Become IIBA Certified with updated CBDA exam questions and correct answers
A financial software company has growth and expansion as one of their top strategic priorities for the year.
The senior executive team would like to assess their sales performance over the last 3 years to help set sales
objectives. In discussion with the business analytics manager, for a comprehensive sales report, the sales lead
recommends looking into the number of contracts signed over the past 3 years and the dollar value for the
signed contracts. Which other question is important to consider when evaluating sales performance?
Based on the results of a recently completed analytics initiative, the Human Resource department for a major
department store implemented a change to its hiring practice to address the attrition rates of its sales
associates. The new policy stated that candidates applying for sales positions must possess at least 3 years of
relevant sales experience to be considered. After implementing the change, attrition rates are 10% higher and
management is frustrated. Which of the following could result in this outcome?
The marketing department for a major restaurant chain is interested in testing a Kids Eat Free campaign to
determine if it will help to increase sales. They are interested in piloting the campaign to determine which day
of the week will improve sales the most.
The campaign is launched across 7 cities with each city promoting a different day of the week. The sales data
is collected and provided to a team for analysis. What concern might the analytics team have regarding data
quality across cities?
A pharmaceutical company is conducting research to determine whether a new medicine in development is
more successful in reducing the pain associated with rheumatoid arthritis then their current drug in the market.
A group of volunteers are selected for the research. One set of participants is provided the existing drug while
a second set of participants is given the new drug.Which technique is being applied?
A company wants to gauge the thoughts of their employees towards a new company product. On the 25th of
March the interviewer makes a list of all employees who were at work on that day and then chooses a subset
of those employees to interview. Which term describes the list of all employees present on March 25th?
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