Reference no: EM132837913

Problem 1. What can be said about determining causation between two factors from a business standpoint, when you have a well-thought-out dataset?

Select an answer:

A. Identifying a causal factor does not require additional resources and time.
B. Although it might not always be accurate, you can use good business judgment to identify a causal factor.
C. If you apply your business judgment, you will always be able to identify a causal factor.
D. If you have a well-thought-out dataset, a causal factor will appear in the data.

Problem 2. The new software analyzes sales conversion per sales in a way intended to increase sales success. What is the first thing you must do before evaluating the new software?

Select an answer:

A. Acknowledge it will measure "success."
B. Define what "sales conversion" is.
C. Define how "success" is to be measured.
D. Define what a "sale" is.