?

    • Overfitting is when the model performs well on the training data but poorly on the test data, while underfitting is when the model performs poorly on both.

    • Overfitting is when the model performs poorly on the training data but well on the test data, while underfitting is when the model performs well on both.

    • Overfitting is when the model performs well on both the training data and the test data, while underfitting is when the model performs poorly on the training data but well on the test data.

    • Overfitting is when the model performs poorly on both the training data and the test data, while underfitting is when the model performs well on the training data but poorly on the test data.

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Quiz Review Timeline (Updated): Mar 22, 2024 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 22, 2024
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 21, 2024
    Quiz Created by
    Kasturi Chaudhuri
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