Lesson1 Definitions of Analytics MCQs

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!

All of given options

Forecasting demand for a new product

Using dashboards to monitor sales trends

Optimizing delivery routes in logistics

Correct! Wrong!

Statistics and Mathematics

Music

Literature

Fine Arts

Correct! Wrong!

Rely on intuition

Convert data into actionable insights

Replace human judgment completely

Eliminate the need for managers

Correct! Wrong!

Collecting raw data without analysis

A process limited only to computer programming

The preparation of financial statements

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

Correct! Wrong!

Lesson1 Definitions of Analytics MCQs

Super Excellent ****

Excellent ***

Very Good **

Need Improvement *