IIBA Exam CBDA Topic 4 Question 27 Discussion

Actual exam question for IIBA's CBDA exam

Question #: 27
Topic #: 4

[All CBDA Questions]

The research study is complete, the data has been analyzed and the team has created the necessary high impact visuals. The business analysis professional urges the team to:

APresent the results to stakeholders

BValidate regression analysis

CCurate the data

DDevelop the narrative
Explanation:
Developing the narrative is the process of creating a clear, concise, and compelling story that communicates the key insights, findings, and recommendations from the data analysis to the stakeholders1.Developing the narrative is an important step after completing the research study, the data analysis, and the high impact visuals, as it helps to bridge the gap between the data and the decision-making, to engage and persuade the audience, and to drive action and change2.Developing the narrative involves defining the purpose, audience, and message of the story, choosing the best format and medium to deliver the story, and using effective storytelling techniques, such as structure, context, emotion, and call to action3.
Presenting the results to stakeholders is the process of delivering the data story to the intended audience, using the appropriate communication channels, methods, and tools4. Presenting the results to stakeholders is a subsequent step after developing the narrative, as it requires a well-crafted and well-prepared data story to be effective and impactful.Presenting the results to stakeholders involves planning and rehearsing the presentation, adapting to the feedback and questions, and evaluating the outcomes and impacts of the presentation5.
Validating regression analysis is the process of checking the assumptions, accuracy, and suitability of a statistical model that estimates the relationship between one or more independent variables and a dependent variable. Validating regression analysis is a part of the data analysis step, not a step after completing the data analysis. Validating regression analysis involves testing the significance, fit, and residuals of the model, and comparing the model with alternative models or methods.
Curating the data is the process of organizing, annotating, and preserving the data for future use, reuse, or sharing. Curating the data is a part of the data management step, not a step after completing the data analysis.Curating the data involves applying the data policies, standards, and best practices of the organization, and ensuring the quality, integrity, security, and accessibility of the data.

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Suggested Answer: D

by Lorenza at Nov 13, 2024, 12:26 PM

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Validating the regression analysis? Pfft, that's for the data nerds. Let's focus on the storytelling and wowing the stakeholders. They don't care about the math, they want the big picture!

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5 months ago

Presenting the results to stakeholders is the obvious choice. That's the whole point of the data analysis, right? We can't just keep the insights to ourselves.

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