Introduction to business analytics

Whose Job role is the following statement?:

"Building Business forecasts and strategy including projections for Revenue, Expenses for 5 years for a bank entering a new country".

• Data Scientist

• Data Engineer

• Business Analyst

Descriptive Analytics and Detective Analytics are:

• Same

• Different

What kind of problem is the following question?

"Finding who will use the newly invented tooth paste in the market to be introduced next month?

• Forecasting Problem

• Detecting type Problem

• Prediction type Problem

• All of the above

What is the assumption in statistical modelling,?

• There is a relationship between variables being studied.

• There is no relationship between variables being studied.

• None of the above

What is the assumption in Machine Learning technique?

• There is a relationship between variables

• There is no relationship between variables

• None of the above

In today's digital technological world, who can be apply the business analytics techniques and solve the business problems which will give accurate results?

• Statisticians

• Computer Programmers

• Business Domain Experts

• All of the above

Which Software Require programming skills for business analytics?

• Statcraft

• Python

• Power BI

• R

Automation of data capturing of routine activities will lead eventually to which of the following?

• Increases the resource productivity

• Quick decision making

• Improves the company bottom line

• All of the above

Skills of a business analyst?

• Curiosity

• Logical thinking

• High attention to details

• All of the above

What are the uses of chatbots?

• Enhances customer engagement

• automate lead generation

• save time of human resources

• contextual support to customers