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Free CMA-FINANCIAL-PLANNING-PERFORMANCE-AND-ANALYTICS Exam Braindumps (page: 12)

Page 11 of 29
PDF with 112 Questions

A scatterplot is an effective visualization technique that is used to:

  1. compare and track the change in data points over multiple time periods.
  2. show the relationship of data points for two specific variables
  3. illustrate the composition of an aggregate data point that changes over several periods
  4. display the distribution of data points for a single variable

Answer(s): B



The price of gold is impacted by many variables A gold-mining company analyst wants to estimate the probability that the price of gold will decline by greater than 10%.
Which one of the following approaches is the best analytic tool to use?

  1. Time series analysis
  2. Goal-seeking analysis
  3. Monte Carlo simulation
  4. Regression analysis

Answer(s): C



Huaxia Manufacturing's standard cost card for product GH1 includes the following:



During the month of June, Huaxia produced 12,300 units. The purchasing department purchased 30,400 yards of fabric for a total cost of $100,320. The production department used 25.300 yards of fabric in June.
What is Huaxia's direct materials price variance for the month of June?

  1. $2,450 unfavorable
  2. $6,080 favorable
  3. $14,220 unfavorable
  4. $11,770 unfavorable

Answer(s): B



A company has developed a core competency in data mining.
Which one of the following best describes this core competency?

  1. Ability to derive valid information from large databases usingstatistical techniques
  2. Expertise in extracting data from large volumes of unstructured text using query tools
  3. SQL mastery for structuring data as a oasis for applying data analytics
  4. Ability to develop recommendations for action based on the analysts of large data sets

Answer(s): A






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