Question 1 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link How do analytics help an organization? A. They assist with investment management. B. They use data to persuade consumers. C. They develop fact-based strategies. D. They increase employees' use of information systems. Submit Answer
Question 2 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link What classifies analytics as descriptive, predictive, or prescriptive? A. The sample size and analysis technique used B. The purpose and methods C. The data validity and reliability D. The kind of software used for the analysis Submit Answer
Question 3 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link Which type of analytics classification uses experimental design and optimization to suggest a course of action? A. Descriptive analytics B. Predictive analytics C. Diagnostic analytics D. Prescriptive analytics Submit Answer
Question 4 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link Amusement Park W is in California. Amusement Park X is in Texas. A survey asks 1,000 people living in California if they prefer Amusement Park W or X. Which problem exists with this survey? A. Information bias B. Measurement bias C. Random error D. Systematic error Submit Answer
Question 5 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link What are two benefits of good data quality management in improving business decision-making? A. It begins the statistical process faster. B. It guarantees that a sample will be statistically significant. C. It ensures there are no missing data points. D. It mitigates undetected errors from the data-entry process. Submit Answer