Data Analytics for Business Intelligence

Description: Data Analytics for Business Intelligence Quiz
Number of Questions: 15
Created by:
Tags: data analytics business intelligence big data
Attempted 0/15 Correct 0 Score 0

What is the primary objective of data analytics for business intelligence?

  1. To improve operational efficiency

  2. To enhance customer satisfaction

  3. To gain insights from data for decision-making

  4. To reduce costs


Correct Option: C
Explanation:

The primary objective of data analytics for business intelligence is to extract meaningful insights from data to support better decision-making and improve business outcomes.

Which of the following is NOT a common type of data analytics used in business intelligence?

  1. Descriptive analytics

  2. Predictive analytics

  3. Prescriptive analytics

  4. Diagnostic analytics


Correct Option: C
Explanation:

Prescriptive analytics is not a common type of data analytics used in business intelligence. It is more commonly associated with advanced artificial intelligence and machine learning applications.

What is the process of collecting, cleaning, and transforming raw data into a usable format called?

  1. Data wrangling

  2. Data mining

  3. Data visualization

  4. Data warehousing


Correct Option: A
Explanation:

Data wrangling is the process of preparing raw data for analysis by cleaning, transforming, and organizing it into a usable format.

Which data analytics technique is used to identify patterns and trends in historical data?

  1. Regression analysis

  2. Clustering

  3. Decision trees

  4. Time series analysis


Correct Option: D
Explanation:

Time series analysis is a data analytics technique used to analyze data points collected over time to identify patterns and trends.

What is the process of presenting data in a visual format to make it easier to understand called?

  1. Data visualization

  2. Data warehousing

  3. Data mining

  4. Data wrangling


Correct Option: A
Explanation:

Data visualization is the process of presenting data in a visual format, such as charts, graphs, and maps, to make it easier to understand and interpret.

Which of the following is NOT a common data analytics tool used in business intelligence?

  1. Tableau

  2. Power BI

  3. SAS

  4. Excel


Correct Option: D
Explanation:

Excel is a spreadsheet software, not a dedicated data analytics tool. While it can be used for basic data analysis, it is not as comprehensive as specialized data analytics tools.

What is the process of using data to make predictions about future events called?

  1. Predictive analytics

  2. Descriptive analytics

  3. Diagnostic analytics

  4. Prescriptive analytics


Correct Option: A
Explanation:

Predictive analytics is the process of using data to make predictions about future events based on historical data and patterns.

Which data analytics technique is used to identify the most important factors influencing a particular outcome?

  1. Factor analysis

  2. Regression analysis

  3. Clustering

  4. Decision trees


Correct Option: A
Explanation:

Factor analysis is a data analytics technique used to identify the underlying factors that explain the variance in a set of variables.

What is the process of using data to identify the root cause of a problem called?

  1. Diagnostic analytics

  2. Descriptive analytics

  3. Predictive analytics

  4. Prescriptive analytics


Correct Option: A
Explanation:

Diagnostic analytics is the process of using data to identify the root cause of a problem by analyzing historical data and identifying patterns and relationships.

Which data analytics technique is used to identify groups of similar data points?

  1. Clustering

  2. Regression analysis

  3. Decision trees

  4. Factor analysis


Correct Option: A
Explanation:

Clustering is a data analytics technique used to identify groups of similar data points based on their characteristics.

What is the process of using data to make recommendations for actions to take called?

  1. Prescriptive analytics

  2. Diagnostic analytics

  3. Predictive analytics

  4. Descriptive analytics


Correct Option: A
Explanation:

Prescriptive analytics is the process of using data to make recommendations for actions to take based on predicted outcomes and potential risks.

Which data analytics technique is used to build models that can make predictions based on historical data?

  1. Decision trees

  2. Regression analysis

  3. Clustering

  4. Factor analysis


Correct Option: A
Explanation:

Decision trees are a data analytics technique used to build models that can make predictions based on historical data by recursively splitting the data into smaller subsets.

What is the process of using data to describe the current state of a business or organization called?

  1. Descriptive analytics

  2. Predictive analytics

  3. Diagnostic analytics

  4. Prescriptive analytics


Correct Option: A
Explanation:

Descriptive analytics is the process of using data to describe the current state of a business or organization by summarizing and presenting data in a meaningful way.

Which data analytics technique is used to identify the relationship between two or more variables?

  1. Regression analysis

  2. Clustering

  3. Decision trees

  4. Factor analysis


Correct Option: A
Explanation:

Regression analysis is a data analytics technique used to identify the relationship between two or more variables by fitting a mathematical model to the data.

What is the process of storing and managing large amounts of data for analysis called?

  1. Data warehousing

  2. Data mining

  3. Data visualization

  4. Data wrangling


Correct Option: A
Explanation:

Data warehousing is the process of storing and managing large amounts of data for analysis by integrating data from different sources into a central repository.

- Hide questions