Quiz 1 - Defining Data Science and What Data Scientists Do PDF

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Quiz 1 Question 1. Data science is the art of mining data to identify the insights and trends that can make strategic choices for an organization. • TRUE • FALSE Question 2. When did the definition of Data Science come up? • 60s • 90s • 70s • 50s Question 3. Choose the correct statement about the past? • The software was expensive • Store large amount of data • Have a lot of algorithms Question 4. Your competitive advantage in Data Science is only going to be your analytical skills. • TRUE • FALSE Question 5. According to the reading, what did Bernard Marr raise concerns in Forbes? • By 2018, the world is faceing a shortage of 140,000 to 190,000 people with deep analytical skills. • There just aren't enough people with the required skills to analyze and interpret the information transforming from raw data into actionable insights. • It is like an arms race to hire statisticians nowadays. Question 6. Harvard Business Review called data science the sexiest job in the 21st century. • TRUE • FALSE Question 7. According to the report by the McKinsey Global Institute, by 2018, it is projected that there will be a shortage of 140,000 – 190,000 people with deep analytical skills in the world. • TRUE • FALSE Question 8. How is Walmart reported to have addressed its analytical needs? • Code sharing • Crowdsourcing • Outsourcing • None of the options is correct • Social media Question 9. What is the average base salary of a data scientist reported by the New York Times?

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$100,000 $150,000 $112,000 $16 per hour $85,000 + Bonus

Question 10. According to professor Haider, the three important qualities to possess in order to succeed as a data scientist are curious, judgemental, and proficient in programming. • TRUE • FALSE...