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

A. Relying solely on intuition

B. Using data to inform choices

C. Avoiding data analysis

D. Reducing data storage requirements

A. Increasing data storage costs

B. Improving data quality

C. Extracting data from multiple sources

D. Calculating data storage requirements

A. Analyzing customer purchase patterns

B. Visualizing the customer experience

C. Segmenting customers by location

D. Predicting future market trends

A. Reducing data complexity

B. Making data analysis more complex

C. Calculating data storage costs

D. Extracting actionable insights

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