Exam 6: Data: Business Intelligence

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The four primary traits of the value of information include levels,formats,granularities,and type.

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What is a data map?

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Web analytics analyzes unstructured data to find trends and patterns in words and sentences.

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What is a real-time system?

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Regression is a statement about what will happen or might happen in the future,for example,predicting future sales or employee turnover.

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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?

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A DBMS provides details about data.

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Forecasts are predictions based on time-series information.

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Information redundancy is the duplication of data,or the storage of the same data in multiple places.

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Hierarchal database model stores information in the form of logically related two-dimensional tables.

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Most people request real-time information without understanding that continual __________ is one of its biggest pitfalls.

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What is the role of a foreign key?

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What are forecasts?

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A repository is a central location in which data is stored and managed.

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Many organizations find themselves in the position of being data rich and information poor.Even in today's electronic world,managers struggle with the challenge of turning their business data into business intelligence.

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What are advanced analytics?

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BI can help managers with ___________,where a company keeps tabs of its competitor's activities on the Web using software that automatically tracks all competitor website activities such as discounts and new products.

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Which of the following would not be considered part of the complete characteristic of high-quality information?

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Information cleansing or scrubbing is a process that weeds out and fixes or discards inconsistent,incorrect,or incomplete information.

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Transactional information is used when performing operational tasks and repetitive decisions such as analyzing daily sales reports and production schedules to determine how much inventory to carry.

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