Power BI Module 2

Power BI Module 2

University

8 Qs

quiz-placeholder

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Power BI Module 2

Power BI Module 2

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Wei Chien Ng

Used 2+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the correct scope of business analytics for the following definition. 

"The use of data to understand past and current business performance and make informed decisions"

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics

Diagnostic Analytics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the correct scope of business analytics for the following definition.

"Predict the future by examining historical data, detecting patterns or relationships in these data, and then extrapolating these relationships forward in time"

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics

Diagnostic Analytics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the correct scope of business analytics for the following definition.

"Identify the best alternatives to minimise or maximise some objective"

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics

Diagnostic Analytics

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Advanced Analytics has the highest value and highest complexity?

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics

Diagnostic Analytics

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of Optimization?

Process of finding values of decision variables that minimize / maximize something such as cost / profit


Extracting meaning from data to support evaluation and decision making

The use of data to understand past and current business performance and make informed decisions

Predict the future by examining historical data, detecting patterns or relationships in these data, and then extrapolating these relationships forward in time

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not the key benefit of BI?

BI is cheap to be implemented

Operate more efficiently

Increase revenue and profitability

Spot issues so they can be resolved

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

We can do data transformation at Power BI

TRUE

FALSE

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