BUSINESS ANALYTICS 3RD EDITION EVANS
UPDATED EXAM PREP QUESTIONS AND
100 PERCENT CORRECT STUDY SHEET
FULL SOLUTION
⩥ Business process.
Answer: A coordinated, standardized set of activities conducted by both
people and equipment to accomplish a specific business task.
⩥ Data.
Answer: Raw facts and figures that are collected for analysis.
⩥ Information.
Answer: Data that has been processed and organized to provide
meaning.
⩥ Role of the business analyst.
Answer: A data specialist who curates and uses data to help an
organization make effective business decisions.
⩥ SOAR analytics model.
Answer: Components of the model that are used in business analytics.
,⩥ Data analyst.
Answer: A professional who works with large data sets to identify
patterns and trends to inform business decisions.
⩥ Statistical tools.
Answer: Techniques and programming languages like SQL and Python
used by data analysts to collect, clean, transform, and analyze data.
⩥ Responsibilities of a data analyst.
Answer: Includes collecting data from various sources, cleaning and
organizing large datasets, manipulating data for Exploratory Data
Analysis, performing statistical analysis and data mining, creating
visualizations and reports to present findings, and identifying patterns
and trends in datasets.
⩥ Decision Maker.
Answer: Needs knowledge and information to make decisions.
⩥ Business/Data Analyst.
Answer: The interpreter/connector who knows business, what data is
needed, and how to communicate with both the decision maker and the
data scientist.
, ⩥ Data Scientist.
Answer: A specialist who knows how to work with, manipulate, and
statistically test data.
⩥ Identifying and defining business needs.
Answer: A responsibility of a business analyst to understand what the
organization requires.
⩥ Gathering, analyzing, and interpreting data.
Answer: A key responsibility of a business analyst.
⩥ Evaluating current processes.
Answer: Identifying areas for improvement in business operations.
⩥ Developing solutions to business problems.
Answer: Creating strategies to address identified issues within the
organization.
⩥ Creating reports and visualizations.
Answer: Communicating insights derived from data analysis.
⩥ Exploratory Data Analysis.
UPDATED EXAM PREP QUESTIONS AND
100 PERCENT CORRECT STUDY SHEET
FULL SOLUTION
⩥ Business process.
Answer: A coordinated, standardized set of activities conducted by both
people and equipment to accomplish a specific business task.
⩥ Data.
Answer: Raw facts and figures that are collected for analysis.
⩥ Information.
Answer: Data that has been processed and organized to provide
meaning.
⩥ Role of the business analyst.
Answer: A data specialist who curates and uses data to help an
organization make effective business decisions.
⩥ SOAR analytics model.
Answer: Components of the model that are used in business analytics.
,⩥ Data analyst.
Answer: A professional who works with large data sets to identify
patterns and trends to inform business decisions.
⩥ Statistical tools.
Answer: Techniques and programming languages like SQL and Python
used by data analysts to collect, clean, transform, and analyze data.
⩥ Responsibilities of a data analyst.
Answer: Includes collecting data from various sources, cleaning and
organizing large datasets, manipulating data for Exploratory Data
Analysis, performing statistical analysis and data mining, creating
visualizations and reports to present findings, and identifying patterns
and trends in datasets.
⩥ Decision Maker.
Answer: Needs knowledge and information to make decisions.
⩥ Business/Data Analyst.
Answer: The interpreter/connector who knows business, what data is
needed, and how to communicate with both the decision maker and the
data scientist.
, ⩥ Data Scientist.
Answer: A specialist who knows how to work with, manipulate, and
statistically test data.
⩥ Identifying and defining business needs.
Answer: A responsibility of a business analyst to understand what the
organization requires.
⩥ Gathering, analyzing, and interpreting data.
Answer: A key responsibility of a business analyst.
⩥ Evaluating current processes.
Answer: Identifying areas for improvement in business operations.
⩥ Developing solutions to business problems.
Answer: Creating strategies to address identified issues within the
organization.
⩥ Creating reports and visualizations.
Answer: Communicating insights derived from data analysis.
⩥ Exploratory Data Analysis.
