Filters
Question type
Study Flashcards

What determines values for an unknown continuous variable behavior or estimated future value?


A) Classification
B) Estimation analysis
C) Affinity grouping
D) Clustering

E) B) and C)
F) A) and B)

Correct Answer

verifed

verified

What move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more?


A) Informing
B) Infographics
C) Data visualization tools
D) Business intelligence dashboards

E) A) and B)
F) All of the above

Correct Answer

verifed

verified

Volume includes the scale of data.

A) True
B) False

Correct Answer

verifed

verified

What are the two main objectives associated with data mining?


A) Uncovering tactics and plans
B) Uncovering trends and patterns
C) Uncovering intelligence and unstructured data issues
D) Uncovering competitors and market advantages

E) A) and C)
F) None of the above

Correct Answer

verifed

verified

What is the application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value?


A) Fast data
B) Outlier
C) Analysis paralysis
D) Cube

E) B) and C)
F) B) and D)

Correct Answer

verifed

verified

Optimization is a statistical process for estimating the relationships among variables.

A) True
B) False

Correct Answer

verifed

verified

Infographics (information graphics) display information graphically so it can be easily understood.

A) True
B) False

Correct Answer

verifed

verified

What is regression?


A) A statement about what will happen or might happen in the future such as future sales or employee turnover
B) A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste
C) Predictions based on time-series information
D) A statistical process for estimating the relationships among variables

E) A) and B)
F) B) and D)

Correct Answer

verifed

verified

What is fast data?


A) Processes and manages algorithms across many machines in a computing environment
B) A data value that is numerically distant from most of the other data points in a set of data
C) Occurs when the user goes into an emotional state of over-analysis (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome
D) The application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value

E) B) and C)
F) None of the above

Correct Answer

verifed

verified

Prediction is a statement about what will happen or might happen in the future such as future sales or employee turnover.

A) True
B) False

Correct Answer

verifed

verified

What is distributed computing?


A) Processes and manages algorithms across many machines in a computing environment
B) Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization
C) Occurs when the user goes into an emotional state of over-analyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome
D) A business analytics specialist who uses visual tools to help people understand complex data

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

Distributed computing focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.

A) True
B) False

Correct Answer

verifed

verified

Which of the following use a variety of techniques to find patterns and relationships in large volumes of information that predict future behavior and guide decision making?


A) Data analysis tools
B) Electronic analysis tools
C) Data-mining tools
D) Data integrity tools

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

Affinity grouping analysis reveals the relationship between variables along with the nature and frequency of the relationship.

A) True
B) False

Correct Answer

verifed

verified

In terms of big data, what is volume?


A) Different forms of structured and unstructured data
B) Uncertainty of data, including biases, noise, and abnormalities
C) Scale of data
D) Analysis of streaming data as it travels around the Internet

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

Association detection occurs when the user goes into an emotional state of over-analyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

A) True
B) False

Correct Answer

verifed

verified

What displays information graphically so it can be easily understood?


A) Informing
B) Infographics
C) Data visualization
D) Business intelligence dashboards

E) B) and C)
F) C) and D)

Correct Answer

verifed

verified

What can help uncover correlations and trends in data that would otherwise go unrecognized?


A) Informing
B) Infographics
C) Data visualization tools
D) Business intelligence dashboards

E) B) and C)
F) A) and C)

Correct Answer

verifed

verified

Speech analytics is the process of analyzing recorded calls to gather information. It brings structure to customer interactions and exposes information buried in customer contact center interactions with an enterprise.

A) True
B) False

Correct Answer

verifed

verified

Which of the following forms of data mining assigns records to one of a predefined set of classes?


A) Clustering analysis
B) Classification analysis
C) Estimation analysis
D) Affinity grouping analysis

E) A) and D)
F) None of the above

Correct Answer

verifed

verified

Showing 21 - 40 of 125

Related Exams

Exam 1

Business Driven Technology

249 Questions

Exam 2

Identifying Competitive Advantages

206 Questions

Exam 3

Strategic Initiatives for Implementing Competitive Advantages

71 Questions

Exam 4

Measuring the Success of Strategic Initiatives

142 Questions

Exam 5

Organizational Structures That Support Strategic Initiatives

132 Questions

Exam 6

Valuing and Storing Organizational Informationdatabases

267 Questions

Exam 7

Accessing Organizational Informationdata Warehouses

118 Questions

Exam 9

Enabling the Organizationdecision Making

205 Questions

Exam 10

Extending the Organizationsupply Chain Management

150 Questions

Exam 11

Building a Customer-Centric Organizationcustomer Relationship Management

86 Questions

Exam 12

Integrating the Organization From End to Endenterprise Resource Planning

49 Questions

Exam 13

Creating Innovative Organizations

109 Questions

Exam 14

Ebusiness

90 Questions

Exam 15

Creating Collaborative Partnerships

161 Questions

Exam 16

Integrating Wireless Technology in Business

153 Questions

Exam 17

Developing Software to Streamline Operations

133 Questions

Exam 18

Methodologies for Supporting Agile Organizations

72 Questions

Exam 19

Managing Organizational Projects

100 Questions

Exam 20

Business Driven Technology

46 Questions

Exam 21

Identifying Competitive Advantages

77 Questions

Exam 22

Strategic Initiatives for Implementing Competitive Advantages

150 Questions

Exam 23

Measuring the Success of Strategic Initiatives

184 Questions

Exam 24

Organizational Structures That Support Strategic Initiatives

77 Questions

Exam 25

Valuing and Storing Organizational Informationdatabases

113 Questions

Exam 26

Accessing Organizational Informationdata Warehouses

98 Questions

Exam 27

Understanding Big Data and Its Impact on Business

43 Questions

Exam 28

Enabling the Organizationdecision Making

124 Questions

Exam 29

Extending the Organizationsupply Chain Management

32 Questions

Exam 30

Building a Customer-Centric Organizationcustomer Relationship Management

62 Questions

Exam 31

Integrating the Organization From End to Endenterprise Resource Planning

53 Questions

Show Answer