
Business Analytics Quiz
Authored by Prerna Singh
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Professional Development
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does business analytics help in making data-driven decisions?
By increasing subjective opinions
By using historical data to guide decisions
By replacing managerial decisions with algorithms
By eliminating human intuition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an advantage of real-world business analytics?
Improved decision-making
Enhanced competitive advantage
Increased operational efficiency
Reduced need for data collection
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which feature of Excel® is useful for performing correlation and regression analysis in business analytics?
Analysis ToolPak
Solver Add-in
Power Query
PivotTables
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main advantage of descriptive analytics?
It summarises past data to identify patterns
It automates data collection
It optimises decision-making
It predicts future trends
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the 4 V of Big Data
Value, Velocity, Variety, Vulnerability
Variety, Viscosity, Velocity, Volatility
Volume, Variety, Velocity, Veracity
Volume, Value, Veracity, Velocity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the MapReduce tool important in big data processing?
It compresses large files for storage
It visualises data trends
It processes data using distributed computing
It stores data in clusters
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary benefit of marketing analytics?
To increase customer satisfaction
To optimise advertising spend
To predict customer behaviour
To reduce marketing budgets
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