← Back to exam page

Free IIBA-CBDA – Iiba IIBA-CBDA Practice Test Question

Loading demo links...

Showing 1–3 of 8 questions

Question 1 (Topic 1)

After analyzing sales data, the analytics team finds that the older the customer, the more expensive the neckties purchased. The team felt this was a breakthrough insight but on closer analysis realized that other factors could account for this relationship. This is a clear indication that:

Select an option, then click Submit answer.

  • ○ Correlation between variables does not imply causation
  • ○ Causation has no relationship with correlation
  • ○ Correlation between variables implies causation
  • ○ Causation between variables does not imply correlation
Question 2 (Topic 1)

An online retailer of men’s athletic apparel is seeking to become the market leader in the industry. To deliver on this strategy, the analytics team continuously collects data on the prices of competitor products and uses this information to adjust the retailer's prices. What type of analytics is the retailer using to maintain their pricing structure?

Select an option, then click Submit answer.

  • ○ Prescriptive
  • ○ Diagnostic
  • ○ Descriptive
  • ○ Predictive
Question 3 (Topic 1)

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?

Select an option, then click Submit answer.

  • ○ Population of interest
  • ○ Sample weights
  • ○ Sampling frame
  • ○ Survey sample