4.5.3 - Increased Use of Data Analytics
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 analytics?
💡 Hint: Think of it as analyzing numbers to find insights.
What is predictive analytics?
💡 Hint: Consider how we can use the past to predict trends.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is data analytics primarily used for?
💡 Hint: Think about how businesses look at data.
True or False: Predictive analytics can help a business adjust its strategies based on historical data.
💡 Hint: Consider how past behavior helps with future planning.
1 more question available
Challenge Problems
Push your limits with advanced challenges
A retail company finds its inventory levels frequently mismatched with customer demand. Propose a data analytics strategy to address this issue.
💡 Hint: Consider what data points might inform stock level adjustments.
Discuss the potential ethical implications of using data analytics in decision-making. How might it affect consumer privacy?
💡 Hint: Think about how data is sourced and used in decision-making.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.