ECE420 - Q1 FINALS

What is the first step before beginning the data collection process?

• Identify business needs and objectives

• Purchase data storage

• Hire a data scientist

• Develop a marketing strategy

Which of the following is NOT a question to consider for robust IoT data management?

• What are you going to do with your data?

• How much data storage do you own?

• How often will you update your website?

• Which platform should be used to manage the gathered data?

What is data drift?

• The process of data being lost over time

• The sum of undocumented and unexpected changes to data

• The movement of data from one server to another

• The increase in data storage costs

What is metadata?

• Data about data

• A type of data storage

• A data processing tool

• A data encryption method

Which of the following is a critical component of IoT systems?

• Metadata

• Social media data

• Marketing data

• Financial data

What is a benefit of a well-thought-out data management strategy?

• Increased marketing budget

• Real-time operational insights

• Higher employee turnover

• Reduced customer satisfaction

How can a data management strategy help in product optimization?

• By reducing the number of products

• By understanding user behavior and performance metrics

• By increasing the price of products

• By outsourcing production

What percentage of customers are more likely to purchase products with personalized experiences?

• 50%

• 60%

• 70%

• 80%

What does a comprehensive data management strategy aid in?

• Discoverability

• Data loss

• Increased costs

• Employee dissatisfaction

What is predictive maintenance?

• A method to predict customer behavior

• A strategy to maintain products before issues arise

• A way to increase marketing efforts

• A technique to reduce employee workload