Which of the Following Best Describes the Data Analytics Skill

question 37

Multiple Choice

Which of the following best describes the data analytics skill of defining and addressing problems through statistical data analysis?

• A) recognize what is meant by data quality, be it completeness, reliability or validity
• B) perform basic analysis to understand the quality of the underlying data and its ability to address the business question
• C) demonstrate ability to sort, rearrange, merge and reconfigure data in a manner that allows enhanced analysis
• D) identify and implement an approach that will use statistical data analysis to draw conclusions and make recommendations on a timely basis

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Definitions:

Probable

A term used in accounting and finance to describe events or outcomes that are likely to happen or transactions that are likely to occur.

Estimable

Capable of being estimated or approximated in quantity or value.

Interest Calculations

The process of determining the amount of interest due or earned over a specified period of time, often based on principal amount, rate, and time.

Note Issued

A monetary tool signifying a commitment to pay a determined sum of money on a designated future date.