Question 11 · 365 in bank
A company’s human resources department has asked a data analyst to categorize the income of all employees into five salary bands:
Which of the following types of functions would be the most appropriate to use?
Show answer
Answer: C
Explanation
C. Logical functions are the most appropriate to use for categorizing data into bands, because they allow the data analyst to apply conditional statements and criteria to the data values. For example, the IF function can be used to assign a band name based on whether a value meets a certain condition or not. Other logical functions that can be useful for categorizing data are AND, OR, NOT, and IFERROR12.
Source: Adapted from community discussion — Swift_and_Quick