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IIBA Updated CBDA Exam Questions and Answers by prince

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IIBA CBDA Exam Overview :

Exam Name: Certification in Business Data Analytics (IIBA - CBDA)
Exam Code: CBDA Dumps
Vendor: IIBA Certification: Business Data Analytics
Questions: 150 Q&A's Shared By: prince
Question 12

A research marketer is interested in collecting information about the spending habits of families in North America. Concerned about the volume of data required to conduct the research, they choose to use sampling. The dataset is sourced using all credit card transactions from a leading North American credit card company for Quarter 1 of the prior year. The sample used is:

Options:

A.

Statistically representative

B.

Not relevant

C.

Too large to be helpful

D.

Biased

Discussion
Question 13

A government agency is conducting a study on the performance of 12th grade students' in mathematics across the country. In particular, they want to understand if there is a relationship between intelligence and scores, as well as the difference in performance between various locations. Which combination of inferential statistics procedures should be used?

Options:

A.

Range, standard deviation

B.

Mean, median

C.

Correlation co-efficient, analysis of variance

D.

Frequency distribution, time-series

Discussion
Question 14

The analytics team is assessing the results of their analysis. They are surprised to find that their data indicates two events seem to

be strongly related even though the general belief in the organization is that they are independent of each other. Knowing that

this information will be used for decision making, they are concerned about presenting this data. At an impasse, the business

analysis professional reminds them that the data can be presented as long as the team has:

Options:

A.

Review the results with management ahead of time and highlight any potential risk of using

this data

B.

Confidence that the correlation will reliably occur in the future and the risk of acting on this

is low

C.

Followed all rules for data analysis endorsed as organizational standards so the risk of

acting on this is low

D.

The ability to rerun the data analysis and the results are the same thereby minimizing the

risk of acting on this

Discussion
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Question 15

Interested in building out the analytics capability based on the positive results obtained by past analytics efforts, the Chief Marketing Officer (CMO) pitches the idea of using analytics to guide future decision making across the enterprise. Before allocating budget to build up an enterprise analytics practice, the decision makers should:

Options:

A.

Request that a small team be assembled to brainstorm a list of capabilities to develop with any approved monies

B.

Identify the sponsor and a project manager who can collaborate on the development of the project charter

C.

Oversee the completion of up-front analysis to determine how value can be achieved through an enterprise-wide analytics practice

D.

Determine if the company has the sufficient resources to build up the analytics practice

Discussion
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