4. A data analyst is working for a local power company. Recently, many new apartments have been built in the community, so the company wants to determine how much electricity it needs to produce for the new residents in the future. A data analyst uses data to help the company make a more informed forecast. This is an example of which problem type?
1 / 1 point
Correct
This is an example of making predictions. Making predictions deals with making informed decisions about how things may be in the future.
Related Questions & Answers:
- Fill in the blank: _____ involves the ability to break things down into smaller steps or pieces and work with them in an orderly and logical way. 3.Fill in the blank: _____ involves the ability to break things down into smaller steps or pieces and work with ... Read more...
- A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a plan to solve the original business problem. This describes which step of the data analysis process? 5.A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a ... Read more...
- Data and business objectives might not align for a number of reasons. Which of the following issues can prevent alignment? Select all that apply. 8. Data and business objectives might not align for a number of reasons. Which of the following issues can prevent ... Read more...
- In order to extract the five-digit postal code from North Wales, PA, what is the correct function? 4. You are working with the following selection of a spreadsheet: A B 1 Customer Address 2 Sally Stewart ... Read more...
- While verifying cleaned data, a data analyst encounters a misspelled name. Which function can they use to determine if the error is repeated throughout the dataset? 4. While verifying cleaned data, a data analyst encounters a misspelled name. Which function can they use to determine if ... Read more...
- You use a spreadsheet function to divide the text strings in Column G around the commas and put each fragment into a new, separate cell. In this example, what are the commas called? 5. Scenario 1, continued You have finished cleaning the data to ensure it is complete, correct, and relevant to the ... Read more...