Exam 15: The Data Asset: Databases, Business Intelligence, Analytics, Big Data, and Competitive Advantage

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In database systems, a _____ refers to a list of data.

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Which of the following conditions is essential for data mining to work?

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Changing pricing based on demand conditions is known as ________.

(Short Answer)
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_____ put(s) users in control so that they can create custom reports on an as-needed basis by selecting fields, ranges, summary conditions, and other parameters.

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Describe "database," "DBMS," and "SQL."

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In database systems, a _____ defines the data that a table can hold.

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The San Francisco Giants leverage business analytics to price game tickets. What factors are considered? What are the risks associated with allowing prices to fluctuate?

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Airbnb's "____________" feature helps by leveraging the firm's industry-leading dataset, far larger and more comprehensive than rivals, and constantly updated over time, to suggest the perfect rate.

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Turning data into useable information is hindered by transactional databases set up to be simultaneously accessed for reporting and analysis.

(True/False)
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refers to a job title focused on directing, performing, or overseeing activities associated with a database or set of databases.

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What is data mining? What are the key areas where businesses are leveraging data mining?

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Why do many organizations have data that cannot be converted to actionable information? What are the hurdles faced by firms that attempt to query transactional databases?

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_____ are the most common standard for expressing databases, whereby tables (files) are related based on common keys.

(Short Answer)
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Data mining is leveraged by some firms to determine which products customers buy together, and how an organization can use this information to cross-sell more products or services. This area of application of data mining is referred to as:

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A data cube refers to a:

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_____ are AI systems that leverage rules or examples to perform a task in a way that mimics applied human expertise.

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_____ is by far the most popular language for creating and manipulating databases.

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Every dollar spent on technology may lead to five to seven more dollars on____________.

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Which of the following is not considered an advantage of Hadoop?

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_____ is a class of computer software that seeks to reproduce or mimic human thought, decision making, or brain functions.

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