Practice Importance Of Data In The Modern World (16.3) - Concepts of Data Science
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Importance of Data in the Modern World

Practice - Importance of Data in the Modern World

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does it mean that data is called the 'new oil'?

💡 Hint: Think about what oil represented in industrial times.

Question 2 Easy

Name one use of data in e-commerce.

💡 Hint: Consider your shopping experiences online.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is often referred to as the 'new oil'?

Gold
Data
Silver

💡 Hint: Think about what fuels modern decision-making.

Question 2

True or False: Data can improve customer experience in businesses.

True
False

💡 Hint: Consider how you feel when recommendations align with your preferences.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Design a data-driven strategy for a new online store aiming to improve customer retention. What data would you analyze?

💡 Hint: Consider what makes you return to a store.

Challenge 2 Hard

Propose a method to use data to enhance a healthcare service's efficiency.

💡 Hint: Think about what information is crucial for patient flow.

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