Question
Which of the following may lead to a shift in the demand
curve?Solution
The demand curve shifts when there is change in demand not due to change in price but due to change in value of other variables influencing demand.
Which of the following scenarios demonstrates an appropriate application of time series analysis?
In hypothesis testing, what does a p-value less than 0.05 typically indicate?
During the data analysis process, which step is crucial for ensuring data accuracy before any modeling or interpretation?
Which of the following best describes the difference between simple moving averages and exponential smoothing in forecasting?
Which of the following statements correctly differentiates between continuous and categorical data?
Which of the following best describes the main purpose of Exploratory Data Analysis (EDA) in data analysis?
Which of the following is the most appropriate method to handle missing data in a dataset for predictive modeling?
In R, which function is used to perform a t-test for comparing the means of two independent samples?
In a real-time video conferencing application, users report delays and poor video quality. Which QoS mechanism would most effectively address the issue?
Which of the following is the primary benefit of using APIs over web scraping for data collection from a website?