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Business Analytics Flashcards | StudBud
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Business Analytics
Business Analytics
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1
What is the role of Business Analytics in decision-making?
Replaces management
Eliminates decision-making
Provides data-driven insights
Focuses only on historical data
2
Which function is used to read a CSV file in R?
import.csv()
load.csv()
read.csv()
fetch.csv()
3
Big Data is characterized by which of the following 3Vs?
Value, Volume, Visibility
Volume, Variety, Velocity
Vision, Versatility, Variability
Version, Verification, Validation
4
Which visualization technique is best for comparing categories?
Line
Bar
Pie
Histogram
5
Which data type includes videos, social media posts, and emails?
Structured Data
Unstructured Data
Semi-Structured Data
Quantitative Data
6
Which of the following is a Descriptive Analytics technique?
Machine learning
Regression analysis
Data visualization
Probability forecasting
7
Which R function is used to display the first few rows of a dataset?
head()
top()
preview()
start()
8
Which control statement is used for loops in R?
if-else
define
switch
while
9
Which of the following is an R package?
pandas
TensorFlow
ggplot2
NumPy
10
Which of the following is NOT a category of Business Analytics?
Prescriptive Analytics
Descriptive Analytics
Reactive Analytics ✅
Predictive Analytics
11
Which probability distribution is often used in Descriptive Analytics?
Exponential Distribution
Normal Distribution
Uniform Distribution
Poisson Distribution
12
Which of the following best describes Big Data?
A small dataset
Data that can be processed in a spreadsheet
A specific database type
Large, complex data sets that require advanced tools for analysis
13
What is the main goal of Predictive Analytics?
Predict future outcomes
Describe past performance
Provide recommendations
Organize raw data
14
Which function is used to filter data in R?
filterData()
extract()
subset()
refine()
15
What is the purpose of R in Business Analytics?
Web Development
Creating mobile applications
Making presentations
Statistical Computing and Data Analysis
16
What does Business Decision Modeling primarily involve?
Predicting future trends based on data
Randomly selecting decisions
Creating charts in Excel
Writing SQL queries
17
Which of the following is TRUE about R?
R cannot handle large datasets
R is primarily used for web development
R is open-source and widely used in data science
R is a database system
18
Which of the following is NOT a type of data used in Business Analytics?
Semi-Structured Data
Structured Data
Quantum Data
Unstructured Data
19
How do you check the structure of a dataset in R?
info()
structure()
summary()
str()
20
What is the primary advantage of using R in Business Analytics?
User-friendly interface
High-speed processing
Limited data visualization features
Advanced statistical computing capabilities
21
What is an R frame?
A control statement
A programming function
A data structure used to store tabular data
A graphical plot
22
Which statistical measure represents the central value of a dataset?
Variance
Range
Standard Deviation
Mean
23
What is the main objective of Descriptive Analytics?
Automating data processing
Predicting future trends
Providing decision-making recommendations
Summarizing past data
24
What is Business Analytics primarily used for?
Writing business reports
Creating graphics for reports
Analyzing data to make informed decisions
Selling products online
25
Which method of Business Analytics provides recommendations for decision-making?
Descriptive Analytics
Prescriptive Analytics
Predictive Analytics
Diagnostic Analytics