Lesson1 Definitions of Analytics MCQs

Collecting raw data without analysis

The preparation of financial statements

The systematic examination of data to extract insights for decision-making

A process limited only to computer programming

Correct! Wrong!

Convert data into actionable insights

Eliminate the need for managers

Rely on intuition

Replace human judgment completely

Correct! Wrong!

Music

Fine Arts

Literature

Statistics and Mathematics

Correct! Wrong!

Using dashboards to monitor sales trends

Forecasting demand for a new product

Optimizing delivery routes in logistics

All of given options

Correct! Wrong!

Collecting books in a library

Using data to understand problems and make better decisions

Using only mathematics without data

Guessing future events without data

Correct! Wrong!

Lesson1 Definitions of Analytics MCQs

Super Excellent ****

Excellent ***

Very Good **

Need Improvement *