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Question 22 - CBDA discussion

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An analyst is interested in providing a visual diagram to compare and contrast the characteristics of four different solution options. Each option should be represented by their cost, value, and risk level. What type of chart would accomplish this task?

A.
Bubble
Answers
A.
Bubble
B.
Waterfall
Answers
B.
Waterfall
C.
Pie
Answers
C.
Pie
D.
Bullet
Answers
D.
Bullet
Suggested answer: A

Explanation:

A bubble chart is a type of chart that displays three dimensions of data: the x-axis, the y-axis, and the size of the bubble. A bubble chart can be used to compare and contrast the characteristics of different solution options by plotting their cost, value, and risk level on the three axes. For example, a solution option with a high cost, high value, and low risk would be represented by a large bubble on the upper left corner of the chart, while a solution option with a low cost, low value, and high risk would be represented by a small bubble on the lower right corner of the chart. A bubble chart can help the analyst and the stakeholders to visualize the trade-offs and benefits of each solution option and to select the most optimal one based on the business objectives and constraints.

Reference:Guide to Business Data Analytics, page 77;Introduction to Business Data Analytics: A Practitioner View, page 16; [Business Data Analytics: A Practical Guide], page 121.

asked 18/09/2024
samir Heniche
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