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Exam CBDA Topic 1 Question 45 Discussion

Actual exam question for IIBA's CBDA exam
Question #: 45
Topic #: 1
The analytics team discovers there is an abundance of data available to them from various sources. They are excited about the potential of turning this data into usable information for their organization.They decide to focus the analytics work on:

Suggested Answer: D Vote an answer

According to the IIBA® Guide to Business Data Analytics, analytics work should be driven by well-defined business problems or opportunities that are aligned with the organization's strategic objectives1. Having an abundance of data does not necessarily mean that all of it is relevant, reliable, or useful for the analytics purpose. Therefore, the analytics team should focus on using the data to answer a limited number of key questions that are derived from the business context and that can generate actionable insights and outcomes. This approach can help the analytics team prioritize the most important data sources, methods, and tools, as well as avoid wasting time and resources on analysis that is not impactful or meaningful for the organization.
References:1: IIBA® Guide to Business Data Analytics, Chapter 3: Business Data Analytics Process, page
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by Ashbur at Jun 02, 2024, 07:51 AM

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