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DA-100 Analyzing Data with Microsoft Power BI with 100- correct answers.
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DA-100 Analyzing Data with Microsoft Power BI with 100- correct answers.
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DA-100 Analyzing Data withMicrosoft Power BI with
100% correct answers
In the learning path "Get started with Microsoft data
analytics," what do you learn about?
the life and journey of a data analyst:
skills
tasks
processes
...they go through in order to tell a story with data so
trusted business decision can be made
- how the suite of Power BI tools and services are used by
a data analyst to tell a compelling story through reports
and dashboards, and the need for true BI in the enterprise
What types of data that are being generated each day in
an organization?
- transactional data in a traditional database
- telemetry data from services that you use
- signals that you get from different areas like social
media
Describe that data the a retail business collects and
stores.
in-store browsing behavior
sales
,purchases
pages visited on their site
the aisles in which purchases were made
spending habits
...and much more
Retail analytics focuses on providing insights related to
sales, inventory, customers, and other important aspects
crucial for merchants' decision-making process.
The discipline encompasses several granular fields to
create a broad picture of a retail business' health, and
sales alongside overall areas for improvement and
reinforcement.
Essentially, retail analytics is used to help make better
choices, run businesses more efficiently, and deliver
improved customer service.
The field of retail analysis goes beyond superficial data
analysis, using techniques like data mining and data
discovery to sanitize datasets to produce actionable BI
insights that can be applied in the short-term.
Moreover, companies use these analytics to create better
snapshots of their target demographics. By harnessing
sales data analysis, retailers can identify their ideal
customers according to diverse categories such as:
- age
- preferences
- buying patterns
- location
- and more
What is the challenge that organizations have today
regarding their data and information?
,understanding and using their data to positively effect
change within the business.
We have an expert-written solution to this problem!
A retail business should be able to use their data in such a
way that impacts the business, including what?
- tracking inventory
- identifying customer purchase habits
- detecting user trends and patterns
- recommending purchases
- determining price optimizations
- identifying and stopping fraud
- identifying daily/monthly sales patterns
- performing trend analysis
- performing period over period analysis
What is the key to unlocking business data?
being able to tell a story with it
What does crafting reports that tell a story do?
It helps business leaders take action on the data.
Business decision makers depend on what to drive better
business decisions?
an accurate story
What is the benefit to a business of making fast, precise
decisions?
The business will be more competitive, with a better
advantage
What do businesses need to be able to do with their data?
act on the data to effect change within the business
, What types of change might occur when acting on the
data?
- reallocating resources within the business to
accommodate a need
- identifying a failing campaign and knowing when to
change course
- adjusting...prices, inventory, purchasing, assortment
What comes first in using data to drive business
decisions?
business leaders partnering with data professional within
your organization, such as data engineers and data
scientists
What do data professionals within your organization do?
help get the data that you need to tell the story that
allows business decision makers to act
What are aspects of building a data culture?
- telling the data story
- where the story is told
- who the story is told to
- making sure people can find the story and have
appropriate access
- making sure data stories are part of regular interactions
What is data analysis?
The process of reducing, organizing, and giving meaning
to the data that has been collected
the process of...
- identifying
- cleaning
- transforming
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