Certificate in Business Data Analytics (CBDA) — Question 12

The results of the data analytics work led to some clear and strongly supported outcomes and the analytics team is very confident in their recommendations; particularly given that the payback on the required changes are a short 3 months. However, there is concern because the organization operates in a highly regulated environment and some new regulatory changes are being considered with announcements and implementation in the next 6 months.
Under these conditions the team decides to:

Answer options

• A. Postpone recommendations for 6 months until the announcements are made
• B. Recommend no action be taken at this time and revisit in 6 months
• C. Identify and carefully document assumptions for their recommendation
• D. Reassess their results to ensure their validity and then decide what to do

Correct answer: C

Explanation

The correct answer is C because documenting assumptions helps provide clarity and context for the recommendations in light of potential regulatory changes. Options A and B suggest postponing action without addressing the current situation, which could delay necessary improvements. Option D, while considering reassessment, does not specifically address the need to document assumptions, which is crucial in a regulated environment.