BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In analytics, the numerical values ​​generated in one or several business operations or transactions (for example: total sales, total costs, total payments) that are later analyzed are called:
A
dimensions
B
financial statements
C
metrics
D
balances
Explanation: 

Detailed explanation-1: -In the first part of this blog post series on metrics, we’ve reviewed the four types of Prometheus metrics: counters, gauges, histograms, and summaries.

Detailed explanation-2: -Metrics are quantitative measurements. The metric Sessions is the total number of sessions. The metric Pages/Session is the average number of pages viewed per session. The tables in most Analytics reports organize dimension values into rows, and metrics into columns.

Detailed explanation-3: -Business metrics, or Key Performance Indicators (KPI’s), helps in making a successful business and product launch, marketing promotions, making sales and planning for the future. Numerous business metrics can be tracked but the metrics selection depends on your business type, industry, and business goals.

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