Question

question 5 of 10
which of the following examples explain how data analysis can influence a business or organizations decision making ability?
a fashion entrepreneur noticing increased popularity in animal print clothing items over the last 6 months and deciding to develop a clothing line around that theme.
a non - profit director noticing a high rate of success with a fundraising campaign for small eco - friendly companies and calculating the probability of a similar fundraising campaign working well for those same eco - friendly companies.
both a and b
neither a nor b

Explanation:

• In option A, the fashion entrepreneur uses data (increased popularity of animal print clothing over 6 months) to make a business - related decision (developing a clothing line).
• In option B, the non - profit director uses data (high success rate of a fundraising campaign) and probability calculations (a form of data analysis) to make a decision about future fundraising campaigns.

Answer:

C. Both A and B