In a data-driven business decision, what process is used to determine the type of data that will be captured for collection so it can be analysed and possibly stored for future reference?*1 pointData CorrelationMeaningful CollectionMeaningful ReportingData Capture and Collection

Which of the following describes the process of turning data points into useful information?answerMarket analysisData analyticsData-driven business decisionsRaw data collection

What term describes the collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making?1 pointData analysisData modelingData analyticsData science

Which of the following options describes data analysis?1 pointThe collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-makingUsing facts to guide business strategyThe various elements that interact with one another in order to provide, manage, store, organize, analyze, and share dataCreating new ways of modeling and understanding the unknown by using raw da

Identify characteristics of data warehouses. More than one answer is possible.1 pointPopulated from operational databases and external data sourcesOptimized for efficient and reliable processing of large volumes of daily transactions.Transformations and integrations performed to support decision makingOptimized for reporting that summarizes large amounts of data

Which of the following is a primary step in data processing?a. Data analysisb. Data collectionc. Data interpretationd. Data visualization