Question 1

_______ are predictions made on the basis of time-series information.

Accepted Answer

The answer of _______ are predictions made on the basis...

Question 2

What are forecasts?

Accepted Answer

A)   Predictions made on the basis of time-series information
B)   Time-stamped information collected at a particular frequency
C)   Reveals the degree to which variables are related
D)   All of theseE) B) and D)
F) A) and B)

Question 3

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

Accepted Answer

A)   Quantifiable benefits
B)   Indirectly quantifiable benefits
C)   Unpredictable benefits
D)   Intangible benefitsE) C) and D)
F) None of the above

Question 4

Which form of BI has managers and analysts as its primary users?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of theseE) None of the above
F) B) and D)

Question 5

Describe the three common forms of data-mining analysis?

Accepted Answer

The more common forms of data-mining ana...

Question 6

Which form of BI uses the time frame of days to weeks to months?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of theseE) A) and B)
F) None of the above

Question 7

Which form of BI uses months to years as its time frame?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of theseE) All of the above
F) B) and D)

Question 8

Which type of BI manages daily operations and integrates BI with operational systems?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of theseE) B) and D)
F) C) and D)

Question 9

What is time-series information?

Accepted Answer

A)   Analyzes checkout scanner information
B)   Time-stamped information collected at a particular frequency
C)   Reveals the degree to which variables are related
D)   All of theseE) All of the above
F) B) and C) B

Question 10

Data latency is the time from which data are made available to the time when analysis is complete.

Accepted Answer

A) True 
 B)False  False

Question 11

What reveals the degree to which variables are related and the nature and frequency of these relationships in the information?

Accepted Answer

A)   Association detection
B)   Market basket analysis
C)   Cluster analysis
D)   Intelligent agentE) A) and B)
F) A) and C)

Question 12

Which of the following is a form of statistical analysis?

Accepted Answer

A)   Forecasting
B)   Market basket analysis
C)   Cluster analysis
D)   All of theseE) A) and B)
F) A) and C)

Question 13

Which of the following is one of the four main categories of BI benefits?

Accepted Answer

A)   Quantifiable benefits
B)   Predictable benefits
C)   Tangible benefits
D)   All of theseE) A) and D)
F) A) and C)

Question 14

Quantifiable benefits,indirectly quantifiable benefits,unpredictable benefits,and intangible benefits are the four primary categories of BI benefits.

Accepted Answer

A) True 
 B)False

Question 15

Describe three types of data-mining analysis capabilities.

Accepted Answer

(1)Cluster analysis is a technique used to divide an information set into mutually exclusive groups such that the members of each group are as close together as possible to one another and the different groups are as far apart as possible.
(2)Association detection reveals the degree to which variables are related and the nature and frequency of these relationships in the information.
(3)Statistical analysis performs such functions as information correlations,distributions,calculations,and variance analysis.

Question 16

Which type of BI benefits includes improved communication throughout the enterprise,improved job satisfaction of empowered users,and improved knowledge sharing?

Accepted Answer

A)   Quantifiable benefits
B)   Indirectly quantifiable benefits
C)   Unpredictable benefits
D)   Intangible benefitsE) All of the above
F) C) and D)

Question 17

What is data latency?

Accepted Answer

A)   The time duration to make data ready for analysis and loading the data into the database
B)   The time from which data are made available to the time when analysis is complete
C)   The time it takes a human to comprehend the analytic result and determine an appropriate action
D)   None of theseE) C) and D)
F) B) and C)

Question 18

Which type of BI conducts short-term analysis to achieve strategic goals?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of theseE) A) and B)
F) None of the above

Question 19

The three forms of BI include operational,tactical,and value-added.

Accepted Answer

A) True 
 B)False

Question 20

Which form of BI uses real-time metrics for its data?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of theseE) All of the above
F) A) and B)

Exam 30: Business Intelligence

_______ are predictions made on the basis of time-series information.

Correct Answer
verified

What are forecasts?

Correct Answer
verified

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

Correct Answer
verified

Which form of BI has managers and analysts as its primary users?

Correct Answer
verified

Describe the three common forms of data-mining analysis?

Correct Answer
verified
The more common forms of data-mining ana...
View Answer

Which form of BI uses the time frame of days to weeks to months?

Correct Answer
verified

Which form of BI uses months to years as its time frame?

Correct Answer
verified

Which type of BI manages daily operations and integrates BI with operational systems?

Correct Answer
verified

What is time-series information?

Correct Answer
verified
B

Data latency is the time from which data are made available to the time when analysis is complete.

Correct Answer
verified
False

What reveals the degree to which variables are related and the nature and frequency of these relationships in the information?

Correct Answer
verified

Which of the following is a form of statistical analysis?

Correct Answer
verified

Which of the following is one of the four main categories of BI benefits?

Correct Answer
verified

Quantifiable benefits,indirectly quantifiable benefits,unpredictable benefits,and intangible benefits are the four primary categories of BI benefits.

Correct Answer
verified

Describe three types of data-mining analysis capabilities.

Which type of BI benefits includes improved communication throughout the enterprise,improved job satisfaction of empowered users,and improved knowledge sharing?

Correct Answer
verified

What is data latency?

Correct Answer
verified

Which type of BI conducts short-term analysis to achieve strategic goals?

Correct Answer
verified

The three forms of BI include operational,tactical,and value-added.

Correct Answer
verified

Which form of BI uses real-time metrics for its data?

Correct Answer
verified

Exam 30: Business Intelligence

_______ are predictions made on the basis of time-series information.

Correct AnswerverifiedShow Answer

What are forecasts?

Correct AnswerverifiedShow Answer

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

Correct AnswerverifiedShow Answer

Which form of BI has managers and analysts as its primary users?

Correct AnswerverifiedShow Answer

Describe the three common forms of data-mining analysis?

Correct AnswerverifiedThe more common forms of data-mining ana...View AnswerShow Answer

Which form of BI uses the time frame of days to weeks to months?

Correct AnswerverifiedShow Answer

Which form of BI uses months to years as its time frame?

Correct AnswerverifiedShow Answer

Which type of BI manages daily operations and integrates BI with operational systems?

Correct AnswerverifiedShow Answer

What is time-series information?

Correct AnswerverifiedB

Data latency is the time from which data are made available to the time when analysis is complete.

Correct AnswerverifiedFalse

What reveals the degree to which variables are related and the nature and frequency of these relationships in the information?

Correct AnswerverifiedShow Answer

Which of the following is a form of statistical analysis?

Correct AnswerverifiedShow Answer

Which of the following is one of the four main categories of BI benefits?

Correct AnswerverifiedShow Answer

Quantifiable benefits,indirectly quantifiable benefits,unpredictable benefits,and intangible benefits are the four primary categories of BI benefits.

Correct AnswerverifiedShow Answer

Describe three types of data-mining analysis capabilities.

Which type of BI benefits includes improved communication throughout the enterprise,improved job satisfaction of empowered users,and improved knowledge sharing?

Correct AnswerverifiedShow Answer

What is data latency?

Correct AnswerverifiedShow Answer

Which type of BI conducts short-term analysis to achieve strategic goals?

Correct AnswerverifiedShow Answer

The three forms of BI include operational,tactical,and value-added.

Correct AnswerverifiedShow Answer

Which form of BI uses real-time metrics for its data?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
verified
The more common forms of data-mining ana...
View Answer

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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B

Correct Answer
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False

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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