Analytics Overview Quiz
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Questions and Answers

What is the primary purpose of analytics?

  • To apply data patterns toward effective decision-making (correct)
  • To ignore recorded information
  • To examine past data
  • To communicate meaningless patterns in data

    • Which areas are specifically included within analytics?

  • Descriptive analytics, diagnostic analytics, predictive analytics, prescriptive analytics, and cognitive analytics (correct)
  • Marketing, finance, and management
  • Computer science, statistics, and mathematics
  • Online systems and information security

    • What is the estimated global spending on big data and business analytics (BDA) solutions in 2021 according to International Data Corporation?

  • $100 billion
  • $300 billion
  • $25.5 billion
  • $215.7 billion (correct)

    • Which fields may benefit from the application of analytics?

    <p>Marketing, finance, and management</p> Signup and view all the answers

    What is the overall analytic platforms software market growth in 2020 according to Gartner?

    <p>$25.5 billion</p> Signup and view all the answers

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