Question 1

Prediction 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  True

Question 2

What is a data value that is numerically distant from most of the other data points in a set of data?

Accepted Answer

A) Fast data 
B) Outlier 
C) Analysis paralysis 
D) Cube 
A) Fast data 
B) Outlier 
C) Analysis paralysis 
D) Cube B

Question 3

Social media analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

Accepted Answer

A) True 
 B)False  False

Question 4

What 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?

Accepted Answer

A) Distributed computing 
B) Advanced analytics 
C) Analysis paralysis 
D) Data artist 
A) Distributed computing 
B) Advanced analytics 
C) Analysis paralysis 
D) Data artist

Question 5

Data visualization tools move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more.

Accepted Answer

A) True 
 B)False

Question 6

What can help uncover correlations and trends in data that would otherwise go unrecognized?

Accepted Answer

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

Question 7

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 8

Association detection occurs when the user goes into an emotional state of overanalysis (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

Accepted Answer

A) True 
 B)False

Question 9

Big data is a collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools.

Accepted Answer

A) True 
 B)False

Question 10

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 11

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

Accepted Answer

A) True 
 B)False

Question 12

What occurs when the user goes into an emotional state of overanalyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome?

Accepted Answer

A) Analytical paradox 
B) Analytical analysis 
C) Analysis paralysis 
D) Analysis paradox 
A) Analytical paradox 
B) Analytical analysis 
C) Analysis paralysis 
D) Analysis paradox

Question 13

What analyzes unstructured data associated with websites to identify consumer behavior and website navigation?

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 14

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

Question 15

Web analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

Accepted Answer

A) True 
 B)False

Question 16

What is classification?

Accepted Answer

A) Determination of the 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 the 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 17

Association detection reveals the relationship between variables along with the nature and frequency of the relationship.

Accepted Answer

A) True 
 B)False

Question 18

What is regression?

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

Question 19

What is fast data?

Accepted Answer

A) Processes and manages algorithms across many machines in a computing environment. 
B) A data value that is numerically distant from most of the other data points in a set of data. 
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) The application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value. 
A) Processes and manages algorithms across many machines in a computing environment. 
B) A data value that is numerically distant from most of the other data points in a set of data. 
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) The application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value.

Question 20

What is 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?

Accepted Answer

A) Prediction 
B) Optimization 
C) Forecasting 
D) Regression 
A) Prediction 
B) Optimization 
C) Forecasting 
D) Regression

Exam 8: Understanding Big Data and Its Impact on Business

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

What is a data value that is numerically distant from most of the other data points in a set of data?

Social media analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

What 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?

Data visualization tools move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more.

What can help uncover correlations and trends in data that would otherwise go unrecognized?

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

Association detection occurs when the user goes into an emotional state of overanalysis (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

Big data is a collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools.

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

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

What occurs when the user goes into an emotional state of overanalyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome?

What analyzes unstructured data associated with websites to identify consumer behavior and website navigation?

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.

Web analytics analyzes unstructured data associated with websites to identify consumer behavior and website navigation.

What is classification?

Association detection reveals the relationship between variables along with the nature and frequency of the relationship.

What is regression?

What is fast data?

What is 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?

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 Information Databases

Accessing Organizational Information Data Warehouses

Enabling the Organization Decision Making

Extending the Organization Supply Chain Management

Building a Customer-Centric Organization Customer Relationship Management

Integrating the Organization From End to End Enterprise Resource Planning

Creating Innovative Organizations

E-business

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

B: Extension: A Business Basics

B: Extension: A Business Process

B: Extension: A Hardware and Software Basics

B: Extension: A Mis Infrastructures

B: Extension: A Networks and Telecommunications

B: Extension: A Information Security

B: Extension: A Ethics

B: Extension: A Operations Management

B: Extension: A Sustainable Mis Infrastructures

B: Extension: A Business Intelligence

B: Extension: A Global Information Systems

B: Extension: A Global Trends

Filters