Exam Code: CBDA
Exam Name: Certification in Business Data Analytics (IIBA - CBDA)
Updated: Nov 17, 2024
Q&As: 150
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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?
A. What is the time to market the software
B. What is the total cost incurred per year
C. What is the number of customers retained over the past 3 years
D. What is the average time for conversion
The data analysis completed by the analytics team points to three potential options that could be recommended by the team each of which will help their organization meet their desired goal. Given that there is no significant difference in the results that each option would provide, the team will reach a final recommendation by determining value to be delivered to specific parts of the organization and:
A. Within the functional unit with the most staff
B. By which manager wants the change the most
C. Assessing the impact of change for each one
D. By optaining a decision by senior management
A company wants to run a monthly promotion on batteries that cost 15 cents each and sells for 50 cents. At this price, they typically sell 1000 batteries and generate a profit of 35 cents per battery for a total profit of $350. The analytics team was asked to test two price points20% off (i.e. a sale price of 40 cents) and 40% off (i.e., a sale price of 30 cents). The survey data completed by 10000 participants was analyzed and showed that a 20% savings would result in sales of 1200 batteries and the 40% savings would result in 1800 batteries being sold. The team's initial recommendation was to recommend the 40% discount. Now that they are validating their recommendations, they decide to:
A. Question why management would only want them to test two price points
B. Change their recommendation realizing they have been victims of linear bias
C. Redo the survey looking for a larger sample size
D. Use their original recommendation given that the volume of sales is much higher
The CustomerOrder entity will include information on all customer orders. Applying database normalization rules, which set of attributes will need to be normalized to avoid redundancies?
1.
Customerld
2.
CustomerPhone
3.
Orderld
4.
OrderDate
5.
ProductName
6.
ProductQuantity
7.
OrderTotal
A. CustomerPhone
B. ProductName
C. ProductName ProductQuantity
D. Orderld ProductName
E. Customerld OrderDate
An analyst calculates the average, median, and mode values for a dataset.What type of analytics is the analyst performing?
A. Predictive
B. Diagnostic
C. Prescriptive
D. Descriptive
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