MC Which of the following costs should be included in a Total Cost of Ownership (TCO) analysis? Acquisition costs incorrect Ownership and operation costs incorrect Post ownership costs incorrect All of these costs correct MC Which of the following is not an advantage of open source software for analytics? A world-wide network of developers can work on it. incorrect It can be used in combination with commercial software. incorrect It has been thoroughly engineered and extensively tested, validated and completely documented. correct It is available for free. incorrect MC What statement about the adjacency matrix representing a social network is not true? It is a symmetric matrix. incorrect It can include weights. incorrect It is sparse since it contains a lot of non-zero elements. correct It has the same number of rows and columns. incorrect MC Is the following statement true or false? "All given success factors of an analytical model, i.e. relevance, performance, interpretability, efficiency, economical cost and regulatory compliance, are always equally important." True incorrect False correct MC Which statement is CORRECT? The closeness is always higher than the betweenness. incorrect The graph theoretic center is the node with the highest minimum distance to all other nodes. incorrect The geodesic represents the longest path between two nodes. incorrect The betweenness counts the number of the times that a node or edge occurs in the geodesics of the network. correct MC What is the correct ranking of the following analytics applications in terms of maturity? Marketing Analytics (most mature), Risk Analytics (medium mature), HR Analytics (least mature). incorrect Risk Analytics (most mature), HR Analytics (medium mature), Marketing Analytics (least mature). incorrect HR Analytics (most mature), Marketing Analytics (medium mature), Risk Analytics (least mature). incorrect Risk Analytics (most mature), Marketing Analytics (medium mature), HR Analytics (least mature). correct MC Which of the following is not a risk when outsourcing analytics? Dilution of competitive advantage due to e.g. mergers and acquisitions. incorrect Continuity of the partnership incorrect The exchange of confidential information incorrect The fact that all analytical activities need to be outsourced correct MC Which of the following are interesting data sources to consider to boost the performance of analytical models? Network data incorrect External data incorrect Unstructured data such as text data and multimedia data incorrect All of the above correct MC What is the correct ranking of the following analytics applications in terms of maturity? Risk Analytics (most mature), Marketing Analytics (medium mature), HR Analytics (least mature). correct Risk Analytics (most mature), HR Analytics (medium mature), Marketing Analytics (least mature). incorrect Marketing Analytics (most mature), Risk Analytics (medium mature), HR Analytics (least mature). incorrect HR Analytics (most mature), Marketing Analytics (medium mature), Risk Analytics (least mature). incorrect MC OLAP (On-Line Analytical Processing) can help in which of the following steps of the analytics process? Data visualization correct Data transformation incorrect Data denormalizatio incorrect Data collection incorrect