Questions from Analytics


Q: How might classification be used in approving or denying a potential fraudulent

How might classification be used in approving or denying a potential fraudulent credit card transaction?

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Q: How is similarity matching different from clustering?

How is similarity matching different from clustering?

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Q: How does fuzzy match work? Give an accounting situation where it

How does fuzzy match work? Give an accounting situation where it might be most useful

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Q: Explain Exhibit 4-2 and why these four dimensions are helpful

Explain Exhibit 4-2 and why these four dimensions are helpful in describing information to be communicated? Exhibit 4-2 lists conceptual and data-driven as being on two ends of the continuum. Does tha...

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Q: According to Exhibit 4-8, which is the best chart

According to Exhibit 4-8, which is the best chart for showing a distribution of a single variable, like height? How about hair color? Major in college?

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Q: Box and whisker plots (or box plots) are particularly adept

Box and whisker plots (or box plots) are particularly adept at showing extreme observations and outliers. In what situations would it be important to communicate these data to a reader? Any particular...

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Q: The text mentions, “If your data analysis project is more

The text mentions, “If your data analysis project is more declarative than exploratory, it is more likely that you will perform your data visualization to communicate results in Excel.” In your opinio...

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Q: Why has most innovation in Data Analytics originated more in an internal

Why has most innovation in Data Analytics originated more in an internal audit than an external audit? Or if not, why not?

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Q: Even though it is preferable to store data in a relational database

Even though it is preferable to store data in a relational database, storing data across separate tables can make data analysis cumbersome. Describe three reasons why it is worth the trouble to store...

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Q: Is it possible for a firm to have general journals from a

Is it possible for a firm to have general journals from a product like JD Edwards actually reconcile to the general ledger in SAP? Why or why not?

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