Practice Step 2: Data Collection (18.3.2) - Data Science for Business and Decision- Making

Practice: Step 2: Data Collection

Lesson 18.3.2Data Science for Business and Decision- Making

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9 questions

Flashcard drill
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 a CRM system used for?
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Think about how businesses track their interactions with customers.
Question 2.
Give an example of unstructured data.
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Consider data that doesn't fit neatly into a spreadsheet.
3Question 3.
What is the primary purpose of data collection?
- To collect data only from surveys
- To gather relevant data to inform business decisions
- To store data without analyzing it
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Think about the broader objective of data in business.
4Question 4.
True or False: Unstructured data is always more valuable than structured data.
- True
- False
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Consider the distinct benefits of each type of data.
Question 5.
Create a comprehensive data collection strategy for a new ride-sharing app. What data sources would you utilize and why?
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Consider the different interactions customers have with the app and vehicles.
Question 6.
Evaluate the consequences of ignoring unstructured data in a customer feedback context.
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Think about the qualitative insights that free text responses can offer.

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