Practice What Is Business Decision-Making? - 18.1.1 | 18. Data Science for Business and Decision- Making | Data Science Advance
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define Business Decision-Making in your own words.

πŸ’‘ Hint: Think about why companies need to make decisions.

Question 2

Easy

What does data science help in improving decision-making?

πŸ’‘ Hint: Consider how using data can change decisions.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is business decision-making?

πŸ’‘ Hint: Focus on the selection aspect of decisions.

Question 2

True or False: Data-driven decision-making replaces intuition entirely.

  • True
  • False

πŸ’‘ Hint: Think about the nature of decision-making.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Create a business decision-making scenario for a hypothetical company that struggles with customer retention. Integrate data science concepts that could improve their situation.

πŸ’‘ Hint: Think about data science tools that analyze customer behavior.

Question 2

Evaluate the effectiveness of introducing data science into a decision-making process of a start-up and how this could change the outcome.

πŸ’‘ Hint: Consider the impact of data analytics on competitive advantage.

Challenge and get performance evaluation