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IIBA CBDA Practice Test - Questions Answers, Page 8

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Question 71

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DIAGRAM

IIBA CBDA image Question 71 40823 09182024210149000000

Year-over-Year Sales

300

200

The medians and the inter-quartile range is the same in each group
The medians and the inter-quartile range is the same in each group
The medians and the inter-quartile ranges are different in each group
The medians and the inter-quartile ranges are different in each group
The medians are the same but the inter-quartile ranges are not
The medians are the same but the inter-quartile ranges are not
The inter-quartile ranges are the same but the medians are not
The inter-quartile ranges are the same but the medians are not
Suggested answer: B
Explanation:

Explanation: According to the Guide to Business Data Analytics, a boxplot is used to provide a visual summary of one or more groups of data values through their quartiles. In this case, the boxplot shows two different years, 2017 and 2018, with distinct medians and interquartile ranges. The median is represented by the line inside the box, while the interquartile range is represented by the height of the box itself. Outliers are marked with circles above and below the box. From the boxplot, we can see that the median sales for 2018 are higher than the median sales for 2017, and the interquartile range for 2018 is narrower than the interquartile range for 2017. This means that the sales for 2018 are more concentrated around the median and have less variability than the sales for 2017. Therefore, the correct answer is B.

asked 18/09/2024
William Takashi Chan
37 questions

Question 72

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A grocery store chain has requested help in determining how customer preferences are changing with regards to home delivery. An analytics team has completed researching the number of online orders received requesting home delivery versus in-store pickup. The business analyst has selected a model to enable a quick comparison between curbside pick-up, in-store pickup, and home delivery for the last 3 years. Which model has the business analyst chosen?

Pie chart
Pie chart
Funnel chart
Funnel chart
Scatter plot
Scatter plot
Bar chart
Bar chart
Suggested answer: D
Explanation:

Explanation: A bar chart is a graphical representation of data that uses rectangular bars of different heights or lengths to show the values of one or more variables1. A bar chart is suitable for comparing the number of online orders received requesting different types of delivery options for the last 3 years, as it can show the frequency or proportion of each category across time.A bar chart can also help identify trends, patterns, or outliers in the data2. A pie chart is a circular chart that shows the relative sizes of data points in a whole by using different-sized and colored slices3. A pie chart is not suitable for comparing the number of online orders received requesting different types of delivery options for the last 3 years, as it can only show the distribution of one variable at a time, and it does not show the changes over time.A pie chart can also be misleading or confusing if there are too many categories or if the slices are too similar in size4. A funnel chart is a type of chart that shows the stages of a process and the amount of data that passes through each stage5. A funnel chart is not suitable for comparing the number of online orders received requesting different types of delivery options for the last 3 years, as it does not show the categories of delivery options, but rather the progression of customers through a sales or marketing funnel.A funnel chart can help visualize the conversion rates, drop-off rates, or bottlenecks in a process6. A scatter plot is a type of chart that shows the relationship between two numerical variables by using dots to represent the values of each pair of data points. A scatter plot is not suitable for comparing the number of online orders received requesting different types of delivery options for the last 3 years, as it does not show the categories of delivery options, but rather the correlation or association between two continuous variables.A scatter plot can help identify the direction, strength, and shape of the relationship, as well as any outliers or clusters in the data.

asked 18/09/2024
Navaid Ali
42 questions

Question 73

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Analytics is being used to estimate the number of machine breakdowns a company will experience next year. The business analyst provides an optimistic estimate of 10 breakdowns, a pessimistic estimate of 100 breakdowns, and a most likely value of 50 breakdowns. What type of estimation is being used?

Parametric Estimation
Parametric Estimation
PERT
PERT
Top-down
Top-down
Delphi
Delphi
Suggested answer: B
Explanation:

Explanation: According to the Guide to Business Data Analytics, PERT (Program Evaluation and Review Technique) is a type of estimation that uses three values: optimistic, pessimistic, and most likely. The PERT estimate is calculated as the weighted average of these three values, with more weight given to the most likely value. PERT can be used to estimate the duration, cost, or other variables of a project or activity, taking into account the uncertainty and variability of the dat a. PERT can help provide a realistic and reliable estimate based on the available information.

asked 18/09/2024
Chini Nicola
41 questions

Question 74

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A data scientist at a consumer goods company, has been asked to do a detailed analysis on customer profiles. The Data Scientist has identified an external data source that carries valuable additional information on their customers. The data scientist also identifies the address column as the most reliable column to join the internal data source with the external data source. Addresses may appear in different formats for example:

File A = '13 Smith St'

File B = 'Unit 7, 13 Smith Street'

Which of the following techniques would be useful in this situation?

Deterministic linkage
Deterministic linkage
Probabilistic linkage
Probabilistic linkage
Genetic linkage
Genetic linkage
Cuff linkage
Cuff linkage
Suggested answer: B
Explanation:

Probabilistic linkage is a technique that uses statistical methods to match records from different data sources based on the similarity of key variables, such as name, address, date of birth, etc1.Probabilistic linkage can handle variations, errors, or missing values in the data, and assign a score or probability to each potential match2. Probabilistic linkage would be useful in this situation, as the address column may have different formats, spellings, or abbreviations in the internal and external data sources, and a deterministic linkage (which requires exact matches) might miss some valid matches or create false matches.

Deterministic linkage is a technique that uses predefined rules or criteria to match records from different data sources based on the exact agreement of key variables, such as identifiers, codes, or hashes3. Deterministic linkage would not be useful in this situation, as the address column may not have consistent or unique values in the internal and external data sources, and a probabilistic linkage (which allows for some variation or uncertainty) might find more accurate matches or avoid false matches.

Genetic linkage is a term used in genetics to describe the tendency of genes or DNA sequences that are located close together on a chromosome to be inherited together4. Genetic linkage is not relevant to this situation, as it has nothing to do with matching records from different data sources based on the address column.

Cuff linkage is a term used in sewing to describe the process of attaching a cuff to a sleeve by stitching or fastening.Cuff linkage is not relevant to this situation, as it has nothing to do with matching records from different data sources based on the address column.

asked 18/09/2024
Danilo Paolucci
46 questions

Question 75

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There were 7 students enrolled in the Introduction to Artificial Intelligence course. The scores from the final exam were as follows: 64, 70. 80, 80, 90, 98, 100

What is the mean and median for the outlined scores?

79.84.80
79.84.80
83.14,80
83.14,80
80,83.14
80,83.14
83.14.90
83.14.90
Suggested answer: B
Explanation:

Explanation: The mean of a set of numbers is the sum of the numbers divided by the number of numbers. The median of a set of numbers is the middle value when the numbers are arranged in ascending or descending order. To find the mean and median of the given scores, we can use the following steps: To find the mean, we add up all the scores and divide by 7, the number of students. The mean is (64 + 70 + 80 + 80 + 90 + 98 + 100) / 7 = 582 / 7 = 83.14 To find the median, we arrange the scores in ascending order: 64, 70, 80, 80, 90, 98, 100. Since there are an odd number of scores, the median is the middle score, which is 80. Therefore, the mean and median for the outlined scores are 83.14 and 80, respectively.

asked 18/09/2024
Tiro malope
43 questions

Question 76

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An analytics team is sourcing data for a new analytics initiative and is deciding between two comparable data sources. One source being considered is a very large dataset and another consists of three smaller sources. What advantage will the larger dataset provide over the three smaller sources?

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Question 77

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To ensure their recommendation can be acted upon, the business analysis professional on the analytics team helps the team complete financial analysis to support their recommendation. As part of the financial analysis that's completed, the cost-benefit analysis shows positive net benefits starting in the 2nd year. The team feels this is sufficient to proceed with their strong endorsement of the recommendation. The business analysis professional:

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Question 78

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Which attribute in the Customerissues entity would be categorized as unstructured data?

* CustomerlD

* ConcernCategory

* ConcernSubCategory

* AgentID

* ComplaintNotes

* lssueResolved(Y/N)

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Question 79

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A manufacturing company, specializing in turf maintenance equipment, has recently seen a decline in their lawn mower sales. As a result, the analytics team is asked to review the latest customer satisfaction survey results. An analyst on this team creates a report for senior management with attractive visuals, supported by the KPI results. Upon reviewing the report, the analyst's manager mentions that the report is missing the narrative. What does this mean?

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Question 80

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The analytics team scheduled a meeting with key stakeholders to present their recommendations. The team envisioned this as the final step of their work and fully expected complete acceptance of those recommendations, particularly given that very few questions were asked. They were surprised when they received word that the organization wasn't ready to move forward. What did they overlook?

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