Practice Introduction To Data Analysis (9.1)

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9 questions

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4 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
3 questions · about 2 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is descriptive analysis used for?
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Think about how it helps us view historical performance.
Question 2.
Name one type of data analysis.
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There are four types mentioned in class.
3Question 3.
What does descriptive analysis summarize?
- Future data
- Past data
- Current data
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Think about what you're reviewing.
4Question 4.
True or False: Predictive analysis explains why something happened.
- True
- False
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Focus on the definitions discussed.
Question 5.
A company is experiencing a drop in sales. Discuss the types of analysis they could use to understand and address this issue.
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Consider how each type of analysis builds upon the previous one.
Question 6.
Explain how businesses could misjudge their market position if they only focus on descriptive analysis without incorporating predictive or prescriptive analysis.
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Think about the past versus future insights.

5 more questions in this section. Enroll free to practise them all.