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Exam 1: An Overview of Business Intelligence,analytics,and Data Science

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Question 1

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Why is data alone worthless?

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Alone,data is worthless becaus...

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Question 2

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List four possible analytics applications in the retail value chain.

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• Inventory Optimization
• Pr...

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What type of analytics seeks to determine what is likely to happen in the future?

BI applications must be integrated with

Managing data warehouses requires special methods,including parallel computing and/or Hadoop/Spark.

________ providers focus on bringing all the data stores into an enterprise-wide platform.

Business applications can be programmed to act on what real-time BI systems discover.Describe two approaches to the implementation of real-time BI.

In the Opening Vignette on Sports Analytics,what type of modeling was used to predict offensive tactics?

________ providers focus on providing technology and services aimed toward integrating data from multiple sources.

________ is an umbrella term that combines architectures,tools,databases,analytical tools,applications,and methodologies.

Managing information on operations,customers,internal procedures and employee interactions is the domain of cognitive science.

The Google search engine is an example of Big Data in that it has to search and index billions of ________ in fractions of a second for each search.

Relational databases began to be used in the

Software monitors referred to as ________ can be placed on a separate server in the network and use event- and process-based approaches to measure and monitor operational processes.

What type of analytics seeks to recognize what is going on as well as the likely forecast and make decisions to achieve the best performance possible?

Many business users in the 1980s referred to their mainframes as "the black hole," because all the information went into it,but little ever came back and ad hoc real-time querying was virtually impossible.

In the 2000s,the DW-driven DSSs began to be called BI systems.

As the number of potential BI applications increases,the need to justify and prioritize them arises.This is not an easy task due to the large number of ________ benefits.

Which of the following developments is NOT contributing to facilitating growth of decision support and analytics?

________ analytics help managers make decisions to achieve the best performance in the future.