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DA-100 Analyzing Data with Microsoft Power BI WITH 100-SURE ANSWERS
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DA-100 Analyzing Data with Microsoft Power BI WITH 100-SURE ANSWERS
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10/31/24, 3:02 AM DA-100 Analyzing Data with Microsoft Power BI Flashcards | QuizletEUNICE
DA-100 Analyzing Data with Microsoft Power BI WITH
QUESTIONA-S AND 100% SURE ANSWERS
the life and journey of a data analyst:
skills
tasks
processes
In the learning path "Get started with
Microsoft data analytics," what do you
...they go through in order to tell a story with data so trusted business decision can
learn about?
be made
- how the suite of Power BI tools and services are used by a data analyst to tell a
compelling story through reports and dashboards, and the need for true BI in the
enterprise
- transactional data in a traditional database
What types of data that are being
- telemetry data from services that you use
generated each day in an organization?
- signals that you get from different areas like social media
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, 10/31/24, 3:02 AM DA-100 Analyzing Data with Microsoft Power BI Flashcards | Quizlet
in-store browsing behavior
sales
purchases
pages visited on their site
the aisles in which purchases were made
spending habits
...and much more
Retail analytics focuses on providing insights related to sales, inventory, customers,
and other important aspects crucial for merchants' decision-making process.
The discipline encompasses several granular fields to create a broad picture of a
retail business' health, and sales alongside overall areas for improvement and
reinforcement.
Describe that data the a retail business
collects and stores.
Essentially, retail analytics is used to help make better choices, run businesses more
efficiently, and deliver improved customer service.
The field of retail analysis goes beyond superficial data analysis, using techniques
like data mining and data discovery to sanitize datasets to produce actionable BI
insights that can be applied in the short-term.
Moreover, companies use these analytics to create better snapshots of their target
demographics. By harnessing sales data analysis, retailers can identify their ideal
customers according to diverse categories such as:
- age
- preferences
- buying patterns
- location
- and more
What is the challenge that organizations understanding and using their data to positively effect change within the business.
have today regarding their data and
information?
- tracking inventory
- identifying customer purchase habits
- detecting user trends and patterns
A retail business should be able to use their - recommending purchases
data in such a way that impacts the - determining price optimizations
business, including what? - identifying and stopping fraud
- identifying daily/monthly sales patterns
- performing trend analysis
- performing period over period analysis
What is the key to unlocking business data? being able to tell a story with it
What does crafting reports that tell a story It helps business leaders take action on the data.
do?
Business decision makers depend on what an accurate story
to drive better business decisions?
What is the benefit to a business of making The business will be more competitive, with a better advantage
fast, precise decisions?
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