What is ANALYTICS?
Oliveboard’s online study platform uses ‘analytics’ to help you optimize your preparation for various banking and MBA exams. By definition, it is the systematic examination of data or statistics to observe patterns and derive meaningful insights.
Table of Contents
Why is ANALYTICS needed?
In the context of exam preparation, ANALYTICS can play a key role in giving you an edge over your competitors. Here is how:
- gives your national standing (percentiles) and helps you assess your competition
- identifies your weak areas and helps you improve
- measures your progress
- provides data driven insights to accelerate your exam preparation
It is well known that most of the competitive exams, be it banking exams like IBPS PO, SBI PO or MBA entrance exams such as IIFT, NMAT, XAT, CAT etc, are tests of speed and accuracy.
Effective preparation for these exams, thus involves three basic steps:
- Build Your Basics (Sectional Tests)
- Take Mock Tests
- Analyse Your Performance and Improve
While most aspirants complete the first and second steps, they ignore the third and the most important part, which is – ANALYSIS. The importance of knowing one’s strengths and weaknesses in a competitive exam, is immense and can be done only by analysing the questions/topics where one is slow/weak. Most students don’t know how to effectively analyse a mock test. And this is where Analytics or Oliveboard’s Adaptive Engine feature comes in handy.
What is Oliveboard’s Adaptive Engine?
Oliveboard’s online study platform comes with many interesting features like:
- Group Study
- Study Planner
- Unlimited Practice Questions
- Study anytime, anywhere
And one of these features is the Adaptive Engine.
Based on performance data, it figures out the top three areas that you need to work on the most, and gives you lessons (to brush up concepts) and tests on these topics.
And, how to study smarter using Oliveboard’s Adaptive Engine?
1) Attempt a mock test on Oliveboard.
2) Review all the questions:
- Correct: Quickly review the questions you got correct and check if there were better approaches to the one you adopted.
- Un-attempted (Attempt them): Click on “Review Unattempted” and this allows you to attempt all the ones left unanswered.
- Wrong: Click on “Review Wrong” and this takes you through solutions of only the wrong attempts. These are questions on which you spent a lot of time, yet got it wrong. Find where your concept or approach went wrong.
4) Once you are done with the above mentioned steps, click on the “WEAK AREAS“ chart next to each test and you will get a chart like the one below.
5) Go through the chart to find out your:
- Strong Topics: types of questions which you should attempt first in every section
- Slow but Accurate Topics: topics where you are good but can improve speed
- Absolutely Weak Topics: types of questions/topics which you should attempt only if you have time
6) Take tests on your Weak Areas: After each mock test, find new lessons + tests on your weak areas by visiting the ‘IMPROVE’ section.
7) Analyze Graphs: These are detailed reports on your time spent & accuracy section-wise, along with benchmarking reports on your score and percentile. Use these to better improve your time management and question selection within sections.
For analyzing your exam strategy, click on the ‘ANALYSIS’ button next to the corresponding Mock Test.
To summarise, it is better to take a fewer tests followed by a thorough analysis and corrective action for improvement. And the best way of doing it is by adopting a scientific and data driven approach, which is what analytics is all about.
Click here to take the free test & identify your weak areas.
The most comprehensive online preparation portal for MBA, Banking and Government exams. Explore a range of mock tests and study material at www.oliveboard.in
Oliveboard Live Courses & Mock Test Series