Exam 11: Business Intelligence and Decision Support

Multidimensional (3D)views of data,such as sales revenue data,are referred to as __________.

Data mining and __________ tools are used to find relationships that are not obvious,or to predict what is going to happen.

The value of __________ to managers is that these apps pull data from a data warehouse or other data store and then graphically depict the data in meaningful displays.

Knowing how to interpret and act on the results from queries,reports,or analytics depends on BI capabilities.

Managers rely on business intelligence,data mining,and the decision support systems in order to minimize __________.

__________ techniques are well-suited to analyze financial time series data to find patterns,detect anomalies and outliers,recognize situations of chance and risk,and predict future demand,prices,and rates.

Three core functions of __________ are query,reporting,and analytics.

Which is not one of the characteristics or objectives of data mining?

Given that approximately 20 percent of all collected/stored information is in text or nonnumeric format,text mining and Web mining are major growth areas.

__________ decisions are so well-defined that they can be automated or become standard operating procedures (SOPs)and do not require a DSS to solve.

Identify three data-related business problems,or difficult situations,which indicate that an organization could benefit from improved intelligence from BI tools.

When you search for a certain book on Amazon.com,the site uses predictive and visualization tools to cross-sell by presenting to you a list of books purchased by customers who had bought that book.

The term __________ started in the music world,but has been adopted by IT to mean an application that combines data from different sources into a new application.

The __________ is the infrastructure for new generations of Web and mobile apps.

Planning new services to be offered,hiring an executive,predicting markets,or choosing a set of research and development projects for next year are examples of __________ decisions.

The latest BI tools provide __________,which are reducing managers' dependence on analysts and tech staff.

WildTrack is using a BI data analysis solution from SAS to track and monitor their constantly changing __________,which are endangered African rhinos.

Today,BI ranks near the top of many companies' IT purchase plans.What is the underlying reason for this interest in BI?

After data has been loaded into a data warehouse,data tables can be linked to form __________,which is another term for multidimensional databases.

An advantage of more advanced dashboards is that they present KPIs,trends,and exceptions using __________.