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Introduction to business analytics

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

Whose Job role is the following statement?:

"Building Business forecasts and strategy including projections for Revenue, Expenses for 5 years for a bank entering a new country".

a)

Data Scientist

b)

Data Engineer

c)

Business Analyst

2.

Descriptive Analytics and Detective Analytics are:

a)

Same

b)

Different

3.

What kind of problem is the following question?

"Finding who will use the newly invented tooth paste in the market to be introduced next month?

a)

Forecasting Problem

b)

Detecting type Problem

c)

Prediction type Problem

d)

All of the above

4.

What is the assumption in statistical modelling,?

a)

There is a relationship between variables being studied.

b)

There is no relationship between variables being studied.

c)

None of the above

5.

What is the assumption in Machine Learning technique?

a)

There is a relationship between variables

b)

There is no relationship between variables

c)

None of the above

6.

In today's digital technological world, who can be apply the business analytics techniques and solve the business problems which will give accurate results?

a)

Statisticians

b)

Computer Programmers

c)

Business Domain Experts

d)

All of the above

7.

Which Software Require programming skills for business analytics?

a)

Statcraft

b)

Python

c)

Power BI

d)

R

8.

Automation of data capturing of routine activities will lead eventually to which of the following?

a)

Increases the resource productivity

b)

Quick decision making

c)

Improves the company bottom line

d)

All of the above

9.

Skills of a business analyst?

a)

Curiosity

b)

Logical thinking

c)

High attention to details

d)

All of the above

10.

What are the uses of chatbots?

a)

Enhances customer engagement

b)

automate lead generation

c)

save time of human resources

d)

contextual support to customers