Data Science Quiz 1

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The post is about the Data Science Quiz. There are 20 multiple-choice type questions covering topics related to data science, statistics, data science software, exploratory data analysis, machine learning, etc. Let us start with the Data Science Quiz now.

Data Science Online Quiz with Answers

1. What are some examples of languages designed for data analysis?

 
 
 
 
 

2. Randomization of a treatment in a design is used for:

 
 

3. A way to obtain generalizability of an ML algorithm

 
 

4. What are the two goals of exploratory data analysis?

 
 
 
 

5. Which part is NOT part of the data analysis process?

 
 
 
 

6. The broad areas of statistics are:

 
 
 
 
 

7. Some ways we can declare success in data science include

 
 
 

8. Descriptive analysis includes which activities

 
 
 

9. Data science is

 
 
 
 
 

10. The two broad categories of machine learning

 
 
 

11. Supervised machine learning algorithms focus on

 
 
 

12. Predictions are typically evaluated by:

 
 
 

13. The outputs of a data science experiment often include

 
 
 

14. An analyst on your team engages in exploratory data analysis of a dataset. The EDA inspires him to ask a new question about the data so he begins the data analysis process on this same dataset and goes through the 5 phases.

What is wrong with this approach?

 
 
 

15. Traditional statistical approaches often differ from ML approaches by

 
 
 

16. What role does software engineering play in data science?

 
 
 

17. What is the benefit of building software packages for data analysis?

 
 
 

18. Statistical inference is defined as:

 
 
 
 

19. When should you consider developing a software package?

 
 
 

20. A negative outcome from a data science experiment would include

 
 
 
 

Online Data Science Quiz with Answers

  • Data science is
  • The broad areas of statistics are:
  • Descriptive analysis includes which activities
  • Statistical inference is defined as:
  • Predictions are typically evaluated by:
  • Randomization of a treatment in a design is used for:
  • The two broad categories of machine learning
  • Supervised machine learning algorithms focus on
  • A way to obtain generalizability of an ML algorithm
  • Traditional statistical approaches often differ from ML approaches by
  • What role does software engineering play in data science?
  • What is the benefit of building software packages for data analysis?
  • When should you consider developing a software package?
  • A negative outcome from a data science experiment would include
  • What are some examples of languages designed for data analysis?
  • What are the two goals of exploratory data analysis?
  • Which part is NOT part of the data analysis process?
  • The outputs of a data science experiment often include
  • Some ways we can declare success in data science include
  • An analyst on your team engages in exploratory data analysis of a dataset. The EDA inspires him to ask a new question about the data so he begins the data analysis process on this same dataset and goes through the 5 phases. What is wrong with this approach?
Data Science Quiz with Answers

Statistics for Data Analysts

Microeconomics Quiz Questions 1

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The post is about an Economics and Microeconomics Quiz Questions with answers. There are 20 multiple-choice type questions covering the topics related to the elastic, cost, and average cost, perfectly elastic demand curve, marginal returns, monopolistic competitive market structure, revenue, fixed costs, profit, demand, substitute goods, and elasticity of demand. Let us start with the microeconomics quiz questions with answers.

Please go to Microeconomics Quiz Questions 1 to view the test

Microeconomics Quiz Questions with Answers

  • When is a good considered to be “elastic” in terms of demand?
  • Which of the following is an example of a public good?
  • What is the formula for calculating price elasticity of demand?
  • Which of the following is a characteristic of a perfectly elastic demand curve?
  • What is the primary determinant of the level of profit a firm can earn in the long run?
  • What is a “monopsony” in the context of labor markets?
  • Which of the following is a characteristic of a monopolistic market structure?
  • What is the formula for calculating total cost?
  • Which of the following is an example of a cartel?
  • What is the primary objective of a monopolist?
  • Which of the following is a characteristic of a perfectly inelastic demand curve?
  • What is the primary difference between accounting profit and economic profit?
  • Which of the following is a characteristic of a perfectly competitive market in the long run?
  • What is the price elasticity of demand for a perfectly inelastic demand curve?
  • Which of the following is a characteristic of an oligopoly market structure?
  • When is a good considered to be a “luxury” in terms of demand?
  • What is the primary determinant of a consumer’s decision to purchase a product?
  • What is the formula for calculating average total cost (ATC)?
  • What is a “substitute good” in economics?
  • Which of the following is NOT a characteristic of a monopolistic market structure?
Microeconomics Quiz Questions with Answers

Statistics and Data Analysis

Microeconomics Quiz 1

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The post is about an Economics and Microeconomics quiz with answers. There are 20 multiple-choice type questions covering the topics related to utility, competitive market, equilibrium, normal goods, marginal returns, monopolistic competitive market structure, revenue, fixed costs, profit, demand, substitute goods, and elasticity of demand. Let us start with the microeconomics quiz with answers.

Please go to Microeconomics Quiz 1 to view the test

Online Microeconomics Quiz with Answers

  • In economics, what does the term “utility” refer to
  • Which of the following is NOT a characteristic of a perfectly competitive market
  • What happens to consumer surplus when the price of a good decreases?
  • In the context of demand and supply, what does the “equilibrium price” represent
  • Which of the following is an example of a normal goods
  • What is the main objective of a firm in the short run?
  • In the long run, a firm in a competitive market will earn
  • What is the law of diminishing marginal returns
  • Which of the following is a characteristic of a monopolistic competitive market structure?
  • What is the profit-maximizing level of output for a perfectly competitive firm in the short run?
  • What is the formula for calculating total revenue in economics?
  • Which of the following is an example of a fixed cost for a firm?
  • In a perfectly competitive market, how does a firm maximize profit in the long run?
  • What is the shape of the demand curve for a perfectly competitive firm?
  • Which of the following is NOT a determinant of demand?
  • Which of the following is an example of a positive externality?
  • What is the primary goal of antitrust laws?
  • What is the cross-price elasticity of demand for substitute goods?
  • Which of the following is a characteristic of a natural monopoly?
  • What is the main purpose of a price ceiling in a market?
MCQs Microeconomics Quiz with Answers

Statistics and Data Analysis

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