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DA0-001 · Question #324

An analyst wants to check the progress and performance regarding the number of customers an organization served in the last six years. Which of the following represents the type of analysis the…

The correct answer is B. Trend analysis. To check the progress and performance of customer numbers over the last six years, an analyst should perform trend analysis. This type of analysis examines historical data to identify patterns, directions, and changes over time, helping to forecast future performance.

Data Analysis

Question

An analyst wants to check the progress and performance regarding the number of customers an organization served in the last six years. Which of the following represents the type of analysis the analyst should perform?

Options

  • ACorrelation analysis
  • BTrend analysis
  • CRegression analysis
  • DDescriptive analysis

How the community answered

(46 responses)
  • A
    4% (2)
  • B
    93% (43)
  • C
    2% (1)

Why each option

To check the progress and performance of customer numbers over the last six years, an analyst should perform trend analysis. This type of analysis examines historical data to identify patterns, directions, and changes over time, helping to forecast future performance.

ACorrelation analysis

Correlation analysis measures the strength and direction of a linear relationship between two variables, not the progression of a single variable over time.

BTrend analysisCorrect

Trend analysis is the most appropriate type of analysis for examining progress and performance over time, such as the number of customers served over six years. It involves looking for patterns, directions, and changes in data series to understand historical behavior and predict future outcomes.

CRegression analysis

Regression analysis models the relationship between a dependent variable and one or more independent variables, primarily for prediction or forecasting based on other factors, not simply observing a single variable's change over time for progress.

DDescriptive analysis

Descriptive analysis summarizes the main characteristics of a dataset (e.g., mean, median, standard deviation) but does not specifically focus on examining changes or patterns over a time series to assess progress.

Concept tested: Time series analysis - Trend analysis

Source: https://learn.microsoft.com/power-bi/transform-model/desktop-analysis-overview#trend-analysis

Topics

#Trend analysis#Data analysis types#Performance tracking

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