HBS CORE BUSINESS DATA ANALYTICS EXAM | COMPLETE
QUESTIONS WITH EXPERT SOLUTION | 2026 LATEST UPDATED GET
A+
Which measure of central tendency is calculated by adding all values and dividing by the number
of observations - (Answer)Mean
What measure of central tendency represents the middle value when data are arranged in order? -
(Answer)Median
Which measure of central tendency identifies the value that occurs most frequently? -
(Answer)Mode
A company assigns customer identification numbers to its customers. What type of data are these
numbers? - (Answer)Nominal
Customer satisfaction ratings of Poor, Fair, Good, and Excellent are examples of which data
type? - (Answer)Ordinal
Temperature measured in degrees Fahrenheit is an example of: - (Answer)Interval data
,Annual income measured in dollars is an example of: - (Answer)Ratio data
What does the line inside the box of a box plot represent? - (Answer)Median
In a box plot, the box itself generally represents: - (Answer)Interquartile range
Values that are unusually far from most observations in a dataset are called: - (Answer)Outliers
Which measure of central tendency is most affected by extreme outliers? - (Answer)Mean
What percentage of data falls below the first quartile (Q1)? - (Answer)25%
Which quartile corresponds to the median? - (Answer)Q2
What type of analytics answers the question 'What happened?" - (Answer)Descriptive Analytics
What helps in converting raw facts/data into information? - (Answer)All of the other choices
(Context, Processing, Structure)
, Which type of analytics uses historical data to estimate future outcomes? - (Answer)Predictive
Analytics
Which type of analytics recommends actions based on analysis and forecasts? -
(Answer)Prescriptive Analytics
Which of the following is not true in the case of qualitative data? - (Answer)Its average value is
called mean (It DOES consist of categories, and it IS nominal data)
In the context of Artificial Intelligence, what does LLM stand for? - (Answer)Large Language
Models
Which of the following is not a key driver for the Analytics revolution? - (Answer)Markets (the
answers are Cheap computing power, Fast storage, and Massive data generation)
The normal distribution is commonly known as: - (Answer)Bell curve
Binomial distribution models: - (Answer)Successes in fixed trials
QUESTIONS WITH EXPERT SOLUTION | 2026 LATEST UPDATED GET
A+
Which measure of central tendency is calculated by adding all values and dividing by the number
of observations - (Answer)Mean
What measure of central tendency represents the middle value when data are arranged in order? -
(Answer)Median
Which measure of central tendency identifies the value that occurs most frequently? -
(Answer)Mode
A company assigns customer identification numbers to its customers. What type of data are these
numbers? - (Answer)Nominal
Customer satisfaction ratings of Poor, Fair, Good, and Excellent are examples of which data
type? - (Answer)Ordinal
Temperature measured in degrees Fahrenheit is an example of: - (Answer)Interval data
,Annual income measured in dollars is an example of: - (Answer)Ratio data
What does the line inside the box of a box plot represent? - (Answer)Median
In a box plot, the box itself generally represents: - (Answer)Interquartile range
Values that are unusually far from most observations in a dataset are called: - (Answer)Outliers
Which measure of central tendency is most affected by extreme outliers? - (Answer)Mean
What percentage of data falls below the first quartile (Q1)? - (Answer)25%
Which quartile corresponds to the median? - (Answer)Q2
What type of analytics answers the question 'What happened?" - (Answer)Descriptive Analytics
What helps in converting raw facts/data into information? - (Answer)All of the other choices
(Context, Processing, Structure)
, Which type of analytics uses historical data to estimate future outcomes? - (Answer)Predictive
Analytics
Which type of analytics recommends actions based on analysis and forecasts? -
(Answer)Prescriptive Analytics
Which of the following is not true in the case of qualitative data? - (Answer)Its average value is
called mean (It DOES consist of categories, and it IS nominal data)
In the context of Artificial Intelligence, what does LLM stand for? - (Answer)Large Language
Models
Which of the following is not a key driver for the Analytics revolution? - (Answer)Markets (the
answers are Cheap computing power, Fast storage, and Massive data generation)
The normal distribution is commonly known as: - (Answer)Bell curve
Binomial distribution models: - (Answer)Successes in fixed trials
