Question
A financial organization is aiming to reduce operational
costs by analyzing transactional data to identify inefficiencies. Which of the following roles should a data analyst primarily adopt in this scenario?Solution
A data analyst in this context would be acting as a "Problem Solver." This role involves identifying and diagnosing inefficiencies within the transactional data and providing actionable insights to streamline operations. By focusing on problem-solving, the analyst can leverage data-driven methods to highlight cost-saving opportunities and recommend strategies to eliminate bottlenecks. Unlike merely generating reports or performing statistical analysis, problem-solving encompasses identifying patterns and developing insights that directly address the organization's business challenge. Effective problem-solving requires a blend of technical skills, business acumen, and strategic thinking. The other options are incorrect because: • Data Modeler focuses primarily on structuring and organizing data without necessarily addressing operational inefficiencies. • Report Generator implies generating static reports, which is too limited in scope for actively reducing costs. • Statistical Consultant emphasizes advising on statistical methodologies, not specifically solving operational inefficiencies. • System Administrator pertains to maintaining IT systems, not data analysis.
Where is the Headquarter of National Environmental Engineering Research Institute situated?
Ken-Betwa link project is an interlinking project to connect the tributaries of Ken and Betwa river of which of the following state? Â
An Ummathat folk dancer from Karnataka ________ had been honoured with Padma Shri in 2023.
Which is the highest waterfall of the world on land?
The current Cabinet Minister of Agriculture and Farmers Welfare is _____________ .
Machines, tools and implements, and buildings are examples of which type of goods?
Which Satellite-Based Augmentation System (SBAS) holds the distinction of being the world's first to be certified for approach with vertical guidance an...
As per the RBI, the definition of hedging includes mitigating which type of risk?
Which of the following is NOT an example of Mass Communication?
Indian Universities Commission was set up in which of the following years?