| Direction: Study the following passage carefully and answer the questions given below: |
| The financial market with its thousands of different products such as stocks, bonds, commodities, market indices and currencies generate a lot of data every second, which has accumulated to high data volumes throughout these years. The main challenge in high data volume field lies in analyzing the data under different perspectives and assumptions to understand historical and current scenarios and then monitoring the market to forecast temporal trends and to identify advantageous recurring behaviors with the help of data volumes. Visual analytics applications can help analysts, investors and researchers in obtaining insights and understanding into previous stock market developments, as well as supporting the decision-making progress by monitoring the stock market in real-time. This analytics are to take necessary actions for a competitive advantage. This kind of interesting domain with its huge amount of complex data serves as a motivation and challenge to try new methods. |
A) Data analysis is inevitable and recurring in the competition
B) Financial data is large and accumulated source of decision making
C) Data analysis helps real time decision making and motivation
D) Domains help to develop real time market and challenges
Correct Answer: C
Solution :
(c)| 1. Cause and effect reasoning |
| 2. Inference |
| 3. Cause and Effect Analogy |
| The main purpose of the passage is to convey that data interpretation helps in decision making and it is a motivation for new methods. Thus, it is to take necessary actions for competitive advantages in the financial market with its thousands of different products such as stocks, bonds, commodities, market indices and currencies. |
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