Complete Study Material
In an agile approach of analytics what is the first step of the process? - correct answer ✔✔
Perform business discovery
In an ETL process, data is loaded into a final target database such as: - correct answer ✔✔ Data
warehouse
What are the four types of data analytical method? - correct answer ✔✔ Descriptive,
explanatory, predictive, and prescriptive
Which of the following is an example of secondary data? - correct answer ✔✔ Firm's
proprietary data
Which of the following data analysis models use optimization techniques? - correct answer ✔✔
Predictive analytics
Predictive analytics may be applied to ___, which is a set of techniques that use descriptive data
and forecasts to identify the decisions most likely in the best performance - correct answer ✔✔
Prescriptive analytics
Target is examining their online sales data during the pandemic to understand what happened.
What kind of analytical technique are they using? - correct answer ✔✔ Descriptive analytics
Costco wants to know how to stock their warehouses for a future pandemic and are using
current sales data to help them project the needs. What kind of analytical technique are they
using? - correct answer ✔✔ Predictive analytics