81. In data science for business, what does "data enrichment" involve? A. Increasing data storage costs B. Improving data quality C. Extracting data from multiple sources D. Calculating data storage requirements Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option B No explanation is given for this question Let's Discuss on Board
82. What is the main focus of "customer journey mapping" in business analytics? A. Visualizing the customer experience B. Analyzing customer purchase patterns C. Segmenting customers by location D. Predicting future market trends Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board
83. In business analytics, what is the primary goal of "data summarization"? A. Reducing data complexity B. Making data analysis more complex C. Calculating data storage costs D. Extracting actionable insights Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option D No explanation is given for this question Let's Discuss on Board
84. What is the primary purpose of "churn prediction" in business analytics? A. Maximizing customer retention B. Increasing data collection C. Reducing data storage costs D. Identifying trends in employee data Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board
85. In data science for business, what is the term for identifying patterns and trends in data without a specific question in mind? A. Exploratory Data Analysis (EDA) B. Predictive Analytics C. Prescriptive Analytics D. Diagnostic Analytics Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board
86. What is the main goal of "data governance" in business analytics? A. To increase data accessibility B. To protect sensitive information C. To improve data quality D. To establish data policies and procedures Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option D No explanation is given for this question Let's Discuss on Board
87. In business analytics, what does "RFM analysis" typically refer to? A. Segmenting customers by behavior B. Analyzing employee performance C. Predicting future market trends D. Calculating data storage costs Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board
88. What is the primary objective of "data democratization" in business data science? A. Increasing data accessibility B. Creating randomized experiments C. Optimizing data visualization D. Calculating data storage costs Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board
89. In data science for business, what is the primary focus of "cross-selling analysis"? A. Maximizing customer retention B. Identifying trends in employee data C. Predicting future sales trends D. Calculating data storage costs Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option C No explanation is given for this question Let's Discuss on Board
90. What is the main purpose of "data exploration" in business analytics? A. Analyzing data patterns B. Preparing data for analysis C. Extracting data from multiple sources D. Organizing data into categories Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board