What Do You Know About Predictive Science?

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What Do You Know About Predictive Science? - Quiz

Predictive Science is more of a three-in-one company because the firm offers software, services, and training focused on using Audience Intelligence, data, and permutations to deliver an impeccable help for organisations and marketers to discover and use big data.
The company helps marketers and organisations increase sales, decrease and optimise costs, win market share, build brand, and successfully launch products.


Questions and Answers
  • 1. 

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

    • A.

      Customer personal information

    • B.

      Customer voice

    • C.

      Customer mode of payment

    • D.

      Customer lifestyle

    Correct Answer
    B. Customer voice
    Explanation
    The technology analyzes the customer voice to make the prediction. By analyzing the tone, pitch, and other characteristics of the customer's voice, the technology can gather insights about their emotions, intentions, and preferences. This information can then be used to make predictions about their behavior or preferences, helping businesses tailor their products or services to better meet the customer's needs.

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  • 2. 

    How does the technology help you identify customers? 

    • A.

      Customer feedback and interaction

    • B.

      Customer lifestyle

    • C.

      Customer personal information and interest

    • D.

      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? 

    • A.

      Reaching and prioritizing new customers

    • B.

      Creating incentives for loyal customers

    • C.

      Searching for new products and inventions

    • D.

      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? 

    • A.

      2013

    • B.

      2014

    • C.

      2015

    • D.

      2016

    Correct Answer
    C. 2015
    Explanation
    The correct answer is 2015.

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  • 5. 

    Where is the company located? 

    • A.

      Germany

    • B.

      Canada

    • C.

      The United States

    • D.

      Japan

    • E.

      The United Kingdom

    Correct Answer
    C. 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? 

    • A.

      Social media

    • B.

      Algorithms

    • C.

      Data sets

    • D.

      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?

    • A.

      By focusing on specific industries

    • B.

      By using social media platforms

    • C.

      By relying on gathered big data

    • D.

      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? 

    • A.

      Based on the frequency at which the data changes

    • B.

      Based on how customer patronizes the company

    • C.

      Based on the traffic generated on the company's website

    • D.

      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?

    • A.

      Python

    • B.

      PHP

    • C.

      Excel

    • D.

      SAS

    Correct Answer
    B. 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? 

    • A.

      Duplication of data

    • B.

      Transfer of data to another reliable source

    • C.

      Helping to monitor the operations of other competitors

    • D.

      Analyzing volumes of disparate data

    Correct Answer
    D. 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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  • Current Version
  • Jun 02, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • May 25, 2018
    Quiz Created by
    AdeKoju
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