Data Analysis Quiz: Questions And Answers

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Question 1

How does the Pearson correlation coefficient differ from the Spearman rank correlation coefficient?

  • Pearson is for categorical data; Spearman is for numerical data

  • Pearson assumes linear relationships; Spearman assesses monotonic relationships

  • Pearson is non-parametric; Spearman is parametric

  • Pearson handles outliers better than Spearman

Question 2

How does "Non-Negative Matrix Factorization" (NMF) contribute to dimensionality reduction in data analysis?

  • By transforming features into a lower-dimensional space

  • By assigning equal importance to all features

  • By evaluating the correlation between features

  • By measuring the entropy of each feature

Question 3

What is the purpose of the term "Hierarchical Clustering" in clustering analysis?

  • Assessing the correlation between clusters

  • Creating a hierarchy of clusters based on similarities

  • Identifying outliers in clustered data

  • Measuring the similarity within clusters

Question 4

What is the primary purpose of the term "Confusion Matrix" in classification problems?

  • Assessing multicollinearity in regression models

  • Evaluating the distribution of residuals

  • Summarizing the performance of a classification model

  • Identifying outliers in a dataset

Question 5

In time series analysis, what does the term "Exponential Smoothing" refer to?

  • Identifying outliers in time series data

  • Handling missing values in time series data

  • Forecasting future values by giving more weight to recent observations

  • Assessing the autocorrelation between time series and lagged values

Question 6

How does the term "Ensemble Learning" improve model performance in machine learning?

  • Reducing model complexity

  • Combining predictions from multiple models

  • Handling outliers by giving less weight to extreme values

  • Ensuring that features contribute equally to a model

Question 7

What is the purpose of the term "Multicollinearity" in regression analysis?

  • Identifying outliers in a dataset

  • Assessing the spread of data

  • Evaluating the correlation between predictor variables

  • Handling missing values in regression models

Question 8

What does the term "confidence interval" represent in statistical analysis?

  • The range of values within which a population parameter is estimated to lie

  • The average of sample values

  • The proportion of data falling within a specified range

  • The standard error of the mean

Question 9

How does the term "Binning" contribute to feature engineering in data analysis?

  • Converting numerical features into categorical bins

  • Removing outliers from a dataset

  • Transforming features into a lower-dimensional space

  • Filling missing values in a dataset

Question 10

In data analysis, what does the term "Lift" signify in the context of a predictive model?

  • The ratio of true positives to false positives

  • The improvement in predictive performance compared to a random model

  • The increase in model complexity

  • The impact of outliers on model predictions

There are 27 questions to complete.

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