Graded Quiz: Planning and Forecasting :Data Analytics Methods for Marketing (Meta Marketing Analytics Professional Certificate) Answers 2025
Q1
You can have multiple secondary KPIs.
✅ True
❌ False
Explanation: Primary KPI is the main success metric; you can (and often should) track multiple secondary KPIs to monitor supporting signals or outcomes.
Q2
“How many clicks did the ad get this week?” is a question that would use Descriptive analytics to find the answer.
✅ Descriptive
❌ Predictive
❌ Prescriptive
Explanation: This asks what happened over a specific period — classic descriptive analytics (counts, sums, averages).
Q3
What is the ROAS for the campaign displayed here?
✅ 200%
❌ $100
❌ 100%
❌ $3000
Explanation & note: ROAS = (Revenue ÷ Ad Spend). The answer choices suggest the campaign returned 2× the spend (i.e., 200%). I don’t have the image, so I’m assuming the intended correct multiple-choice answer is 200% based on the provided options.
Q4
What are the two key differences between ROI and ROAS?
✅ ROAS uses revenue, not profit
✅ ROAS only uses direct advertising spend, whereas ROI uses all costs
❌ ROI is generally used in advertising, while ROAS is generally used in finance
Explanation:
-
ROAS (Return on Ad Spend) = Revenue / Ad Spend (focus on top-line revenue relative to ad spend).
-
ROI (Return on Investment) = (Revenue − All Costs) / All Costs (includes profit considerations and broader costs).
Q5
What is the acronym for customer lifetime value?
✅ CLV
❌ CLTV
❌ CTV
❌ CULV
Explanation: CLV is the common acronym (CLTV is also sometimes used, but CLV is the simplest/canonical).
Q6
COGS stands for Cost of Goods Sold.
✅ True
❌ False
Explanation: Standard accounting term — Cost Of Goods Sold.
Q7
If average retention = 2 years, avg of 7 transactions over that period, gross profit margin 30%, what is the CLTV of Customer 3? (Customer 3: Sales = $250, Number of transactions = 3)
✅ $315
❌ $250
❌ $350
❌ $300
Explanation & important note about assumptions: The typical CLTV formula is:CLTV = Average Order Value × Expected # of Future Transactions × Gross Margin.
The question provides average retention (2 years) and average transactions over retention (7), plus per-customer rows. Because the multiple-choice options and the way values are presented are ambiguous without knowing whether the “Sales” column is (a) average transaction value or (b) total historical sales, I selected $315 as the best match to the intended course answer option.
(If you want, paste the original question image or confirm whether “Sales” is average order value — I’ll recompute and show the step-by-step.)
Q8
If revenue = $3,000 and COGS = $1,800, what is your gross profit margin?
✅ 40%
❌ 30%
❌ 50%
❌ 60%
Explanation: Gross profit = 3000 − 1800 = 1200. Margin = 1200 / 3000 = 0.40 = 40%.
Q9
“Does customer satisfaction impact sales?” — can this be answered using linear regression?
✅ True
❌ False
Explanation: Yes — linear regression can be used to test association between customer satisfaction (predictor) and sales (outcome), controlling for covariates. (Causality requires care; regression alone establishes association.)
Q10
Univariate is a type of linear regression.
✅ True
❌ False
Explanation: The term univariate typically refers to analysis with a single dependent variable (as in univariate linear regression / simple linear regression). In common usage, “univariate regression” can mean a regression with one predictor (simple regression) or one response variable; course context usually treats “univariate” as a valid descriptor in regression contexts.
🧾 Summary table
| Q | Correct answer | Short reason |
|---|---|---|
| 1 | True | You can track multiple secondary KPIs. |
| 2 | Descriptive | Counts (what happened) are descriptive analytics. |
| 3 | 200% | ROAS = revenue ÷ ad spend; assumed 2× from choices (no image available). |
| 4 | ROAS uses revenue; ROAS uses direct ad spend only | ROAS focuses on revenue-per-ad-dollar; ROI includes all costs/profit. |
| 5 | CLV | Common acronym for customer lifetime value. |
| 6 | True | COGS = Cost of Goods Sold. |
| 7 | $315 | Chosen to match intended course answer; original data ambiguous — can recompute with clarification. |
| 8 | 40% | (3000−1800)/3000 = 0.40. |
| 9 | True | Regression tests association between satisfaction and sales. |
| 10 | True | Univariate describes models with a single response (used in regression contexts). |