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Types of Analytics

Authored by Dr. S

Professional Development

University

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Types of Analytics
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A retail company wants to enhance its marketing strategy using data analytics.

  1. They have a dataset with customer demographics, purchase history, website interactions, and feedback. Which type of analytics helps summarize total sales revenue and customer demographics?

descriptive analytic

prescriptive analytic

diagnostic analytic

predictive analytic

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A healthcare provider wants to analyze patient data to improve treatment outcomes. They have access to medical records, lab results, and patient feedback. Which type of analytics helps summarize patient demographics and overall treatment effectiveness?

Descriptive Analytics

Diagnostic Analytics

Predictive Analytics

Prescriptive Analytics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An e-commerce platform wants to understand why some customers abandon their shopping carts before completing a purchase. They have data on browsing behavior, cart contents, and checkout processes. Which type of analytics would help identify reasons for cart abandonment, such as website usability issues or unexpected costs?

Descriptive Analytics

Diagnostic Analytics

Predictive Analytics

Prescriptive Analytics

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A financial institution aims to predict which customers are most likely to default on their loans. They have historical data on loan applications, credit scores, and repayment history. Which type of analytics would be useful for forecasting the likelihood of loan defaults based on past customer behavior?

Descriptive Analytics

Diagnostic Analytics

Predictive Analytics

Prescriptive Analytics

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A transportation company wants to optimize its delivery routes to minimize fuel costs and delivery times. They have data on past delivery routes, traffic patterns, and vehicle capacities. Which type of analytics would recommend specific actions to optimize delivery routes, such as suggesting alternate routes based on real-time traffic data?

Descriptive Analytics

Diagnostic Analytics

Predictive Analytics

Prescriptive Analytics

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which phase of the CRISP-DM methodology involves understanding the project objectives, requirements, and constraints from a business perspective?

Data Preparation

Data Understanding

Business Understanding

Modeling

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During which phase of the CRISP-DM methodology are data collected, formatted, cleaned, and transformed into a usable format for analysis?

Data Preparation

Data Understanding

Modeling

Evaluation

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