CAF-3 · Chapter 3 · Question 5 of 15
A retail company reviews its monthly dashboard to see total sales and website traffic for the previous quarter, answering the question "What happened?". This is an example of:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Descriptive Analytics
Explanation
Descriptive analytics looks at historical data to answer "What happened?" using techniques like data aggregation, visualization, and summarization
More Data Analytics Maturity Model (The 4 Stages) MCQs
- Q7Which of the following analytical techniques are primarily used in Diagnostic Analytics to identify root causes?
- Q8A supply chain manager builds models to estimate future demand, supplier lead times, and potential stockouts before they occur. This…
- 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: