Quiz 7 Business Analytics and Intelligence Questions and Answers
Question No 1
1. What are the different methods used for Business Analytics?
Answer : All of the above
Question No 2
2. Which of the following are widely used Business Intelligence Tools?
Answer: All of the above
Question No 3
3. A bank has the marital status for its thousands of customers. Customer is either Unmarried, Married or Divorced. Which of the following would be useful for analysis of this data?
Mode would be useful, since the data is qualitative in nature. Mode would enable to find the frequency of occurrence of each marital status for the given data. Mean, median and standard deviation are not useful for this kind of data.