CAF-3 · Chapter 3 · Question 7 of 15
Which of the following analytical techniques are primarily used in Diagnostic Analytics to identify root causes?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Drill-down analysis, correlation analysis, and anomaly detection
Explanation
Diagnostic analytics relies on techniques like drill-down analysis, correlation analysis, and anomaly detection to find out why an event occurred
More Data Analytics Maturity Model (The 4 Stages) MCQs
- Q9Predictive analytics relies heavily on which of the following foundations?
- Q10Which stage of data analytics recommends optimal actions based on predictions to realize maximum business value?
- Q11An airline system automatically adjusts ticket prices in real-time based on demand forecasts to maximize revenue. This is an application of:
- Q12If a company wants to utilize optimization algorithms, simulations, and decision trees, they are planning to implement which type of…
- Q13The implementation of data analytics provides organizations with a competitive advantage. How is this advantage primarily achieved?
