Business Analytics Exam queries with answers graded A+

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Business Analytics Exam queries with answers graded A+

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2025/2026

Institution Business Analytics

Course Business Analytics

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Business Analytics Exam queries with answers graded A+

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Business Analytics Exam queries
with answers graded A+
Steps in the analytic process - ANS✅✅1. Business Problem

2. Data Management

3. Descriptive analysis

4. Predictive analysis

5. Recommended Action

6. Ask next question

Business Problems - ANS✅✅A business has multiple things to investigate

Data management - ANS✅✅Data sourcing

Descriptive analysis - ANS✅✅What has happened?

Predictive analysis - ANS✅✅What could happen?

Prescriptive analysis - ANS✅✅What should we do?

Quantitative Variables - ANS✅✅Numerical data that can be measured (able to be added
subtracted, averaged)

Ex. Inches, miles, Fahrenheit

Continuous or Discrete

Continuous Data - ANS✅✅Fractions, decimals (part of a whole)

Discrete Data - ANS✅✅Whole number

Ex. Number of people, 75 miles

qualitative data - ANS✅✅Data that is non-numerical (can't do calculations)

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Uploaded on: November 6, 2025
Number of pages: 3
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & answers

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