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WGU D491 INTRODUCTION TO ANALYTICS OA EXAM LATEST 2024 WITHUPDATED QUESTIONS AND DETAILED CORRECT ANSWERS WITH RATIONALES (ALREADY GRADED A+)

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WGU D491 INTRODUCTION TO ANALYTICS OA EXAM LATEST 2024 WITHUPDATED QUESTIONS AND DETAILED CORRECT ANSWERS WITH RATIONALES (ALREADY GRADED A+) In which phase of the data mining process does the data science team investigate the problem, develop context and understanding, learn about avai...

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WGU D491 INTRODUCTION TO ANALYTICS OA

EXAM LATEST 2024 WITHUPDATED QUESTIONS

AND DETAILED CORRECT ANSWERS WITH

RATIONALES (ALREADY GRADED A+)



In which phase of the data mining process does the data science team

investigate the problem, develop context and understanding, learn about

available data sources, and formulate initial hypotheses?

-Data preparation

-Model planning

-Model execution

-Discovery - ANSWER-Discovery (This is the stage where the team delves

into the problem, gains insights, learns about the data that can be used, and

comes up with initial ideas to be tested with the data.)

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What is the primary purpose of the discovery phase in the data science

process?

-To develop interactive visualizations for stakeholder presentations

-To evaluate and optimize data-driven predictive models

-To clean and preprocess the data for analysis

-To understand the business problem and develop initial hypotheses -

ANSWER-To understand the business problem and develop initial

hypotheses. (This phase focuses on investigating the issue, gaining a deeper

understanding of the context, learning about available data sources, and

formulating initial ideas that will be tested using data.)



ETLT - ANSWER-Extract, Transform, Load, Transform

Which question of interest is appropriate for a data analytics project to

increase a store's sales?

-Which customer segments will most likely respond to a marketing

campaign?

-Should the store expand to a new location?

-How can the store's social media presence be improved?

-What are the store's best-selling products? - ANSWER-Which customer

segments will most likely respond to a marketing campaign? (This question

focuses on identifying customer segments most likely to respond positively to

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a marketing campaign, directly addressing the goal of increasing sales. By

targeting the right customer segments, the store can optimize its marketing

efforts and increase its overall sales.)



A data analyst works at an e-commerce company that wants to understand

its customer churn rate. Their manager has tasked them with conducting a

data analytics project to identify customers at risk of churn and offer these

customers targeted promotions to retain their business.



What is the primary purpose of the data analytics project's results in this

scenario?

-To identify customer preferences

-To predict customer churn risk

-To optimize inventory management

-To compare the company's churn rate to industry benchmarks - ANSWER-

To predict customer churn risk (The project aims to predict which customers

are likely to leave the company so that targeted promotions can be offered to

retain their business.)



A data analyst works at an e-commerce company that wants to understand

its customer churn rate. Their manager has tasked them with conducting a

data analytics project to identify customers at risk of churn and offer these

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customers targeted promotions to retain their business.

What is the most suitable form of deliverable in this scenario?

-Updated website design

-Supply chain improvements

-Lists of at-risk customers

-Monthly sales reports - ANSWER-Lists of at-risk customers (Providing a list

of at-risk customers for targeted marketing campaigns can help retain their

business and prevent revenue loss.)



A retail company wants to improve its sales and customer satisfaction by

analyzing customer data. The company hired a data analytics team, which

has access to the company's customer database, including transaction

records, demographic information, and customer feedback. The data

analytics team will work closely with the marketing and IT departments to

create actionable insights for the company. The team has three months to

complete the project, and the company's budget allows purchasing additional

software tools or training, if necessary.

-Data science focuses on developing new algorithms and models, while data

analytics focuses on using existing models to analyze data. - ANSWER-Data

science focuses on developing new algorithms and models, while data

analytics focuses on using existing models to analyze data. (Data science is

more research-based, while data analytics is more focused on the practical

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