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Last Updated: Aug 23, 2026
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| Section | Objectives |
|---|---|
| Business Intelligence and Analytics | - Data Mining Concepts - Key Performance Indicators (KPIs) - Predictive Analytics Basics - Dashboards and Reporting |
| Data Analysis Fundamentals | - Descriptive Statistics - Data Visualization Techniques - Data Quality and Cleaning - Data Types and Measurement Scales |
| Data-Driven Culture and Communication | - Building Data-Informed Organizations - Presenting Data Insights - Ethical Considerations in Data Use - Stakeholder Communication |
| Decision-Making Frameworks | - Risk Analysis and Assessment - Cost-Benefit Analysis - Evidence-Based Decision Making - Rational Decision Models |
1. A normally distributed data index of vehicle safety ratings has a mean of 100 and a standard deviation of 15.
What is the probability that a randomly selected vehicle safety score from the data set will be between 85 and
115?
A) 99.7%
B) 100%
C) 95.4%
D) 68.8%
2. A firm seeks to sharply reduce sales lead times to enhance sales effectiveness and productivity. Which action should the firm take to accomplish this?
A) Increase the research and development budget
B) Deploy a customer relationship management tool
C) Implement additional quality assurance measures
D) Prepare a media campaign
3. A political ballot gives voters the option to vote for one of three candidates. Eight voters cast their ballots.
Which statistical rule should be used to determine the possible voting outcomes?
A) Bayes ' theorem
B) Conditional probability
C) Multiplication principle
D) Combination
4. A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction while also thinking about the overall long-term financial performance of the company.
Which performance tool would best meet this firm ' s objectives?
A) Results-based management
B) Balanced scorecard
C) KPI dashboard
D) Net promoter score
5. A county government is creating a budget for the next fiscal year. They wish to use analytics to guide their decisions about costs. Which analytic method can the county apply to this issue?
A) Average cost per project spent by other similar counties
B) Median cost for all county projects
C) Average number of projects completed
D) Median number of projects completed last year
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A |
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