Good analytical skills are necessary for deciphering large amounts of data and transforming it into

actionable information to make the right decisions to boost company profits. Gathering data and
mastering statistical and analytical tools for data extraction and interpretation are also essential and
require professionals knowledgeable in database management, data queries, coding data, drawing
inferences, applying scientific methods to gathering data, quantitative analysis, SQL programming,
establishing benchmarks, identifying and measuring correlations, classifying data and strategic planning.

key elements of BI, including query generation, data mining, data modeling (including fact tables) and
analysis, creation of dashboards and visualization charts, and production of analytics reports. Make sure
you are up-to-speed on recent and emerging developments in the field.

It might also be worth distinguishing between business intelligence and data science, a different but closely related
data analytics field. According to Dataversity: "While BI helps interpret past data, data science can analyze the past
data (trends or patterns) to make future predictions

Business intelligence tools can help organizations:

 Improve decision-making with data-driven insights

 Identify market trends

 Identify weak points in their business operations

 Increase efficiency of operations and internal processes

 Gain advantages over market competitors

 "benchmarking," and why is it important?

 Benchmarking refers to the evaluation and comparison of an organization's business processes

to those of its competitors. These insights will help the organization establish standards and
improvements its business performance. BI analysts would study processes and metrics such as

product development and manufacturing procedures.



What is OLAP, and why is it important?

This question tests your familiarity with a particular business intelligence term. Interviewers ask questions about
terms to see if you are able to define them properly and to find out whether you have the necessary education. When
asked about a term, first thoroughly explain what it means and then why it is valuable to your role as a business
intelligence analyst.

Example: "OLAP stands for online analytical processing, and it's essential because it simplifies data collection.
People often use a labeled cube with business details, such as products and retail locations, to represent OLAP.
This cube is known as the hypercube. OLAP recognizes the multiple perspectives involved in a business. I use OLAP
when examining how a business performed on both the customer's and the salesperson's side."

Explain the Fact and Dimension table with an example.

Answer:

A Fact table is the center table in the star schema of a data warehouse. It was actually holding quantitative
information for analysis, and maximum time it de-normalized.

A dimension table is one of the important tables in a data warehouse’s star schema, which stores attribute, or
dimension, that describe the objects in a fact table.