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CBDA Exam Dumps : Certification in Business Data Analytics (IIBA - CBDA)

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Certification in Business Data Analytics (IIBA - CBDA) Questions and Answers

Question 1

An analytics team is interested in reviewing the results of a public opinion poll that is going to be conducted at the end of the month. One of the factors the team is interested in, is ensuring the result set is statistically significant. Why would this factor be important to the team?

Options:

A.

To make sure the criteria for the target audience is met

B.

Guarantee that the objectives of the poll are met

C.

Improve the likelihood of receiving a response rate of 100%

D.

Ensure that results are not biased or random

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Question 2

An online retailer of men's athletic apparel is seeking to become the market leader in the industry. To deliver on this strategy, the analytics team continuously collects data on the prices of competitor products and uses this information to adjust the retailer's prices. What type of analytics is the retailer using to maintain their pricing structure?

Options:

A.

Descriptive

B.

Diagnostic

C.

Predictive

D.

Prescriptive

Question 3

A new dataset describing employee salaries is received by a company. A colleague wonders whether a variable follows a Gaussian distribution. Which of the following plots would demonstrate this?

Options:

A.

Normal probability plot

B.

Scatterplot

C.

Boxplot

D.

Lowess curve