Quiz: Analysing Data to Support Decisions
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about presenting and interpreting business data, let's test your knowledge of analysing data to support decisions!
Which of the following is the purpose of analysing data in business?
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Which of the following are key benefits of analysing data? (Select all that apply)
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A {{blank0}} chart is best for showing trends over time, while a {{blank1}} chart is ideal for comparing proportions.
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Match the items on the left with their correct pairs on the right
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A business has total revenue of £20,000 and total costs of £15,000. What is the profit?
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Which of these is NOT considered a limitation of data analysis?
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The {{blank0}} average is calculated by adding all values and dividing by the total number of values.
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Match the items on the left with their correct pairs on the right
Which of the following are steps in analysing data to support decisions? (Select all that apply)
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What is the key purpose of using data visualisation tools like graphs and charts?
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