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A financial software company has growth and expansion as one of their top strategic priorities for the year.
The senior executive team would like to assess their sales performance over the last 3 years to help set sales
objectives. In discussion with the business analytics manager, for a comprehensive sales report, the sales lead
recommends looking into the number of contracts signed over the past 3 years and the dollar value for the
signed contracts. Which other question is important to consider when evaluating sales performance?
The analytics team is identifying research questions to address a business problem. The business analysis
professional reminds the
team that the most important dimension to consider is the:
A company wants to gauge the thoughts of their employees towards a new company product. On the 25th of
March the interviewer makes a list of all employees who were at work on that day and then chooses a subset
of those employees to interview. Which term describes the list of all employees present on March 25th?
An analyst is looking at a particular dataset that includes the scores across all 8th grade students, across three
schools. The analyst is trying to determine which type of statistics average to use to best represent the results.
On looking through the dataset, the analyst has identified a few extreme outliers. As a result, the analyst was
led to use the following type of average:
A Human Resource manager recently learned that their competitor reduced employee attrition rates by 20%
after implementing personality tests as part of their screening process. Intrigued by the idea, the manager
suggests collecting data on personality tests and attrition rates over the next year. The data from this year is
then analyzed to explore possible relationships. What type of analytics has the team been asked to perform?
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