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LinkedIn Introduction to Business Analytics questions with right answers. $9.39   Add to cart

Exam (elaborations)

LinkedIn Introduction to Business Analytics questions with right answers.

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  • Course
  • Business Analytics
  • Institution
  • Business Analytics

LinkedIn Introduction to Business Analytics questions with right answers.

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  • August 26, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Business Analytics
  • Business Analytics
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Professorkaylee
LinkedIn Introduction to Business
Analytics questions with right answers.
Which part of business analytics utilizes dashboards and optimization models? ANS - data analysis



What is a limitation of data visualizations? ANS - They are limited to the quality of the data you provide.



A soccer supply store notices its sales are increasing more than usual, and assumes there is an increased
interest in youth soccer. Based on only the increased sales, which error is the store making? ANS - The
store is relying on an unquantified variable.



Which type of data is best tracked with a tool such as Google? ANS - marketing data



Which aspect of data is a challenge and not an opportunity? ANS - time relevance



How do pivot charts in Excel provide a way to perform quality data analysis for someone who is not a
data scientist? ANS - by providing fields you can use to manipulate the data



What is key when you combine different data sources to get a bigger picture of your sales data? ANS -
using a unique identifier



Where will your data source contain mostly qualitative data? ANS - in psychographic data



Your company is considering expanding into a highly competitive market. Which data-use strategy will
most likely make your move successful, with success defined as an increase in revenue and margin? ANS
- using internal cost data and external market data to determine the most advantageous selling price in
the new market



You have an exciting video on your company's website. You add the number of hits on your video to a
visual. Which best practice for visuals are you violating if you do this? ANS - Focus on the most
important metrics.

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