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VCE
The analytics team has been asked to assess sales data from their company's website with the hopes of providing insights to help increase online sales. It's the first time the team is looking at this specific data and they are concerned about the quality of data that has been captured. They decide to use the following approach as the next step:
A. Trend Analysis
B. Classification analysis
C. Data Analysis
D. Exploratory analysis
To gain traction on online sales, a retailer initiated a marketing campaign using banner ads. The company has requested their analytics team to evaluate the performance of the campaign. During the presentation, the analyst confirmed that the campaign did bring in a large number of net new customers to the website and met the target sales conversion rate. They also noted that there was a high number of repeat visitors not completing a sale. What decision would help the retailer improve sales conversion rates for repeat visitors?
A. Increase investment in banner ads
B. Incentivize customers to subscribe to promotional notifications
C. Add additional new products to attract customers
D. Ensure the sales checkout process is streamlined
An analytics team has been asked to answer the following question: "Given that you're a customer, would you work at our company?" The team is concerned about answering this question because it is:
A. Insignificant
B. Short
C. Unethical
D. Unclear