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DA0-001 · Question #504

DA0-001 Question #504: Real Exam Question with Answer & Explanation

The correct answer is C: Percentage. Adding a column with percentage change in dollar value provides a clear and appropriate descriptive statistic for comparing revenue differences across monthly categories.

Data Analysis

Question

A management team wants another column added to the monthly categories revenue report that includes more appropriate descriptive statistics. Which of the following best describes the change in dollar value?

Options

  • AVariance
  • BRange
  • CPercentage
  • DStandard deviation

Explanation

Adding a column with percentage change in dollar value provides a clear and appropriate descriptive statistic for comparing revenue differences across monthly categories.

Topics

#Descriptive statistics#Business reporting#Percentage change#Data interpretation

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