Decisions can be classified into three categories based on the level at which they occur. · Strategic decisions set the course of an organization. These are made by top management · Tactical decisions are decisions about how things will get done. These are made by middle management · Operational decisions refer to decisions that employees make each day to make the organization run. These are made by lower management or employees across the organisaton.
Which of the following methods is most suitable for forecasting future sales based on historical sales data that exhibits seasonal trends ?
...A marketing team wants to segment customers based on their purchasing frequency and average transaction value. Which framework is most appropriate for ...
Which of the following scenarios would benefit most from using time series analysis with seasonal decomposition?
A data analyst is working with a dataset containing missing values, duplicate entries, and inconsistent formats. What is the most important step in ensu...
Which of the following best describes the primary purpose of a data warehouse in analytics?
Which of the following is not a measure of central tendency?
What is the purpose of calculating an appropriate sample size in data analysis?
In hypothesis testing, a p-value of 0.03 indicates that:
Which of the following is the most appropriate algorithmic approach for solving the "Knapsack Problem" where the goal is to maximize the value within a ...
To help a retail business increase its conversion rate, a data analyst should start by defining which of the following metrics?
