MAKING FINAL EXAM 2026 COMPLETE ACCURATE EXAM
REAL QUESTIONS AND CORRECT DETAILED ANSWERS
(100% CORRECT VERIFIED SOLUTIONS) A NEW UPDATED
VERSION |GUARANTEED PASS A+
A retail chain wants to know which of its marketing campaigns (social
media, email, or TV) resulted in the highest sales increase last quarter.
What type of analytics is the company using?
A) Predictive Analytics
B) Descriptive Analytics (Correct Answer)
C) Prescriptive Analytics
D) Diagnostic Analytics
A logistics company uses its historical data on delivery times, traffic
patterns, and weather to forecast potential delays for next week’s
shipments. This is an example of:
A) Predictive Analytics (Correct Answer)
B) Descriptive Analytics
C) Prescriptive Analytics
D) Qualitative Analytics
An airline uses a complex algorithm to recommend the optimal ticket
price for a specific flight to maximize revenue, considering current
demand, competitor pricing, and seasonality. This is an example of:
,A) Predictive Analytics
B) Descriptive Analytics
C) Prescriptive Analytics (Correct Answer)
D) Diagnostic Analytics
According to the Davenport-Kim Three-Stage Model, what is the first
step in the decision-making process?
A) Solving the problem
B) Communicating results
C) Framing the problem (Correct Answer)
D) Collecting data
During which stage of the Davenport-Kim model would a manager
create visualizations like charts and graphs to share findings with
stakeholders?
A) Framing the problem
B) Solving the problem
C) Communicating results (Correct Answer)
D) Data cleaning
The zip code of a customer's primary residence is an example of what
type of data?
A) Ratio Data
, B) Interval Data
C) Ordinal Data
D) Nominal Data (Correct Answer)
A customer satisfaction survey asks respondents to rate their
experience as "Very Unsatisfied," "Unsatisfied," "Neutral," "Satisfied,"
or "Very Satisfied." This is an example of:
A) Nominal Data
B) Ordinal Data (Correct Answer)
C) Interval Data
D) Continuous Data
Temperature measured in degrees Fahrenheit is an example of interval
data because:
A) It has a true zero point.
B) The intervals between values are interpretable, but zero is not
absolute. (Correct Answer)
C) It can only be categorized by name.
D) It represents whole, countable numbers.
A person's annual salary in dollars is an example of what type of data?
A) Ordinal Data
B) Interval Data