M&A 1.46Data Analysis Quiz

Which chart is best for showing the proportion of different categories?

• Line chart

• Bar chart

• Pie chart

• Scatter plot

What does a spreadsheet primarily help with in data analysis?

• Visual representation

• Statistical calculations

• Data storage

• Data sorting and filtering

Which of the following is a method used to identify trends in data?

• Heat map

• Histogram

• Time series analysis

• Flowchart

How can businesses use the outcomes of data analysis to support decision making in sales?

• By forecasting future sales

• By reducing staff

• By increasing product prices

• By changing office locations

Which graph would be most suitable for displaying the relationship between two variables?

• Bar graph

• Scatter plot

• Pie chart

• Histogram

What is the main purpose of data analytics in business?

• To create advertisements

• To predict market trends

• To manage employee schedules

• To design websites

Which type of data can provide insights into customer preferences?

• Financial data

• Market research data

• Inventory data

• HR data

What is one way businesses use data analysis in finance?

• To develop marketing campaigns

• To predict cash flow

• To train new employees

Which chart is typically used to show frequency distribution?

• Line chart

• Bar chart

• Histogram

• Pie chart

Why are graphs used in data analysis?

• To make data more complex

• To make data more readable

• To store data

• To encrypt data