Data Analytics in 2021
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Questions and Answers

Which of the following best describes data analytics?

  • The process of generating vast volumes of data daily
  • The process of collecting and organizing data for future use
  • The process of making impactful business decisions based on data
  • The process of exploring and analyzing large datasets to find hidden patterns and derive valuable insights (correct)

    • What is the purpose of data analytics?

  • To make impactful business decisions based on data (correct)
  • To improve the speed and efficiency of your business
  • To collect and organize data for future use
  • To generate vast volumes of data daily

    • What types of data can companies use for data analytics?

  • Various types of data including log files, web servers, transactional data, and customer-related data (correct)
  • Only social media data
  • Only customer-related data
  • Only log files and web servers

    • How does data analytics improve business?

    <p>By making impactful business decisions based on data</p> Signup and view all the answers

    What are some tools and technologies used for data analytics?

    <p>Many modern tools and technologies</p> Signup and view all the answers

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