Which of the Following Positions Is a Typical Prerequisite for a Data

question 31

Multiple Choice

Which of the following positions is a typical prerequisite for a data scientist?

• A)product manager
• B)chief information officer
• C)statistician
• D)chief security officer

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Definitions:

Business Case

A documented argument or rationale for initiating a project or task, outlining the benefits, costs, and risks.

Breakeven Analysis

Breakeven analysis is a financial evaluation to determine the point at which a business, product, or service becomes profitable, balancing costs with revenue.

NPV

Net Present Value, a financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time, used to assess the profitability of an investment.

ROI

Short for Return on Investment, a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of several investments.