Understanding Data Analysis

Front

What is the primary goal of data analysis?

Back

To discover useful information and support decision-making

Front

Which type of data analytics answers the question, “What happened?”

Back

Descriptive analytics

Front

What is the main purpose of data cleaning in the data analysis process?

Back

To remove errors and inconsistencies in the data

Front

In predictive analytics, what is the focus of the analysis?

Back

• Predicting what might happen in the future

Front

Which of the following is NOT a benefit of data analysis for organizations? Informed decision-making, Competitive advantage, Risk mitigation, Reduced data storage needs

Back

Reduced data storage needs

Front

Which type of data analytics focuses on answering the question, “Why did it happen?”

Back

Diagnostic analytics

Front

Which of the following best describes prescriptive analytics? Options: Analyzing past data to find patterns, Making recommendations for future actions, Identifying current trends in data, Summarizing historical data

Back

Making recommendations for future actions

Front

Which type of analytics is primarily concerned with predicting future outcomes based on historical data?

Back

Predictive analytics

Front

What type of analytics is used to recommend actions based on data analysis?

Back

Prescriptive analytics

Front

Which of the following questions does diagnostic analytics aim to answer? What is happening now?, Why did it happen?, What will happen next?, What happened in the past?

Back

Why did it happen?