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Questions and Answers
What is a key benefit of using advanced analytics in business?
What is a key benefit of using advanced analytics in business?
- Eliminates the requirement for data security
- Improves manual data entry processes
- Drives insights from large data sets (correct)
- Reduces the need for technology
Which statement best describes the role of machine learning in data analysis?
Which statement best describes the role of machine learning in data analysis?
- Machine learning is only effective for small data sets
- It automates data collection for analysts
- Machine learning requires no historical data to function
- Machine learning algorithms can improve their performance over time (correct)
What is a potential risk associated with inadequate data governance?
What is a potential risk associated with inadequate data governance?
- Data breaches and compliance issues (correct)
- Higher data quality and integrity
- Improved customer insights
- Increased operational efficiency
Which of the following is NOT a characteristic of big data?
Which of the following is NOT a characteristic of big data?
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In the context of data analytics, what does 'data visualization' primarily help with?
In the context of data analytics, what does 'data visualization' primarily help with?
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