What Do You Know About Predictive Science?

2.

How does the technology help you identify customers?

Customer feedback and interaction
Customer lifestyle
Customer personal information and interest
Paid surveys

Correct Answer

A. Customer feedback and interaction

Explanation

Customer feedback and interaction can help identify customers by providing valuable information about their preferences, needs, and behavior. By analyzing feedback and interactions, businesses can gain insights into customer demographics, interests, and purchasing patterns. This information can be used to create targeted marketing campaigns, personalized recommendations, and improve overall customer experience. Additionally, customer feedback and interaction can help identify potential issues or areas for improvement, allowing businesses to address them promptly and enhance customer satisfaction.

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3.

Which of the following should you do to gain more revenue?

Reaching and prioritizing new customers
Creating incentives for loyal customers
Searching for new products and inventions
Considering new offers, promos, and discounts

Correct Answer

A. Reaching and prioritizing new customers

Explanation

To gain more revenue, reaching and prioritizing new customers is essential. This means expanding the customer base by targeting and attracting new potential customers. By reaching out to new customers, businesses can increase their sales and generate more revenue. Prioritizing new customers also ensures that the business is constantly growing and not solely dependent on existing customers. This strategy helps in diversifying the customer base and reducing the risk of relying too heavily on a few loyal customers. Creating incentives for loyal customers and considering new offers, promos, and discounts are also important strategies, but they may not directly lead to gaining more revenue as compared to reaching new customers. Searching for new products and inventions can be beneficial in the long run, but it may not have an immediate impact on revenue generation.

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4.

When was the company founded?

2013
2014
2015
2016

Correct Answer

A. 2015

Explanation

The correct answer is 2015.

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5.

Where is the company located?

Germany
Canada
The United States
Japan
The United Kingdom

Correct Answer

A. The United States

Explanation

The company is located in the United States.

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6.

Which of these methods does Predictive Science never use to gather information?

Social media
Algorithms
Data sets
Permutations

Correct Answer

A. Social media

Explanation

Predictive Science never uses social media to gather information. While algorithms, data sets, and permutations are commonly used methods in Predictive Science to analyze and predict outcomes, social media is not a reliable source of data for this purpose. Social media platforms are often filled with biased and unverified information, making it unsuitable for accurate predictions. Therefore, Predictive Science relies on other methods such as algorithms, data sets, and permutations to gather information.

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7.

How does Predictive Science obtain unique data sets?

By focusing on specific industries
By using social media platforms
By relying on gathered big data
By using the API of different search engines

Correct Answer

A. By focusing on specific industries

Explanation

Predictive Science obtains unique data sets by focusing on specific industries. This means that they target and collect data specifically from certain sectors or fields, allowing them to gather more specialized and relevant information. By focusing on specific industries, Predictive Science can obtain data that is tailored to their needs and can be used to make accurate predictions and insights within those particular sectors.

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8.

How often does the company update data?

Based on the frequency at which the data changes
Based on how customer patronizes the company
Based on the traffic generated on the company's website
Based on the company's specific capability

Correct Answer

A. Based on the frequency at which the data changes

Explanation

The correct answer is "Based on the frequency at which the data changes." This means that the company updates its data based on how often the data is changing. If the data is constantly changing, the company will update it more frequently. This approach ensures that the company's data remains accurate and up-to-date.

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9.

Which of these is not used to access the company's data?

Python
PHP
Excel
SAS

Correct Answer

A. PHP

Explanation

PHP is not used to access the company's data. PHP is a server-side scripting language primarily used for web development, whereas Python, Excel, and SAS are commonly used for data analysis and manipulation.

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10.

Which of these services is rendered by the company?

Duplication of data
Transfer of data to another reliable source
Helping to monitor the operations of other competitors
Analyzing volumes of disparate data

Correct Answer

A. Analyzing volumes of disparate data

Explanation

The company provides the service of analyzing volumes of disparate data. This means they are able to gather and analyze large amounts of data from different sources that may be unrelated or varied in nature. This service helps the company gain insights and make informed decisions based on the analysis of this data.

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What Do You Know About Predictive Science?

Which of the following does the technology analyze to make the prediction?

How does the technology help you identify customers?

Which of the following should you do to gain more revenue?

When was the company founded?

Where is the company located?

Which of these methods does Predictive Science never use to gather information?

How does Predictive Science obtain unique data sets?

How often does the company update data?

Which of these is not used to access the company's data?

Which of these services is rendered by the company?