Data Analytics Quiz

What is a reason for the increased use of data analytics?

• Technological advances

• Cultural shifts

• Weather changes

• Linguistic evolution

In quantitative analytics, the data set is assessed:

• Subjectively

• Objectively

• Creatively

• Emotionally

Which of the following is NOT a factor in deciding the type of data analytics to use?

• Type of data being used

• Stage of the workflow

• Business requirements

• Color of the data

What is an example of a structured technique used in quantitative analytics?

• Brainstorming sessions

• Surveys

• Focus groups

• Storytelling

Quantitative analytics can help calculate the percentage of:

• Customer satisfaction

• Products that were faulty

• Employee engagement

• Market trends

What is a common use of qualitative analytics in business?

• Calculating profit margins

• Analyzing customer feedback

• Forecasting sales

• Measuring market share

Which type of analytics uses the findings of descriptive and diagnostic analytics?

• Predictive analytics

• Prescriptive analytics

• Descriptive analytics

• Diagnostic analytics

What might larger organizations use prescriptive analytics for?

• To optimize production, scheduling, and inventory

• To create new marketing strategies

• To develop new products

• To conduct employee training

How does Zara use RFID tags in their business?

• To track employee attendance

• To manage inventory cheaply

• To monitor store security

• To enhance online marketing

What type of analytics involves making predictions for every SKU Zara sells?

• Descriptive

• Diagnostic

• Predictive

• Prescriptive