Question 1

Describe three types of data-mining analysis capabilities.

Accepted Answer

(1)Cluster analysis is a technique used to divide an information set 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.
(2)Association detection reveals the degree to which variables are related and the nature and frequency of these relationships in the information.
(3)Statistical analysis performs such functions as information correlations,distributions,calculations,and variance analysis.

Question 2

Data latency is the time from which data are made available to the time when analysis is complete.

Accepted Answer

A) True 
 B)False  False

Question 3

What is time-series information?

Accepted Answer

A)  Analyzes checkout scanner information 
B)  Time-stamped information collected at a particular frequency 
C)  Reveals the degree to which variables are related 
D)  All of these 
A)  Analyzes checkout scanner information 
B)  Time-stamped information collected at a particular frequency 
C)  Reveals the degree to which variables are related 
D)  All of these B

Question 4

The three forms of BI include operational,tactical,and value-added.

Accepted Answer

A) True 
 B)False

Question 5

Which form of BI uses the time frame of days to weeks to months?

Accepted Answer

A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these

Question 6

What are forecasts?

Accepted Answer

A)  Predictions made on the basis of time-series information 
B)  Time-stamped information collected at a particular frequency 
C)  Reveals the degree to which variables are related 
D)  All of these 
A)  Predictions made on the basis of time-series information 
B)  Time-stamped information collected at a particular frequency 
C)  Reveals the degree to which variables are related 
D)  All of these

Question 7

Which of the following is a form of statistical analysis?

Accepted Answer

A)  Forecasting 
B)  Market basket analysis 
C)  Cluster analysis 
D)  All of these 
A)  Forecasting 
B)  Market basket analysis 
C)  Cluster analysis 
D)  All of these

Question 8

_______ are predictions made on the basis of time-series information.

Accepted Answer

The answer of _______ are predictions made on the basis...

Question 9

Which form of BI uses real-time metrics for its data?

Accepted Answer

A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these

Question 10

Which type of BI benefits includes improved communication throughout the enterprise,improved job satisfaction of empowered users,and improved knowledge sharing?

Accepted Answer

A)  Quantifiable benefits 
B)  Indirectly quantifiable benefits 
C)  Unpredictable benefits 
D)  Intangible benefits 
A)  Quantifiable benefits 
B)  Indirectly quantifiable benefits 
C)  Unpredictable benefits 
D)  Intangible benefits

Question 11

What is data latency?

Accepted Answer

A)  The time duration to make data ready for analysis and loading the data into the database 
B)  The time from which data are made available to the time when analysis is complete 
C)  The time it takes a human to comprehend the analytic result and determine an appropriate action 
D)  None of these 
A)  The time duration to make data ready for analysis and loading the data into the database 
B)  The time from which data are made available to the time when analysis is complete 
C)  The time it takes a human to comprehend the analytic result and determine an appropriate action 
D)  None of these

Question 12

What reveals the degree to which variables are related and the nature and frequency of these relationships in the information?

Accepted Answer

A)  Association detection 
B)  Market basket analysis 
C)  Cluster analysis 
D)  Intelligent agent 
A)  Association detection 
B)  Market basket analysis 
C)  Cluster analysis 
D)  Intelligent agent

Question 13

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

Accepted Answer

A)  Quantifiable benefits 
B)  Indirectly quantifiable benefits 
C)  Unpredictable benefits 
D)  Intangible benefits 
A)  Quantifiable benefits 
B)  Indirectly quantifiable benefits 
C)  Unpredictable benefits 
D)  Intangible benefits

Question 14

Which form of BI has managers and analysts as its primary users?

Accepted Answer

A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these

Question 15

Which form of BI uses months to years as its time frame?

Accepted Answer

A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these

Question 16

Quantifiable benefits,indirectly quantifiable benefits,unpredictable benefits,and intangible benefits are the four primary categories of BI benefits.

Accepted Answer

A) True 
 B)False

Question 17

Which type of BI conducts short-term analysis to achieve strategic goals?

Accepted Answer

A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these

Question 18

Which of the following is one of the four main categories of BI benefits?

Accepted Answer

A)  Quantifiable benefits 
B)  Predictable benefits 
C)  Tangible benefits 
D)  All of these 
A)  Quantifiable benefits 
B)  Predictable benefits 
C)  Tangible benefits 
D)  All of these

Question 19

Which type of BI manages daily operations and integrates BI with operational systems?

Accepted Answer

A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of these

Question 20

Describe the three common forms of data-mining analysis?

Accepted Answer

The more common forms of data-mining ana

Exam 30: Business Intelligence

Describe three types of data-mining analysis capabilities.

Data latency is the time from which data are made available to the time when analysis is complete.

What is time-series information?

The three forms of BI include operational,tactical,and value-added.

Which form of BI uses the time frame of days to weeks to months?

What are forecasts?

Which of the following is a form of statistical analysis?

_______ are predictions made on the basis of time-series information.

Which form of BI uses real-time metrics for its data?

Which type of BI benefits includes improved communication throughout the enterprise,improved job satisfaction of empowered users,and improved knowledge sharing?

What is data latency?

What reveals the degree to which variables are related and the nature and frequency of these relationships in the information?

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

Which form of BI has managers and analysts as its primary users?

Which form of BI uses months to years as its time frame?

Quantifiable benefits,indirectly quantifiable benefits,unpredictable benefits,and intangible benefits are the four primary categories of BI benefits.

Which type of BI conducts short-term analysis to achieve strategic goals?

Which of the following is one of the four main categories of BI benefits?

Which type of BI manages daily operations and integrates BI with operational systems?

Describe the three common forms of data-mining analysis?

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 Organizational Information

Storing Organizational Information-Databases

Accessing Organizational Information-Data Warehouse

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

Ebusiness

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

Developing a 21st-Century Organization

Business Basics

Business Process

Hardware and Software Basics

Mis Infrastructures

Networks and Telecommunications

Information Security

Ethics

Operations Management

Sustainable Mis Infrastructures

Global Information Systems

Global Trends

Filters