Data Science in Business MCQ Questions and Answers | Data Science MCQs

A. Maximizing customer retention

B. Increasing data collection

C. Reducing data storage costs

D. Identifying trends in employee data

A. Predictive Analytics

B. Exploratory Data Analysis (EDA)

C. Prescriptive Analytics

D. Diagnostic Analytics

A. To increase data accessibility

B. To protect sensitive information

C. To improve data quality

D. To establish data policies and procedures

A. Analyzing employee performance

B. Segmenting customers by behavior

C. Predicting future market trends

D. Calculating data storage costs

A. Increasing data accessibility

B. Creating randomized experiments

C. Optimizing data visualization

D. Calculating data storage costs

A. Identifying trends in employee data

B. Maximizing customer retention

C. Predicting future sales trends

D. Calculating data storage costs

A. Extracting data from multiple sources

B. Analyzing data patterns

C. Preparing data for analysis

D. Organizing data into categories

A. Minimizing data collection costs

B. Reducing data storage requirements

C. Improving operational efficiency

D. Calculating data storage costs

A. Maximizing customer retention

B. Generating revenue from data

C. Predicting future market trends

D. Calculating data storage costs

A. Extracting data from the environment

B. Selecting a subset of data

C. Predicting future market trends

D. Identifying data sources