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svet-max [94.6K]
3 years ago
7

Why are the original/raw data not readily usable by analytics tasks? What are the main data preprocessing steps? List and explai

n their importance in analytics.
Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

Kindly check explanation

Explanation:

Raw or original data are usually not readily usable largely because they are usually untidy. These include the data format, unnecessary inclusions in data such as signs and symbols and so on.

Data preprocessing involves the series of operations performed on data before using the to run analytics.

They include :

Data cleaning : This involves the removal of missing data points or filling them with appropriate values,

Data integration : when using data from different sources, this data would have to be combined or merged appropriately.

Data transformation : Data may need to be transformed in other make it usable for its intended purpose. Transformation techniques include standardized or normalized, one hot encoding and so on.

Data Reduction : this include principal componnent analysis and other attribute selection processes.

Analytics has proven to be an important tool in various sectors and industries such as business, technology with its ability to make model based prediction enabling business to move further ahead in production and Decison making, hence driving revenue and growth

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A buyer values a house at $525,000 and a seller values the same house at $485,000. If sales tax is 8% and is levied on the buyer
iren [92.7K]

The highest amount that the buyer will have to pay is the final sale value price plus the value of the sales tax. In this case, the buyer will be paying $523,800 for the house.

<h3>What is Sales Tax?</h3>

Sales tax refers to a form of tax levied with the aid of using the government while commodities are bought withinside the market.

The burden of the sales tax falls on the vendor however is in the end paid with the aid of using the consumer. It may be categorized as an indirect tax.

Given information:

Cost price by buyer = $525000

Selling price by seller = $485000

Sales tax = 8%

Sales tax amount = selling price x sales tax percentage

                            = $485000 * 0.08

                             = $38800

Selling price = $485000 + $38800 = $523,800

Therefore, The highest amount that the buyer will have to pay is the final sale value price plus the value of the sales tax. In this case, the buyer will be paying $523,800 for the house.

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3 0
2 years ago
Mario and Johnny want to start a business. They have very little capital. They are new partners and largely unfamiliar with each
coldgirl [10]

Answer:

avoid full liability for the business

Explanation:

Based on the scenario being described, the best reason for Mario and Johnny to create a general partnership is that they want to avoid full liability for the business. This makes creating a general partnership great since this is a business arrangement by two or more individuals who agree to share in all assets, profits, and financial and legal liabilities of a jointly-owned business, meaning sharing all liability for the business as well.

3 0
3 years ago
Abigail has an inheritance tax lien placed on all of her property. What kind of a lien is it?
Iteru [2.4K]

Answer:

A general lien is one placed against any and all real and personal property owned by a particular debtor. An example is an inheritance tax lien placed against all property owned by the heir. A specific lien attaches to a single item of real or personal property, and does not affect other property owned by the debtor.

Explanation:

4 0
3 years ago
Which of the following is reported as a financing activity in the statement of cash flows? Multiple Choice The payment of intere
Yuki888 [10]

Answer:

The correct answer is A

Explanation:

Financing activities are those activities which involve the cash payments as well as cash receipts, that relate to the external financing of the business and also involve the obtaining of resources from the owners and repay resources to creditors.

The example of financing activities are repayment as well as borrowing of money, issuance of the securities and payment of dividends.

So, from the above options, the one which is reported as the financing activities in the cash flows statement involve is the payment of interest on the bonds payable.

6 0
3 years ago
Suppose the owners of lopes and homemax meet for a friendly game of golf one afternoon and happen to discuss a strategy to optim
alexdok [17]

They should agree to work together to develop a plan to maximize their combined revenues and Profits.

When it comes to business success, profitability and expansion go hand in hand. Growth is essential to long-term success and profit, whereas profit is necessary for a corporation to survive financially on a fundamental level. Investors should consider each consideration in light of the individual company in question.

Increasing profitability can also assist businesses in obtaining capital from financial institutions, investors, and shareholders. If a business is currently not profitable, growing profitability may enable the eventual production of profit, which ultimately enables the business to continue to operate.

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5 0
2 years ago
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