ei08i2021 Business Metrics for Data Driven Companies Coursera Quiz Anewer[@Correct Answer] - Techno-RJ Techno-RJ Q Business Metrics for Data Driven Companies Coursera Quiz Answer [@ Correct Answer] July 16, 2021 by Techno-RJ Coursera for Data Driven Apply Now Hello Peers, Today we are going to share all week assessment and quizzes answers of Business Metrics for Data Driven Companies course launched by Coursera for totally free of cost . This is a certification course for every interested students. In case you didn’t find this course for free, then you can apply for financial ads to get this course for totally free. Checkout this article for - “How to Apply for Financial Ads?” Coursera, a India’s biggest learning platform which launched millions of free courses for students daily. These courses are from various recognized university, where industry experts and professors teaches in a very well manner and in a more understandable way. Here, you will find Business Metrics for Data Driven Companies Exam Answers in Bold Color which are given below. hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 4120‘1608/2021 Business Metrics for Data Driven Companies Coursera Quiz Answer [Correct Answer] - Techno-RJ These answers are updated recently and are 100% correct answers of all week, assessment and final exam answers of Business Metrics for Data Driven Companies from Coursera Free Certification Course. Use “Ctrl+F* To Find Any Questions Answer. & For Mobile User, You Just Need To Click On Three dots In Your Browser & You Will Get A “Find” Option There. Use These Option to Get Any Random Questions Answer. Apply Link - Business Metrics for Data Driven Companies Answer Week- 1: Business Metrics 1 Question 1 Which of the following is NOT an example of a business metric? 1 point Sales revenues for three brands of baby formula for a month The percentage of returning customers at a chain restaurant The New York State sales tax rate The average time visitors remain on the company's web site 2 Question 2 Which of the following business metrics is an example of a revenue metric? 1 point Percent defective items from an assembly line Rental prices of apartment leases by locations Average days inventory Customer satisfaction with a product 3. Question 3 Which of the following business metrics is an example of a profitability metric? 1 point hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 2120ei08i2021 Business Metrics for Data Driven Companies Coursera Quiz Anewer [Correct Answer] -Techno-RJ * The annual sales record of a company that makes phone apps * How many fresh baked cakes have to be thrown away at the end of the day unsold * A grocery store's tracking record of customers’ fish purchases * Total annual costs of goods sold of an office product store 4. Question 4 Which of the following business metrics is an example of a risk metric? 1 point The loss due to unsold fresh fruits each year at a grocery store Winter jacket sales during summer time Monthly negative cash flow for a start-up * Days inventory of computers in an electronics store 5. Question 5 Identify which category the following business metric belongs to: Units sales segmented by new and recurring customer 1 point © Revenue metric * Profitability metric * Risk metric 6 Question 6 The amount an airline spends on aviation fuel each month is what type of metric? 1 point * Revenue metric * Profitability metric © Risk metric hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer: Jorrectanswer! 320‘eroaco2s Business Meties for Data Driven Companies Coursera Quiz Answer {@#Comect Answer] -Techno-Rd 7. Question 7 An airline's daily flight from Phoenix to New York is usually full, except for flights on Tuesdays and Wednesdays. What is the first change the airline should try? 1 point Increase the number of flights per day on Mondays, Thursdays, Fridays, Saturdays and Sundays Make advertisements about traveling on Tuesdays and Wednesdays to encourage more people travel on these two days. Decrease flight crews on Tuesdays and Wednesdays. Offer discounts for Tuesday and Wednesday flights to customers. 8 Question 8 The case above (Question 7) is an example of a metric 1 point * Revenue * Profitability * Risk 9 Question 9 One online shopping business found that 20% of shoppers quit during the checkout process without buying anything. A good next step would be: 1 point * Add a small pop-up window on the checkout page with the texts “We are sorry if you are having trouble when checking out. We will fix it later.” * When the reason that shoppers are dropping out of an online checkout is unknown, concluding that shoppers don’t understand the process well enough, are having second thoughts because prices are too high, or are simply irritated and need an apology, would be nothing more than a guess. A much better approach is to determine the real factors influencing dropout rates. This can be done hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 420‘oroarz021 Business Mettcs for Data Driven Companies Coursera Quiz Answer [@#Gorrect Answer] -Techno-RJ through randomized experiments known as “A/B” Testing. © Shoppers are randomly assigned to one of two groups: a group using the current process, and a group where minor changes are made to the process which may improve customer retention. Changes that result in significant improvement are kept, and others discarded. The video, Revenue Metrics: Amazon.com as a Leading Example of the Use of Dynamic Metrics - Part 2 at 3:23-4:46 discusses Amazon as an example of the sophisticated use of A/B testing for revenue optimization. * Send those customers a letter, email, or text with detailed instructions on how to use the checkout feature. * Offer discounts to the 80% of customers who complete checkout as an encouragement for their patience. 10, Question 10 The average number of days inventory is held should be minimized for ALL of the following reasons EXCEPT 1 point * Some products will be wasted completely if they don’t get purchased by a certain time * Customers are frustrated if something they want is not in stock * It costs money to store the products * The longer a product stays in inventory, the less likely it will be purchased * The longer the negative float, the more interest a business has to pay " Question 11 What is the estimated days inventory of Company X based on the information below? Company X's annual report listed a year-end inventory of $35.4 million, and annual cost of goods sold of $137.9 million 1 point * 93.7 days hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 5120‘eronrz021 Business Meties for Data Driven Companies Coursera Guz Answer (@PCorect Answer - Techno-RU * 67.2 days * 3.9 days * 94.3 days 12. Question 12 A company sells its services “Net 60." If it delivers the goods and provides an invoice in March, when can the company expect to be paid? 1 point March April ° May © June July 13. Question 13 The primary reason Egger's Roast Coffee ran out of cash was: 1 point Rapid growth Inefficient production Unsold inventory Lack of innovation 14, Question 14 To be a best-seller on Amazon, your book needs to 1 point Be popular and have good reviews Be one of the 1,000 best-selling books on Amazon Be sold all over the world Be one of the top selling books in its Amazon topic subcategories 15, Question 15 hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 8120ei08i2021 Business Metrics for Data Driven Companies Coursera Quiz Anewer [Correct Answer] -Techno-RJ Amazon's “frequently bought with” feature 1 point Offers discounts if you buy two books Tells you how frequently the two books are bought together Is optimized to maximize Amazon's revenues Is customized for your search terms Week- 2: Working in the Business Data Analytics Marketplace 1 Question 1 Data Scientists most often enter into that position by: 1 point * Starting as a Business Analyst and gaining experience and additional technical skills on the job © Earning a doctorate degree in statistics or computer science * No experience other than an aptitude working with quantitative data is required * Earning a masters degree in data science 2 Question 2 Why is it important for Business Analysts to have "local knowledge” of business sectors? 1 point * Business Analyst typically work in a specific business sector, such as insurance, and every sector has specialized metrics developed for that sector. * Clients expect Business Analysts to be able to discuss their specific business environments in detail * Client provided data typically only contains “local knowledge” hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 7120ei08i2021 Business Metrics for Data Driven Companies Coursera Quiz Anewer [Correct Answer] -Techno-RJ * All of the above 3 Question 3 Why should a Business Data Analyst have SQL skills? 1 point * To retrieve data from different types of databases throughout the organization © To increase their efficiency and autonomy * To be able to combine data from multiple sources to create new data sets and answer new questions. * All of the above. 4 Question 4 True or False: "NONE of the nine skills required of all Business Data Analysts are part of the skills used regularly by the typical software engineer.” 1 point * False © True 5. Question 5 True or False: Strategic consulting firms with a software/systems integration focus often introduce the latest methods for achieving competitive advantage into a particular vertical market, such as retail pharmacies, which forces other companies in that vertical to use the same methods to stay competitive. 1 point © False © True hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer: Jorrectanswer! 120ye10812021 6. Question 6 Business Metics for Data Driven Companies Coursera Quiz Answer [@f Correct Answer] - Techno-RJ Hardware & software companies compete in a market that has a very unusual cost structure. This is because: 1 point * These types of companies derive their value from developing and delivering proprietary intellectual property. * They incur almost all their costs up front, before the first product is sold, while the incremental cost to create one more unit of the product is very low. * Ithas high variable costs and low fixed costs, * All of the above. 7 Question 7 Business Data Analyst Tiffany Yu advises that in order to learn to write SQL queries well enough to be able to start gathering information for yourself, you will need to prepare (study) for about: 1 point One Week One Month Six Weeks A University Semester Course 8 Question 8 of the five business types represented among US companies, Traditional Strategic Business Consulting firms are the least likely to hire software engineers and technical project managers. Why? 1 point * Strategic Business Consulting generally does not include developing or installing technology. hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer: Jorrectanswer! 12016/08/2021 Business Metrics for Data Driven Companies Coursera Quiz Answer [@# Correct Answer] - Techno-RJ * Strategic planning in the corporate world is critical to a firm's success + Analysts represent the largest single job type in these types of firms * These firms focus on ways to improve business processes, such as increasing revenues and reducing risk. 9 Question 9 Which other type of Company represents the biggest threat to “bricks and mortar” Companies? 1 point * Hardware and Software Companies * Business Consulting firms with an IT focus * Digital Companies * Traditional Strategic Business Consulting firms 10. Question 10 What software tool is Data Scientist Dai Li referring to, when he says, “Of course | also use [it]. It sounds like [it] is more nontechnical, but actually it is a very good tool. You can do a lot of data processing, data analysis, and data modeling if you are using [it] with very good efficiency.” 1 point Matlab Python Excel © sal a Question 11 The hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 1012016/08/2021 Business Metrics for Data Driven Companies Coursera Quiz Answer {{@f Correct Answer - Techno-RJ current world leader in market share for remote ("cloud-based”) hosting of other companies’ data and applications is: 1 point Microsoft IBM Google * Amazon 12. Question 12 For brick and mortar businesses to survive digital competition, the most important factor is: 1 point Does the company deliver its product or service as q Brand Awareness and customer loyalty Production efficiency ly as its online competitors? * Pricing 13, Question 13 The term “Point-of-sale customization” means: 1 point * Bricks-and-mortar companies are at a disadvantage because they can't track history as well as online companies © Every online customer is unique and therefore can and should be shown different prices and products elt is possible to attract new customers by using more customized incentives Jorrectanswer! 120 hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer:16/08/2021 Business Metrics for Data Driven Companies Coursera Quiz Answer [@# Correct Answer] - Techno-RJ * Targeting individual customers with coupons or other special offers when they visit a store, based on their past purchase history 14, Question 14 One survival strategy which will definitely NOT succeed for Barnes & Noble in its struggle with Amazon is: 1 point * Selling coffee, food, and non-book gift items * Converting Barnes and Noble into more of an exclusive literary club for paying members © Putting more resources into their web presence and online sales * Offering lectures, classes, and other social events related to books in its stores 15, Question 15 What is the primary difference in business model between the two Digital Companies Uber and Airbnb? 1 point * Uber transportation is only available in certain cities; Airbnb properties can be anywhere in the world * Uber is highly profitable; Airbnb is not. * Uber transportation is much less expensive than regular taxi service; Airbnb room prices are similar to traditional hotel rooms * Uber sets prices for drivers; Airbnb lets property owners set prices themselves. Week- 3: Going Deeper into Business Metrics Jorrectanswer! 12120 hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer:‘eroaco2s Business Meties for Data Driven Companies Coursera Guz Answer (@PCorect Answer - Techno-RU 1. Question 1 The “Sharpe Ratio” is: 1 point * Arevenue metric A risk metric A risk metric divided by a revenue metric * Arevenue metric divided by a risk metric 2 Question 2 Actual CPC, divided by the conversion rate, is the revenue metric: * Maximum Cost per Click-through * Quality Score * Ad Rank 3 Question 3 Which of the following as NOT a demographic for which one can purchase targeted advertising? 1 point Level of education Future Customer * Age Income Location by zip code Member of Vegetarian Interest Group Facebook page 4 Question 4 hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer-i¥ corect-answer! 13120‘oroarz021 Business Motes fr Data Driven Companies Coursera Quiz Answer [@#Comect Answer - Techna-RJ The metric referred to as an “organic link" tells us that a visitor to our site came from: 1 point © An unpaid listing of our website that was returned in a search result © Clicking on a link to our site in a blog post or article * Directly typed in the url address of our site * Asponsored link 5. Question 5 Some step in “search engine optimization” or SEO, are: (check all that apply) 1 point Make sure our content is current, substantive and directly relevant * Increase links to our website from all possible third-party websites © Get third-party websites with authoritative reputations and substantive * opinions to mention us and provide a link to our website * Increase our “social signal” by increasing our Facebook page “likes” and retweets 6 Question 6 The Internal Rate of Return must be used to calculate returns, when: 1 point * Cash is invested at several different times hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 14120ye10812021 7. Business Mettcs for Data Driven Companies Coursera Quiz Answer [@#Gorrect Answer] -Techno-RJ * There are several methods that can be used, but a single method is preferred © Itis necessary to compare two different rates of return © Itis necessary to annualize the rate of return Question 7 In finance, it is useful to know both the return, and the volatility of return, of an investment, because: 1 point 8. * Higher volatility leads to higher returns * Higher volatility leads to lower returns. * Volatility of returns is a measure of risk and avoiding risk is a fundamental aim of investing * Returns can always be increased through leverage (borrowing money to make a portion of the investment) but this increases volatility, so returns cannot be evaluated in isolation, absent knowledge of their accompanying volatility. Question 8 Why is relying upon the Life Time Value (LTV) of a customer when determining web ad spending potentially risky? 1 point hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer: * Life Time Value is a difficult metric to calculate accurately. * Life Time Value does not take into account the high negative cash flow associated with initial customer acquisition; cash that it may take years to recoup. * Life Time Value is a profitability metric, not a risk metric. * Life Time Value is only useful if the CPC divided by the conversion rate is less than the LTV. Jorrectanswer! 15120‘eroaco2s Business Meties for Data Driven Companies Coursera Quiz Answer {@#Comect Answer] -Techno-Rd 9. Question 9 In theory, an investor could generate any target return, simply by borrowing money to make a portion of the investment, and investing in an instrument that returns more than the risk-free rate. However, doing this would also: 1 point Require a more skilled manager Increase volatility of returns over the original instrument at the same rate that it increases excess returns. Inversely affect the discrete rate of return None of the above 10. Question 10 The “Expense Ratio” is a profitability/efficiency metric — the money spent on operating a passive fund, divided by the total market value of the fund assets. What expense associated with the fund is NOT included in the money spent operating the fund in calculating the expense ratio? 1 point * Costs incurred in fighting shareholder lawsuits against the fund managers * Brokerage fees the fund pays to buy and sell assets * Operating expenses associated with marketing the fund * The manager's performance bonus " Question 11 if active fund managers picked their portfolios from an Index “universe” at random, weighted them by relative market capitalization, and held them for a given time hitps:/technor,comPbusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 1612016/08/2021 Business Metrics for Data Driven Companies Coursera Quiz Answer [@# Correct Answer] - Techno-RJ interval, what percentage of managers would be expected to out-perform the Index return, before taking their fees into account? 1 point 10% 28% * 50% 80% 12. Question 12 Why is it considered undesirable for a fund manager to have a large tracking error? 1 point * Tracking error is a kind of risk metric - it implies wide variation from the appropriate benchmark * Tracking errors are closely correlated with decreased profit * Tracking errors are the standard deviation of “excess” returns, * None of the above 13, Question 13 What is the most established metric for evaluating Venture Capital and Private Equity Funds? 1 point Internal Rate of Return (IRR) Tracking Error Quality Score Positive cash flow 14, Question 14 Why would investors in hedge funds typically want performance that has low correlation to the major equity markets? hitps:/technor,combusiness-metrcs-fr-data-diven-companies-coursera-quiz-answer- if corect-answer! 17120ei08i2021 Business Metrics for Data Driven Companies Coursera Quiz Anewer [Correct Answer] -Techno-RJ 1 point They invest in many different types of assets, including options and derivatives They are typically permitted to structure a deal so that they make money when a stock goes down in price Investors like to see a strong linear trend in the log value of wealth in a fund Hedge fund investors typically also invest large amounts of capital in major equity markets, and target the highest possible risk-adjusted return on their combined portfolio. 15, Question 15 On what measures are Mutual Fund Managers primarily judged relative to their benchmark? 1 point * Excess return and tracking error * Maximum drawdown and tracking error * Linearity of log return and maximum drawdown * All of the above Week- 4 Peer-graded Assignment: Articulating Business Metrics in a Business Case Study Download Conclusion Hopefully, this article will be useful for you to find all the Modules and Final Quiz Answers of Business Metrics for Data Driven Companies Answer of Coursera and grab some premium knowledge with less effort. 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