IIBA IIBA-CBDA Exam Practice Questions (P. 2)
- Full Access (75 questions)
- Six months of Premium Access
- Access to one million comments
- Seamless ChatGPT Integration
- Ability to download PDF files
- Anki Flashcard files for revision
- No Captcha & No AdSense
- Advanced Exam Configuration
Question #6
An online retailer has been successful utilizing analytics to guide decisions on product placement and marketing spend. Management has requested a task force be assembled to make recommendations on how to further develop their analytics capabilities. To begin this work, the task force builds a model to develop a shared understanding about customer segments, customer relationships, key partnerships, and the company’s value proposition.
The team has leveraged the following model to facilitate this discussion?
The team has leveraged the following model to facilitate this discussion?
- ACATWOE
- BBusiness model canvas
- CBalanced scorecard
- DValue chain analysis
send
light_mode
delete
Question #7
Insights based on the data collected indicate that a multi-national company could increase its sales of a mature product by reducing its price by 20% which would result in increased revenues of 2% over a 6-month period. The team recommends this as an appropriate goal for its organization.
This is considered a good goal because:
This is considered a good goal because:
- AIt meets all the criteria for a well-defined objective
- BThe organization can derive additional revenue from the product
- CManagement will be pleased that the mature product can still contribute to revenue
- DIt indicates that the company does not have to incur costs associated with retiring this product
send
light_mode
delete
Question #8
As the team discusses how to utilize the results of their data analysis to put forth a business recommendation, an analyst on the team voices concern over the current organizational culture presenting a roadblock to their ability to influence business decision making.
Which of the following would be a justifiable concern at this stage of the team’s efforts?
Which of the following would be a justifiable concern at this stage of the team’s efforts?
- AFinding data that creates value creating difficulties, as not all data helps a business make better decisions
- BChanging the mindsets of business stakeholders to trust insights gleaned from data over experience and intuition
- CDifficulty bringing business stakeholders to a shared understanding about value when sharing data assets across business domains
- DApplying a myopic view of data and establishing data silos which create roadblocks to exploring available data sources
send
light_mode
delete
Question #9
The outcome from an analytics initiative has resulted in key stakeholders wanting to move forward with a project to redesign the company’s website. The business analyst has called a meeting to work on drafting a plan to assess the level of effort required to complete this work. Many of the invited participants redesigned the website before and were invited so they could provide estimates using their knowledge and experience from the past.
The business analyst is using which method to estimate this work?
The business analyst is using which method to estimate this work?
send
light_mode
delete
Question #10
The results for a certification exam were revealed in percentage and percentile. The results for one of the attendees was: 75%, 90th percentile.
What is the value in sharing the percentile score?
What is the value in sharing the percentile score?
- AThe percentile score provides value by assessing the attendee’s score against the average score for that exam
- BWhile the exam score is an objective score, the percentile is a relative score that assesses the attendee’s score against the highest possible score
- CBy ranking, it provided additional insight on how the attendee performed in comparison to other attendees
- DThe percentile score does not add any additional value in assessing the attendee’s performance
send
light_mode
delete
All Pages