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Business Data Analytics (CBDA) - IIBA Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
152 Total Questions
1
Question
A data scientist is performing statistical analysis and is interested in graphically depicting the data set according to the associated quartiles Minimum, First Quartile, Median, Second Quartile, Third Quartile. Which technique would allow for the display of this statistical five number summary?
Options
A Multivariate histogram
B Box plot
C Gaussian distribution
D Scatter plot
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2
Question
A 3rd party is marketing an application for financial institutions to use for credit scoring. This application is an example of what type of analytics?
Options
A Exploratory
B Inferential
C Descriptive analytics
D Prescriptive analytics
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3
Question
After analyzing sales data, the analytics team finds that the older the customer, the more expensive the neckties purchased. The team felt this was a breakthrough insight but on closer analysis realized that other factors could account for this relationship. This is a clear indication that:
Options
A Causation between variables does not imply correlation
B Correlation between variables does not imply causation
C Correlation between variables implies causation
D Causation has no relationship with correlation
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4
Question
While creating a dataset for analysis, the analyst reviews the data collected and finds a large
percentage of records are missing values. Which activity would the analyst perform in order to use this dataset?
Options
A Weighting
B Factor analysis
C Scale validation
D Clustering
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5
Question
A financial software company has growth and expansion as one of their top strategic priorities for the year. The senior executive team would like to assess their sales performance over the last 3 years to help set sales objectives. In discussion with the business analytics manager, for a comprehensive sales report, the sales lead recommends looking into the number of contracts signed over the past 3 years and the dollar value for the signed contracts. Which other question is important to consider

when evaluating sales performance?
Options
A What is the number of customers retained over the past 3 years?
B What is the average time for conversion?
C What is the total cost incurred per year?
D What is the time to market the software?
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