Question: Need some help stuck with these questions for a while now. please and thank you! 1. Which is not a reason to use data analytics
Need some help stuck with these questions for a while now.
please and thank you!
1. Which is not a reason to use data analytics in business performance?
a. Increase sales.
b. Improve productivity.
c. Eliminate risk and fraud.
d. Improve the customer experience.
2. The financials collected for month-end, quarter, or full year are an example of what type of data?
a. Mobile data and IOT data.
b. Time-series data.
c. Machine to machine data.
d. Human-generated data.
3. Which is not a question you would normally ask when evaluating organizational capabilities and gaps?
a. What are our customers saying about the products they're buying?
b. What data does the organization already use to make strategic decisions?
c. What data or information needs to be collected to help the organization grow and create value?
d. Will the cost and effort of collecting the data outweigh the benefits this information will provide?
4. When analyzing historical revenue, which question are you most likely to ask?
a. What are the factors that influence purchasing behavior?
b. What is the profit contribution of each product line?
c. Who are our competitors?
d. What are our customers saying about the products they're buying?
5. The contactless payments made in a retail outlet are an example of what type of data?
a. Human-generated data.
b. Mobile data and IOT data.
c. Nonfinancial data.
d. Machine- to- machine data.
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