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Exam IIBA-CBDA topic 1 question 5 discussion

Actual exam question from IIBA's IIBA-CBDA
Question #: 5
Topic #: 1
[All IIBA-CBDA Questions]

The analytics team is assessing the results of their analysis. They are surprised to find that their data indicates two events seem to be strongly related even though the general belief in the organization is that they are independent of each other. Knowing that this information will be used for decision making, they are concerned about presenting this data.
At an impasse, the business analysis professional reminds them that the data can be presented as long as the team has:

  • A. Followed all rules for data analysis endorsed as organizational standards so the risk of acting on this is low
  • B. Review the results with management ahead of time and highlight any potential risk of using this data
  • C. The ability to rerun the data analysis and the results are the same thereby minimizing the risk of acting on this
  • D. Confidence that the correlation will reliably occur in the future and the risk of acting on this is low
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Suggested Answer: C 🗳️

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keyss
3 weeks, 4 days ago
Selected Answer: C
C. The ability to rerun the data analysis and the results are the same thereby minimizing the risk of acting on this
upvoted 1 times
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Rabbitsfoot
6 months, 3 weeks ago
Selected Answer: C
C. The ability to rerun the data analysis and the results are the same thereby minimizing the risk of acting on this Having the ability to rerun the analysis and obtain the same results ensures that the findings are reproducible and reliable. This helps minimize the risk of acting on incorrect data and provides confidence in the analysis, making it a sound basis for decision-making. B emphasizes communication and risk awareness, while C emphasizes technical rigor and reproducibility.
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