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How does data visualization contribute to business analytics?
How does data visualization contribute to business analytics?
- It reduces the need for data analysis
- It increases the volume of raw data for analysis
- It automates the decision-making process
- It helps in identifying trends and patterns in data more easily (correct)
What is a key benefit of using data visualization in business analytics?
What is a key benefit of using data visualization in business analytics?
- It enhances communication of insights and findings (correct)
- It limits the types of data that can be analyzed
- It increases the complexity of data analysis
- It slows down the decision-making process
In business analytics, what role does data visualization play in understanding customer behavior?
In business analytics, what role does data visualization play in understanding customer behavior?
- It only focuses on historical data
- It has no impact on understanding customer behavior
- It helps in identifying purchasing patterns and preferences (correct)
- It limits the understanding of customer demographics
What is the primary focus of descriptive analytics in business analytics?
What is the primary focus of descriptive analytics in business analytics?
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What is the main objective of descriptive analytics?
What is the main objective of descriptive analytics?
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What does descriptive analytics help businesses to understand?
What does descriptive analytics help businesses to understand?
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