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Questions and Answers
What is the primary purpose of analytics?
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?
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?
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?
Which fields may benefit from the application of analytics?
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What is the overall analytic platforms software market growth in 2020 according to Gartner?
What is the overall analytic platforms software market growth in 2020 according to Gartner?
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