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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is predictive analytics?
π‘ Hint: Think about how businesses predict what customers will buy next.
Question 2
Easy
Name one source of data for predictive analytics.
π‘ Hint: Consider where companies collect customer feedback.
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 does predictive analytics primarily focus on?
π‘ Hint: Think about what predictive means.
Question 2
True or False: Predictive analytics can help improve customer experiences.
π‘ Hint: Consider how businesses tailor services based on predictions.
Solve 1 more question and get performance evaluation
Push your limits with challenges.
Question 1
Consider a retail company that implemented predictive analytics but still experienced high churn rates. Identify factors that could lead to this failure.
π‘ Hint: Reflect on the stages of the predictive analytics process.
Question 2
Design a predictive analytics strategy for a new subscriber-based service, considering data sources and potential outcomes.
π‘ Hint: Focus on data that reveals user behavior over time.
Challenge and get performance evaluation