WGU D204 Data Analytics Final Exam Questions and Answers 100% Pass

WGU D204 Data Analytics Final Exam Questions and Answers 100% Pass The extensive use of data and advanced quantitative analysis to drive fact-based decision-making and actions - Answer- Analytics definition A collection of data sets that are so large or complex that it is impossible to analyze them with traditional databases and tools - Answer- Big data definition Terabytes, petabytes, zettabytes - Answer- Big data (volume) Unstructured - Answer- Big data (variety) Data in motion (streaming) - Answer- Big data (velocity) Megabytes, gigabytes - Answer- Not so big data (volume) Structured/relationtal - Answer- Not so big data (variety) Data at rest - Answer- Not so big data (velocity) Data analytics is having a dramatic impact on today's business and competitive environment which will only increase - Answer- Importance of data and analytics in business Critical thinking and judgment - Answer- Human element of data analytics Ask the right questions, extract, transform and load relevant data, apply appropriate data analytics techniques, interpret and share the results - Answer- Analytics mindset (4) Know your audience and what they want to accomplish, have an understanding of the business and underlying business processes - Answer- Steps to asking the right questions Sales, accounts receivable, cash receipts, cash - Answer- Short route from sales to cash Sales, gross margin, cost of sales, inventory, purchases, accounts payable, cash payments, cash - Answer- Long route from sales to cash Having a deep and persistent desire to know, seeking answers to questions and not stopping at the surface, taking nothing at face value, t