Precision Business Insights Interview Questions and Answers

Q1. Primary and Secondary research
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A topic was assigned and was asked to write about the topic in business angle

Q1. What is Market Research
Ans. 
Market research is the process of gathering and analyzing information about a market, product or service.
• It involves collecting data about customers, competitors, and industry trends.

• It helps businesses make informed decisions about product development, pricing, and marketing strategies.

• Examples include surveys, focus groups, and data analysis.

• Market research can be conducted through primary or secondary sources.

• It is ...read more
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Q2. Why do you think its necessary
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Q3. What is analytics? Necessity of it
Ans. 
Analytics is the process of using data and statistical analysis to gain insights and make informed decisions.
• Analytics involves collecting, processing, and analyzing data to identify patterns and trends.

• It helps businesses make data-driven decisions and improve their performance.

• Examples of analytics include predictive modeling, data visualization, and business intelligence tools.

• Analytics is used in various industries...read more
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Q4. How do you know analytics is right field for you
Ans. 
Analytics is the perfect blend of my skills and interests.
• I have always been interested in data analysis and statistics

• I enjoy problem-solving and finding insights from data

• I have experience in using tools like Excel, SQL, and Tableau

• I have taken courses in data analytics and have enjoyed them

• I have a natural curiosity and enjoy learning about new trends and patterns in data
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Q1. Bond, salary, work timings, job responsibilities etc
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