Question 1

What are forecasts?

Accepted Answer

A) A statement about what will happen or might happen in the future, for example, predicting 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. 
A) A statement about what will happen or might happen in the future, for example, predicting 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.

Question 2

Organizational data includes simple structured data elements in a database.

Accepted Answer

A) True 
 B)False

Question 3

What are advanced analytics?

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-analysis (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-analysis (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 4

A content creator is the person responsible for creating the original website content.

Accepted Answer

A) True 
 B)False

Question 5

Reports for each sales person, product, and part are examples of detail or fine information granularities.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following focuses on how individual users logically access information to meet their own particular business needs?

Accepted Answer

A) Physical view 
B) Logical view 
C) Data mart view 
D) Data view 
A) Physical view 
B) Logical view 
C) Data mart view 
D) Data view

Question 7

Timely information asks if each transaction and event represented only once in the information.

Accepted Answer

A) True 
 B)False

Question 8

What is another term for data that is already contained in a database or a spreadsheet?

Accepted Answer

A) Structured data 
B) Unstructured data 
C) Text mining 
D) Web mining 
A) Structured data 
B) Unstructured data 
C) Text mining 
D) Web mining

Question 9

What is erroneous or flawed data?

Accepted Answer

A) Dirty data 
B) Information cleansing 
C) Information Scrubbing 
D) ETL 
A) Dirty data 
B) Information cleansing 
C) Information Scrubbing 
D) ETL

Question 10

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

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 11

The primary purpose of a data warehouse is to ________.

Accepted Answer

A) Combine strategic information 
B) Organize departments 
C) Interface between the computer and employees 
D) All of the above 
A) Combine strategic information 
B) Organize departments 
C) Interface between the computer and employees 
D) All of the above

Question 12

What is an interactive website kept constantly updated and relevant to the needs of its customers using a database?

Accepted Answer

A) Dynamic website 
B) Data-driven website 
C) Static information 
D) Dynamic information 
A) Dynamic website 
B) Data-driven website 
C) Static information 
D) Dynamic information

Question 13

What determines which things go together?

Accepted Answer

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

Question 14

What is data validation?

Accepted Answer

A) The time it takes for data to be stored or retrieved. 
B) The management and oversight of an organization's data assets. 
C) The tests and evaluations used to determine compliance with data governance policies to ensure correctness of data. 
D) When a company examines its data to determine if it can meet business expectations, while identifying possible data gaps. 
A) The time it takes for data to be stored or retrieved. 
B) The management and oversight of an organization's data assets. 
C) The tests and evaluations used to determine compliance with data governance policies to ensure correctness of data. 
D) When a company examines its data to determine if it can meet business expectations, while identifying possible data gaps.

Question 15

Determining if all total columns equal the true total of the individual item is an example of a consistent characteristic of high-quality information.

Accepted Answer

A) True 
 B)False

Question 16

The banking industry uses business intelligence to understand customer credit card usage and nonpayment rates.

Accepted Answer

A) True 
 B)False

Question 17

A data point is an individual item on a graph or chart.

Accepted Answer

A) True 
 B)False

Question 18

Static information includes fixed data incapable of change in the event of a user action.

Accepted Answer

A) True 
 B)False

Question 19

What is data governance?

Accepted Answer

A) Occurs when the same data element has different values. 
B) Occurs when a system produces incorrect, inconsistent, or duplicate data. 
C) Refers to the overall management of the availability, usability, integrity, and security of company data. 
D) The practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems. 
A) Occurs when the same data element has different values. 
B) Occurs when a system produces incorrect, inconsistent, or duplicate data. 
C) Refers to the overall management of the availability, usability, integrity, and security of company data. 
D) The practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems.

Question 20

What is estimation?

Accepted Answer

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

What are forecasts?

Organizational data includes simple structured data elements in a database.

What are advanced analytics?

A content creator is the person responsible for creating the original website content.

Reports for each sales person, product, and part are examples of detail or fine information granularities.

Which of the following focuses on how individual users logically access information to meet their own particular business needs?

Timely information asks if each transaction and event represented only once in the information.

What is another term for data that is already contained in a database or a spreadsheet?

What is erroneous or flawed data?

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

The primary purpose of a data warehouse is to ________.

What is an interactive website kept constantly updated and relevant to the needs of its customers using a database?

What determines which things go together?

What is data validation?

Determining if all total columns equal the true total of the individual item is an example of a consistent characteristic of high-quality information.

The banking industry uses business intelligence to understand customer credit card usage and nonpayment rates.

A data point is an individual item on a graph or chart.

Static information includes fixed data incapable of change in the event of a user action.

What is data governance?

What is estimation?

Management Information Systems: Business Driven MIS

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Databases

Emerging Trends and Technologies

Filters

Exam 6: Data: Business Intelligence

What are forecasts?

Organizational data includes simple structured data elements in a database.

What are advanced analytics?

A content creator is the person responsible for creating the original website content.

Reports for each sales person, product, and part are examples of detail or fine information granularities.

Which of the following focuses on how individual users logically access information to meet their own particular business needs?

Timely information asks if each transaction and event represented only once in the information.

What is another term for data that is already contained in a database or a spreadsheet?

What is erroneous or flawed data?

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

The primary purpose of a data warehouse is to ________.

What is an interactive website kept constantly updated and relevant to the needs of its customers using a database?

What determines which things go together?

What is data validation?

Determining if all total columns equal the true total of the individual item is an example of a consistent characteristic of high-quality information.

The banking industry uses business intelligence to understand customer credit card usage and nonpayment rates.

A data point is an individual item on a graph or chart.

Static information includes fixed data incapable of change in the event of a user action.

What is data governance?

What is estimation?

Management Information Systems: Business Driven MIS

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Databases

Emerging Trends and Technologies

Filters