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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is business decision-making?
π‘ Hint: Think about how businesses choose strategies.
Question 2
Easy
What does data preprocessing involve?
π‘ Hint: Consider the steps before analyzing data.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is a key benefit of using data science in decision-making?
π‘ Hint: Think about the nature of decisions backed by data.
Question 2
True or False: Data preprocessing is an optional step in data-driven decision-making.
π‘ Hint: Consider the steps involved before analysis.
Solve and get performance evaluation
Push your limits with challenges.
Question 1
A retail company is facing high customer churn rates. Develop a data-driven strategy using analytics to predict and mitigate this issue.
π‘ Hint: What elements of data science can help you analyze customer behavior?
Question 2
How might a fraud detection system leverage anomaly detection techniques? Create an example scenario.
π‘ Hint: Consider how unusual spending patterns could trigger alerts.
Challenge and get performance evaluation