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FA 1 FUNDA ANAL
| Question | Answer |
|---|---|
| What role does Data play in the Data Value Chain? | Generation of Data |
| What is the ultimate goal of data analytics? | Decision-Making |
| What is Diagnostic Analytics? | It involves for analyzing data why an event occured |
| How is data commonly described in the Data Analytics? | Intangible Resource |
| Which of the following is NOT a stage in the Data Value Chain? | Data Utilization |
| Which of the following profession are involved with ETL? | Data Engineer |
| What role does Insights play in the Data Value Chain? | Finding Patterns and Trends |
| The Data Value Chain is built upon Decision Support System. | FALSE |
| The following are project management phases except for: | Designing |
| What is the process of refining data in analytics often referred to? | Data Analytics |
| Which of the following profession are involved with outlining necessary actions for clients / stakeholders? | Functional Analyst |
| The Decision Support System is built upon Data Value Chain. | TRUE |
| Which of the following profession are involved with Data Repositories? | Data Engineer |
| What is Predictive Analytics? | It involves identifying future events based on historical data |
| What is the primary objective of the Data Value Chain? | Extracting Insights |
| Which of the following profession are involved with crafting definitive prescriptions? | Fnctional Analyst |
| Which of the following profession are involved with predictive analytics? | Data Scientist |
| Which of the following profession are involved with outlining necessary actions for clients / stakeholders? | Functional Analyst |
| What role does Imperatives play in the Data Value Chain? | Practical Recommendations |
| What is the overarching goal of the Data Value Chain in an organization? | Data Extraction |
| What is Data in Analytics? | New Resource |
| At what point does the Data Value Chain start? | Data Collection |
| Where does the data from analytics mainly came from? | People |
| The following are Data Scientist responsibilities except: | All of the Above |
| Analytics is a tool for giving actionable options. | TRUE |
| What role does Information play in the Data Value Chain? | Extraction and Consolidation |
| Which of the following profession are involved with Data Usage? | Data Steward |
| In the analogy comparing data to natural minerals, what does analytics do to data? | Polishes |
| The following are Data Engineers responsibilities except: | Enforce |
| Analytics is a tool for commanding decisions. | FALSE |
| They are also called as Data Gatekeepers. | DATA STEWARD |
| Which of the following profession are involved with insights validation of Data Scientist? | Functional Analyst |
| What is Prescriptive Analytics? | It involves recommending actions |
| Which of the following profession are involved with Data Security? | Data Steward |
| How is data handled in analytics? | All of the above |
| What is Descriptive Analytics? | It involves summarizing of historical data |
| What does the Data Value Chain encompass? | All of the above |
| The following are Functional Analyst responsibilities except: | design |
| The end user has the final say for making decisions whether is reasonable or not. | TRUE |
| Which of the following profession are involved with applying trends and patterns to make data-driven prediction? | Data Scientist |
| The following are Data Stewards responsibilities except: | Test |