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BA Important Questions

The document outlines a comprehensive curriculum on Business Analytics, divided into three units covering topics such as the Business Analytics Lifecycle, the importance of problem-solving, and the role of analytics in banking. It also explores various analytical methods, the model development process, data visualization, and the challenges of implementing Business Analytics. Additionally, it discusses the differences between descriptive, predictive, and prescriptive analytics, along with their applications and techniques.

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45 views1 page

BA Important Questions

The document outlines a comprehensive curriculum on Business Analytics, divided into three units covering topics such as the Business Analytics Lifecycle, the importance of problem-solving, and the role of analytics in banking. It also explores various analytical methods, the model development process, data visualization, and the challenges of implementing Business Analytics. Additionally, it discusses the differences between descriptive, predictive, and prescriptive analytics, along with their applications and techniques.

Uploaded by

satyasaikarthik343
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Unit-1

1. a Explain in detail about Business Analytics Lifecycle.


b Why Problem Solving Is Important in Business? Explain

2. a Analytics plays an important role in Banking and Financial Services? Explain.


b Elaborate the process and various techniques involved in business analytics in a
banking application.
3. a. Explain the scope of Business Analytics across different Business Functions.
b. Explain the importance of Statistical Notation in Business Analytics.

4. a. Evaluate the competitive advantages that Business Analytics provides to


organizations.

b. Explain any two Sampling methods used in Statistical Analysis.

Unit-2

1. a List out the types of Analytics and explain in detail


b What are the models of time series? Explain with examples

2. a State the steps in model development process with an example.


b What do you mean by Data visualization? Briefly Explain the tools in Data
Visualization?
3. a. Explain the role of Modeling Relationships and trends in Data
within Business Analytics.
b. Examine the process of Problem Solving in Business Analytics.

4. a. Discuss the roles of different types of personnel involved in business analytics.

b. Analyze the importance of Data Visualization and Exploration in Business Analytics.

Unit-3

1. a Explain in detail about Descriptive & Prescriptive Analytics.


b Difference between Predictive Analytics and Data Mining
2. a Write any two differences between Predictive Analytics, Predictive models and
Predictive algorithms
b Analyze the different methods of Prescriptive Analytics
3. a. Identify and Analyze common Management issues in Business Analytics
Implementation.
b. Explain the key techniques of Descriptive Analytics in Business Decision-Making.

4. a. Analyze the Challenges of managing change in Business Analytics.

b. Describe Nonlinear Optimization and its Applications in Prescriptive Modeling.

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