Exam IIBA-CBDA topic 1 question 29 discussion

Actual exam question from IIBA's IIBA-CBDA

Question #: 29
Topic #: 1

An insurance company has seen an upward trend in winter-related accidents over the past three years. The company has just completed an analytics study to better understand the primary reasons for these accidents and assess how many of the drivers were using winter tires. This analysis will help the company decide how to move forward with drivers not taking precautionary measures during winter.
What type of analysis will help in determining the primary reasons and percentage of those drivers with winter tires?

A. Descriptive and Predictive
B. Descriptive
C. Prescriptive
D. Descriptive and Diagnostic

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Suggested Answer: D -
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by Rabbitsfoot at July 21, 2024, 1:48 p.m.

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keyss

3 weeks, 3 days ago

Selected Answer: D

D. Descriptive and Diagnostic

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Rabbitsfoot

6 months, 2 weeks ago

Selected Answer: D

See CBDA guide pg 8 - 1.3 Business Data Analytics Objectives Descriptive: Provides insight into the past by describing or summarizing data. Descriptive analytics aims to answer the question “What has happened?” • Example: Aggregation and summarization of sales data based on geographic regions. Diagnostic: Explores why an outcome occurred. Diagnostic analytics is used to answer the question “Why did a certain event occur?” • Example: Investigation of dipping revenue in a particular quarter.

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Exam IIBA-CBDA topic 1 question 29 discussion

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keyss

Rabbitsfoot

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