Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Qlik Exam QSBA2024 Topic 4 Question 7 Discussion

Actual exam question for Qlik's QSBA2024 exam
Question #: 7
Topic #: 4
[All QSBA2024 Questions]

The sales manager is investigating the relationship between Sales and Margin to determine if this relationship is linear when choosing the dimension Customer or Product Category.

The sales manager wants to have the potential percentage Sales for each Stage (Initial to Won) of the sales process.

Which visualizations will meet these requirements?

Show Suggested Answer Hide Answer
Suggested Answer: B

For analyzing the relationship between Sales and Margin, a scatter plot is ideal, as it allows you to visualize the relationship between two measures (Sales and Margin) across various dimensions such as Customer or Product Category. The funnel chart is perfect for visualizing stages in a sales process, as it shows how sales progress from the initial stage to the final (Won) stage, with the width of each segment representing the total sales for each stage.

Key Concepts:

Scatter Plot: This type of chart is specifically designed to visualize the correlation or relationship between two measures, making it ideal for analyzing Sales versus Margin across different dimensions.

Funnel Chart: This chart is particularly suited for visualizing the sales stages, as it visually demonstrates the proportion of sales moving through each stage of the sales funnel.

Why the Other Options Are Less Suitable:

A . Scatter plot and Bar chart: While a scatter plot is correct for analyzing Sales and Margin, a bar chart won't adequately represent the different stages of the sales process as effectively as a funnel chart.

C . Combo chart and Pie chart: A combo chart could potentially work, but it would not show the relationship between Sales and Margin as clearly as a scatter plot. A pie chart is also less effective for representing stages in a sales funnel.

D . Distribution plot and Bar chart: A distribution plot does not effectively show the relationship between two measures, and a bar chart isn't the best choice for visualizing the stages of a sales process.

References for Qlik Sense Business Analyst:

Scatter Plot for Relationships: This chart type is highly recommended when exploring relationships between two continuous variables, such as Sales and Margin.

Funnel Charts: These are ideal for visualizing how data moves through various stages of a process, such as sales stages, from initial engagement to final sale.

Therefore, the combination of a scatter plot and a funnel chart provides the best solution, making B the correct answer.


by Annmarie at Nov 19, 2024, 03:14 AM

Limited Time Offer

25%

Off

Get Premium QSBA2024 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Chauncey
3 months ago
Wait, is this a trick question? What, no option for a good old-fashioned line graph? That's the real bread and butter of sales analysis, if you ask me.
upvoted 0 times
...
Melita
3 months ago
Distribution plot, eh? Sounds like someone's been watching too many statistics tutorials. Option D might be the nerd's choice, but hey, at least they're thinking outside the box.
upvoted 0 times
Janey
1 months ago
True, both Option A and Option B could be good choices depending on what we're looking for.
upvoted 0 times
...
Shenika
2 months ago
I see your point. But I think Option B with the scatter plot and funnel chart could also work well.
upvoted 0 times
...
Zack
2 months ago
Yeah, I agree. I think Option A with the scatter plot and bar chart would be more straightforward.
upvoted 0 times
...
Kallie
2 months ago
I think Option D is a bit too complicated for what we need.
upvoted 0 times
...
...
Ming
3 months ago
A combo chart? That's ambitious! I wonder if it'll end up looking like a hot mess, but hey, sometimes you gotta get creative. Option C is a bold move, I'll give it that.
upvoted 0 times
...
Bette
3 months ago
Hmm, a funnel chart for the sales process stages? That's an interesting choice. I wonder if it'll give us a clearer picture than a simple bar chart. Option B might be worth considering.
upvoted 0 times
Lucia
3 months ago
Yes, option B with the scatter plot for Sales and Margin and the funnel chart for the stages seems like a good choice.
upvoted 0 times
...
Winifred
3 months ago
I agree, a funnel chart could provide a more visual representation of the sales process stages.
upvoted 0 times
...
...
Iesha
3 months ago
That's a good point, but I still think option A is better for analyzing the linear relationship between Sales and Margin.
upvoted 0 times
...
Maurine
4 months ago
Ooh, a scatter plot and a bar chart - those are classic choices for visualizing sales and margin data. I'd go with option A, it seems to cover all the requirements.
upvoted 0 times
Toshia
3 months ago
I think the sales manager will be happy with the potential percentage Sales for each Stage using option A.
upvoted 0 times
...
Nettie
3 months ago
Scatter plots and bar charts are definitely classic choices for this type of analysis.
upvoted 0 times
...
Jody
3 months ago
I agree, option A seems like the best choice for visualizing the relationship between Sales and Margin.
upvoted 0 times
...
...
Merissa
4 months ago
I disagree, I believe option B is more suitable as a funnel chart can clearly display the different stages of the sales process.
upvoted 0 times
...
Iesha
4 months ago
I think option A is the best choice because a scatter plot can show the relationship between Sales and Margin effectively.
upvoted 0 times
...

Save Cancel