Question 1

Affinity analysis determines values for an unknown continuous variable behavior or estimated future value.

Accepted Answer

A) True 
 B)False

Question 2

What is big data?

Accepted Answer

A)  A collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools 
B)  Processes and manages algorithms across many machines in a computing environment 
C)  Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization 
D)  Extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information 
A)  A collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools 
B)  Processes and manages algorithms across many machines in a computing environment 
C)  Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization 
D)  Extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information

Question 3

A data miner is a business analytics specialist who uses visual tools to help people understand complex data.

Accepted Answer

A) True 
 B)False

Question 4

In terms of big data, what includes different forms of structured and unstructured data?

Accepted Answer

A)  Variety 
B)  Veracity 
C)  Volume 
D)  Velocity 
A)  Variety 
B)  Veracity 
C)  Volume 
D)  Velocity

Question 5

What can present the results of large data analysis looking for patterns and relationships that monitor changes in variables over time?

Accepted Answer

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

Question 6

In terms of big data, what is variety?

Accepted Answer

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 
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

Question 7

In terms of big data, what includes the uncertainty of data, including biases, noise, and abnormalities?

Accepted Answer

A)  Variety 
B)  Veracity 
C)  Volume 
D)  Velocity 
A)  Variety 
B)  Veracity 
C)  Volume 
D)  Velocity

Question 8

What is a data artist?

Accepted Answer

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 over-thinking) 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 
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 over-thinking) 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

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Data-mining tools use a variety of techniques to find patterns and relationships in large volumes of information that predict future behavior and guide decision making.

Accepted Answer

A) True 
 B)False

Question 11

What is estimation analysis?

Accepted Answer

A)  Determination of values for an unknown continuous variable behavior or estimated future value 
B)  Determination of which things go together 
C)  Segmentation of a heterogeneous population of more homogeneous subgroups 
D)  Assignment of records to one of a predefined set of classes 
A)  Determination of values for an unknown continuous variable behavior or estimated future value 
B)  Determination of which things go together 
C)  Segmentation of a heterogeneous population of more homogeneous subgroups 
D)  Assignment of records to one of a predefined set of classes

Question 12

Social media analytics analyzes text flowing across the Internet, including unstructured text from blogs and messages.

Accepted Answer

A) True 
 B)False

Question 13

Estimation determines values for an unknown continuous variable behavior or estimated future value.

Accepted Answer

A) True 
 B)False

Question 14

Data artist is a business analytics specialist who uses visual tools to help people understand complex data.

Accepted Answer

A) True 
 B)False

Question 15

What is the technique used to divide information sets 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?

Accepted Answer

A)  Statistical detection 
B)  Cluster analysis 
C)  Association detection 
D)  Social media analytics 
A)  Statistical detection 
B)  Cluster analysis 
C)  Association detection 
D)  Social media analytics

Question 16

What is the process of analyzing recorded calls to gather information that-brings structure to customer interactions and exposes information buried in customer contact center interactions with an enterprise?

Accepted Answer

A)  Social media analytics 
B)  Speech analytics 
C)  Text analytics 
D)  Web analytics 
A)  Social media analytics 
B)  Speech analytics 
C)  Text analytics 
D)  Web analytics

Question 17

Velocity includes different forms of structured and unstructured data.

Accepted Answer

A) True 
 B)False

Question 18

What is prediction?

Accepted Answer

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)  Forecasts based on time-series information 
D)  A statistical process for estimating the relationships among variables 
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)  Forecasts based on time-series information 
D)  A statistical process for estimating the relationships among variables

Question 19

What focuses on using data patterns to make forward-looking predictions to explain to the organization where it is headed?

Accepted Answer

A)  Big data 
B)  Distributed computing 
C)  Advanced analytics 
D)  Data scientist 
A)  Big data 
B)  Distributed computing 
C)  Advanced analytics 
D)  Data scientist

Question 20

Regression is a statistical process for estimating the relationships among variables. It includes many techniques for modeling and analyzing several variables when the focus is on the relationship between a dependent variable and one or more independent variables.

Accepted Answer

A) True 
 B)False

Exam 8: Understanding Big Data and Its Impact on Business

Affinity analysis determines values for an unknown continuous variable behavior or estimated future value.

What is big data?

A data miner is a business analytics specialist who uses visual tools to help people understand complex data.

In terms of big data, what includes different forms of structured and unstructured data?

What can present the results of large data analysis looking for patterns and relationships that monitor changes in variables over time?

In terms of big data, what is variety?

In terms of big data, what includes the uncertainty of data, including biases, noise, and abnormalities?

What is a data artist?

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

Data-mining tools use a variety of techniques to find patterns and relationships in large volumes of information that predict future behavior and guide decision making.

What is estimation analysis?

Social media analytics analyzes text flowing across the Internet, including unstructured text from blogs and messages.

Estimation determines values for an unknown continuous variable behavior or estimated future value.

Data artist is a business analytics specialist who uses visual tools to help people understand complex data.

What is the technique used to divide information sets 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?

What is the process of analyzing recorded calls to gather information that-brings structure to customer interactions and exposes information buried in customer contact center interactions with an enterprise?

Velocity includes different forms of structured and unstructured data.

What is prediction?

What focuses on using data patterns to make forward-looking predictions to explain to the organization where it is headed?

Regression is a statistical process for estimating the relationships among variables. It includes many techniques for modeling and analyzing several variables when the focus is on the relationship between a dependent variable and one or more independent variables.

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

Creating Innovative Organizations

Ebusiness

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Informationdatabases

Accessing Organizational Informationdata Warehouses

Understanding Big Data and Its Impact on Business

Enabling the Organizationdecision Making

Extending the Organizationsupply Chain Management

Building a Customer-Centric Organizationcustomer Relationship Management

Integrating the Organization From End to Endenterprise Resource Planning

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