3.4.2 - Data Collection and Decision Making
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is data collection?
💡 Hint: Think about what businesses do with data.
Name one benefit of using dashboards in business.
💡 Hint: Consider how visuals help in understanding data.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the main purpose of data collection in businesses?
💡 Hint: Remember the importance of customer insights.
True or False: Dashboards are only useful in financial departments.
💡 Hint: Think about all areas where data can be crucial.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
A retail company has been experiencing declining sales. Discuss how data collection and analysis can help identify potential causes and solutions.
💡 Hint: Consider what data points would be most relevant to sales trends.
Imagine you are launching a new product. How would you leverage predictive analytics to improve your marketing efforts?
💡 Hint: Think about the impact of customer data on product placements and advertising.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.