Pearson SDS New Attempt

Time Series Analysis (TSA) is the process of analyzing data collected sequentially over time to extract meaningful insights.Applications include:

Option A: Correct. Event prediction (e.g., failure detection in IoT or predictive maintenance).

Option B: Correct. Forecasting future values (e.g., stock price, sales forecasting).

Option C: Correct. Pattern discovery in large-scale time series datasets using clustering, anomaly detection, or seasonality detection.

Since all three are true, the best answer is Option E (All of the above).

Exploratory analytics (often referred to as Exploratory Data Analysis – EDA) is a fundamental step in data science, enabling practitioners to discover initial insights, detect anomalies, and understand the structure of datasets before applying predictive or prescriptive modeling.

Option A (Understand the data content): Correct. EDA techniques (descriptive statistics, summary tables, profiling) reveal missing values, data types, and distributions.

Option B (Gain a high-level understanding of relationships): Correct. Correlation analysis, scatter plots, and cross-tabulations help identify dependencies between variables.

Option C (Understand patterns in the data): Correct. Visualization and clustering methods help discover hidden structures, seasonalities, and outliers.

Since exploratory algorithms contribute to all of these objectives, the correct answer is Option E (All of the above).

Business Intelligence (BI) is primarily focused on descriptive analytics and reporting — understanding historical and current business performance.

Option A (Descriptive analytics): Correct. BI uses dashboards, reports, and OLAP tools to summarize what has occurred in the past.

Option B ("What happened?"): Correct. BI answers retrospective questions by analyzing transactional and operational data.

Option C (Future state): Incorrect. Predicting future business outcomes falls under predictive analytics or advanced analytics, not BI.

Thus, the correct answer is Option D (Both A and B).

LaTeX is a high-quality typesetting system widely used in academia, particularly in scientific publishing.

Statement i: Correct. LaTeX is widely used to prepare manuscripts for scientific journals, theses, and technical reports.

Statement ii: Correct. LaTeX is a markup language (similar to HTML in concept) that compiles into formatted PDFs/documents.

Statement iii: Correct. LaTeX is a standard for publishing scientific papers due to its ability to handle complex mathematical equations, references, and formatting.

Thus, all three statements are true → Option B (i, ii, iii).