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9/14/22, 6:28 AM Assessment Review - Corporate Finance Institute

Corporate Finance Institute

Power BI Fundamentals Qualified Assessment

Below is a scored review of your assessment. All questions are shown.

Main Question Set

Correct Answer

Partially Correct

Incorrect Answer

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1 Getting Started - The Power BI Interface


As we navigate through Power BI, there are 4 main views or environments that we use to turn data into
dashboards.

For each of the following views or environments, match the name to the definition:

Power Query

Your Answer
Automate the import, manipulation and cleaning of data

Correct Answer
Automate the import, manipulation and cleaning of data

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The Model View

Your Answer
Define relationships, and filtering behavior between your tables

Correct Answer
Define relationships, and filtering behavior between your tables

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The Data View

Your Answer
Explore and understand the tabular data within your model

Correct Answer
Explore and understand the tabular data within your model

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The Report View

Your Answer
Build & customize our visuals & dashboards

Correct Answer
Build & customize our visuals & dashboards

Explanation
None.

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2 Importing Data - Nulls and Blanks


Missing, blank or null values can cause a lot of problems in Power BI, and in other business intelligence
tools. It’s important that you understand the difference between these concepts, and how to deal with
each of them.

Match the names to the definitions:

Nulls

Your Answer
Represents the absence of all data. No data has been collected or entered.

Correct Answer
Represents the absence of all data. No data has been collected or entered.

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Blanks

Your Answer
Represents a text string with zero characters. This zero length text string is considered a value.

Correct Answer
Represents a text string with zero characters. This zero length text string is considered a value.

Explanation
None.

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3 Importing Data - Handling Errors


We can often find errors in our data and need to deal with these errors in the most effective way
possible. This includes fixing the error now, but also ensuring an error won’t occur when the data is
refreshed later.

What happens when you click on the error link when your data is loaded?

Your Answer
A duplicate of your query is created in the Power Query editor, which is filtered to show only rows with
errors.

Correct Answer
A duplicate of your query is created in the Power Query editor, which is filtered to show only rows with
errors.

Explanation
None.

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4 Simple Visualizations - Basic DAX


Match the names to the definitions:

Iterative Formulas

Your Answer
Repeat a calculation for each row, before aggregating the results in some way.

Correct Answer
Repeat a calculation for each row, before aggregating the results in some way.

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Variables

Your Answer
Allow us to simplify formulas by temporarily saving important values.

Correct Answer
Allow us to simplify formulas by temporarily saving important values.

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Implicit Measures

Your Answer
Are created when we drag a table column into a visual. They should be avoided.

Correct Answer
Are created when we drag a table column into a visual. They should be avoided.

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Calculate Function

Your Answer
Allows us to manipulate the context of a measure.

Correct Answer
Allows us to manipulate the context of a measure.

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Explicit Measures

Your Answer
Allow us to define exactly how we want data to be summarized or aggregated.

Correct Answer
Allow us to define exactly how we want data to be summarized or aggregated.

Explanation
None.

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5 Simple Visualizations - Highlighting Key Messages


It’s not enough to come up with a great analysis. To add value to a business, we need to focus on
communicating those results in the most effective manner.

Why is conditional formatting so important when creating a dashboard?

Your Answer
It can help highlight key messages and trends of a dashboard

Correct Answer
It can help highlight key messages and trends of a dashboard

Explanation
None.

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6 Working with Dimensions - Relationships


Power BI, Power Pivot, and DAX more generally are built around the concept of data models. Data
models connect related tables of data using relationships. There are several relationship settings we can
modify, including related columns, cardinality, filter direction, and status.

Which of the following best describes the cardinality of a data model relationship?

Your Answer
Helps enforce the integrity of a data model by stating whether values should be unique in the matching
columns, or whether many duplicates can exist.

Correct Answer
Helps enforce the integrity of a data model by stating whether values should be unique in the matching
columns, or whether many duplicates can exist.

Explanation
None.

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7 Working with Dimensions - Slicers


Slicers are one of the simplest ways to filter a Power BI report.

When creating a slicer, what does the option edit interactions do?

Your Answer
It allows you to pick which visuals will change when the slicer value changes

Correct Answer
It allows you to pick which visuals will change when the slicer value changes

Explanation
None.

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8 The Date Dimension - Creating a List of Dates


Whilst it is strictly possible to do Time Intelligence without a date table, the date table makes this much
easier. In this course, the date dimension table was created in Power Query; but even within Power
Query, there are many different methods of doing this.

Open your Advanced Query Editor. Which of the following would correctly create a list of dates in the
Power Query Advanced Editor?

Your Answer
let
StartDate = Date.From("01/01/2017"),
EndDate = Date.From("12/31/2019"),
SourceDates = List.Dates(StartDate,Number.From(EndDate)-
Number.From(StartDate)+1,#duration(1,0,0,0))
in
SourceDates

Correct Answer
let
StartDate = Date.From("01/01/2017"),
EndDate = Date.From("12/31/2019"),
SourceDates = List.Dates(StartDate,Number.From(EndDate)-
Number.From(StartDate)+1,#duration(1,0,0,0))
in
SourceDates

Explanation
None.

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9 Advanced Visuals - Maps


Maps require a special kind of data, to help us visualize data on geographic areas.

What can we do to help Power BI interpret our map data correctly?

Your Answer
Ensure the data category for Geospatial Data is defined as explicit as possible.

Correct Answer
Ensure the data category for Geospatial Data is defined as explicit as possible.

Explanation
None.

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10 Advanced Visuals - Tooltips


Which of the following is true about tooltips? Select ALL that apply.

Your Answer
Tooltips help communicate supporting information, without cluttering our visuals.
Tooltips can be modified in the visualization pane.

Correct Answer
Tooltips help communicate supporting information, without cluttering our visuals.
Tooltips can be modified in the visualization pane.

Explanation
None.

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11 Advanced Techniques - CALCULATE


DAX gives us powerful formulas that help us create measures and manipulate context.

In the following visual, we have a list of products and product categories, which define the row context
of each data point in our visual. We also have a few metrics already populated. In the final column,
you can see total category sales.

Which of the following would correctly calculate the total category sales? Remember, the row context
for each row of the table already filters Product, and Category.

Your Answer
Sales_Total = CALCULATE( [Sales] , ALL( [Product] ) )

Correct Answer
Sales_Total = CALCULATE( [Sales] , ALL( [Product] ) )

Explanation
None.

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12 Advanced Techniques - CALCULATE


CALCULATE can be used in many ways to modify the context of a calculation. This includes using the
CALCULATE function in combination with other functions.

Match the combination of functions to the outcomes:

CALCULATE

Your Answer
Calculates the result of the measure in the current context

Correct Answer
Calculates the result of the measure in the current context

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CALCULATE with logical condition

Your Answer
Replaces the context of the chosen column

Correct Answer
Replaces the context of the chosen column

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CALCULATE with FILTER

Your Answer
Adds additional criteria to the measure context

Correct Answer
Adds additional criteria to the measure context

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CALCULATE with ALL

Your Answer
Removes filters applied to the specified column or table

Correct Answer
Removes filters applied to the specified column or table

Explanation
None.

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13 Advanced Techniques - CALCULATE


What would you expect the following formula to do?

CALCULATE( sum[Rent], filter( StoreDetails, StoreDetails[StoreID]=99 ) )

Your Answer
It adds a further condition to the filtered context. Specifically, it sums the rent of all stores with an ID of
99.

Correct Answer
It adds a further condition to the filtered context. Specifically, it sums the rent of all stores with an ID of
99.

Explanation
None.

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14 Advanced Techniques - Bookmarks


In this course, you learned how to use bookmarks to add interactivity to dashboards.

Which of the following can bookmarks help your users to do?

Your Answer
Reset the report filters
Navigate to another report page
Navigate to another report page with a predefined set of filters

Correct Answer
Reset the report filters
Navigate to another report page
Navigate to another report page with a predefined set of filters

Explanation
None.

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15 Working with Others - Sharing Reports


How can you share your report with others?

Your Answer
By logging in to a free account and using the share report function

Correct Answer
By logging in to a free account and using the share report function

Explanation
None.

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