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Questions and Answers
What is the primary purpose of trend analysis and forecasting?
What is the primary purpose of trend analysis and forecasting?
- To create visually appealing dashboards
- To analyze past data and predict future trends (correct)
- To optimize business processes
- To automate data collection
Which tool is mentioned in the text for performing trend analysis and forecasting?
Which tool is mentioned in the text for performing trend analysis and forecasting?
- Excel
- Python
- Power BI
- Tableau (correct)
What type of insights can be gained from trend analysis and forecasting?
What type of insights can be gained from trend analysis and forecasting?
- Identify seasonal patterns
- Predict future sales
- Optimize marketing campaigns
- All of the above (correct)
Which of the following is not a key benefit of using Tableau for trend analysis and forecasting?
Which of the following is not a key benefit of using Tableau for trend analysis and forecasting?
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What type of business decisions can be informed by trend analysis and forecasting?
What type of business decisions can be informed by trend analysis and forecasting?
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