Question

question 4 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, analyzing the popularity data of animal - print clothing (data analysis) leads to a business decision (developing a clothing line).
• In option B, analyzing the success rate data of a fundraising campaign (data analysis) and calculating the probability (also a form of data - based assessment) influences the decision about a similar campaign.

Answer:

C. Both A and B