I am doing the "taste the test" and one of the questions does not provide enough context, and isn't a multiple answer question. From my understanding it is either of the 1st 2 options...
I am a Managed DT user, so I don't know the SaaS side of it, but from the documentation it appears to be fixed, while managed is configurable to 35 days. Am I missing something? Or is the question missing context?
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Data retention periods are visible in the following page:
In Managed you have a certain control in those periods. In SaaS, they are mostly fixed.
I agree that the question is not well addressed. If I had to reply, I would choose the one that applies to SaaS, #1.