Question 1

BI software varies based on the analysis method used.

Accepted Answer

A) True 
 B)False

Question 2

Granularity refers to the inconsistencies and missing values that exist within data.

Accepted Answer

A) True 
 B)False

Question 3

With ________, analysts develop a model prior to the analysis and apply statistical analyses to the data to estimate parameters of the model.

Accepted Answer

A)  interactive analytical processing 
B)  unsupervised data mining 
C)  supervised data mining 
D)  noninteractive analytical processing 
A)  interactive analytical processing 
B)  unsupervised data mining 
C)  supervised data mining 
D)  noninteractive analytical processing

Question 4

Explain regression analysis with the help of an example.

Accepted Answer

Regression analysis is a type of data mi

Question 5

Regression analysis is used to ________.

Accepted Answer

A)  rank customers according to their purchasing patterns 
B)  predict future performance 
C)  identify groups of entities that have similar characteristics 
D)  perform basic operations 
A)  rank customers according to their purchasing patterns 
B)  predict future performance 
C)  identify groups of entities that have similar characteristics 
D)  perform basic operations

Question 6

What are the measures and dimensions of an OLAP report?

Accepted Answer

An OLAP report has measures and dimensio

Question 7

An organization uses a business intelligence system to predict products that tend to be purchased together. This is an example of a(n)________ process.

Accepted Answer

A)  reporting 
B)  extracting 
C)  evaluating 
D)  data mining 
A)  reporting 
B)  extracting 
C)  evaluating 
D)  data mining

Question 8

Market basket analysis is a technique used to form an equation that predicts market behavior.

Accepted Answer

A) True 
 B)False

Question 9

Regression analysis is used in sports to predict future performance.

Accepted Answer

A) True 
 B)False

Question 10

The special type of database configured for business intelligence applications is called a ________.

Accepted Answer

A)  data warehouse 
B)  data matrix 
C)  data array 
D)  data set 
A)  data warehouse 
B)  data matrix 
C)  data array 
D)  data set

Question 11

What is visualization and augmented reality?

Accepted Answer

Visualization is the creation of images

Question 12

SAP analysis of data is called online analytical processing (OLAP).

Accepted Answer

A) True 
 B)False

Question 13

Briefly describe the informing process.

Accepted Answer

Most generally, BI is the IS that suppor

Question 14

Noninteractive analyses use a predetermined structure for their output.

Accepted Answer

A) True 
 B)False

Question 15

________ provides the ability to analyze data using basic operations such as sorting, grouping, calculating, filtering, and formatting in an interactive structure.

Accepted Answer

A)  OLAP 
B)  RFM analysis 
C)  Market basket analysis 
D)  Regression analysis 
A)  OLAP 
B)  RFM analysis 
C)  Market basket analysis 
D)  Regression analysis

Question 16

Noninteractive analyses ________.

Accepted Answer

A)  use advanced statistical techniques 
B)  allow users to specify the format of the output 
C)  use a predetermined structure for their output 
D)  tend to be unstructured and flexible 
A)  use advanced statistical techniques 
B)  allow users to specify the format of the output 
C)  use a predetermined structure for their output 
D)  tend to be unstructured and flexible

Question 17

Name the four large diverse software firms that sell BI software.

Accepted Answer

(1)SAP -Business Objects and C

Question 18

Online transactional processing is the equivalent of strategic decision making.

Accepted Answer

A) True 
 B)False

Question 19

A credit card provider uses a software to determine the likelihood of customers defaulting on their payments. The software assigns a credit score to each customer based on their past transactional records. This software is an example of a(n)________ system.

Accepted Answer

A)  project management 
B)  business intelligence 
C)  collaboration 
D)  budgeting 
A)  project management 
B)  business intelligence 
C)  collaboration 
D)  budgeting

Question 20

Which of the following statements is true about RFM analysis?

Accepted Answer

A)  It ranks customers based on their purchasing power. 
B)  It is a common type of noninteractive report. 
C)  It uses unsorted data to produce an RFM score. 
D)  It identifies groups of entities that have similar characteristics. 
A)  It ranks customers based on their purchasing power. 
B)  It is a common type of noninteractive report. 
C)  It uses unsorted data to produce an RFM score. 
D)  It identifies groups of entities that have similar characteristics.

BI software varies based on the analysis method used.

Granularity refers to the inconsistencies and missing values that exist within data.

With ________, analysts develop a model prior to the analysis and apply statistical analyses to the data to estimate parameters of the model.

Explain regression analysis with the help of an example.

Regression analysis is used to ________.

What are the measures and dimensions of an OLAP report?

An organization uses a business intelligence system to predict products that tend to be purchased together. This is an example of a(n)________ process.

Market basket analysis is a technique used to form an equation that predicts market behavior.

Regression analysis is used in sports to predict future performance.

The special type of database configured for business intelligence applications is called a ________.

What is visualization and augmented reality?

SAP analysis of data is called online analytical processing (OLAP).

Briefly describe the informing process.

Noninteractive analyses use a predetermined structure for their output.

________ provides the ability to analyze data using basic operations such as sorting, grouping, calculating, filtering, and formatting in an interactive structure.

Noninteractive analyses ________.

Name the four large diverse software firms that sell BI software.

Online transactional processing is the equivalent of strategic decision making.

A credit card provider uses a software to determine the likelihood of customers defaulting on their payments. The software assigns a credit score to each customer based on their past transactional records. This software is an example of a(n)________ system.

Which of the following statements is true about RFM analysis?

Introduction to MIS

Business Processes, Information Systems, and Information

Hardware, Software, and Networks

Database Processing

Using IS to Improve Processes

Supporting Processes with ERP Systems

Supporting the Procurement Process with SAP

Supporting the Sales Process with SAP

Collaboration Processes and Information Systems

The Impact of Web 2.0 and Social Media on Business Processes

MIS Management Processes: Process Management, Systems Development, and Security

Filters

Exam 11: Business Intelligence

BI software varies based on the analysis method used.

Granularity refers to the inconsistencies and missing values that exist within data.

With ________, analysts develop a model prior to the analysis and apply statistical analyses to the data to estimate parameters of the model.

Explain regression analysis with the help of an example.

Regression analysis is used to ________.

What are the measures and dimensions of an OLAP report?

An organization uses a business intelligence system to predict products that tend to be purchased together. This is an example of a(n)________ process.

Market basket analysis is a technique used to form an equation that predicts market behavior.

Regression analysis is used in sports to predict future performance.

The special type of database configured for business intelligence applications is called a ________.

What is visualization and augmented reality?

SAP analysis of data is called online analytical processing (OLAP).

Briefly describe the informing process.

Noninteractive analyses use a predetermined structure for their output.

________ provides the ability to analyze data using basic operations such as sorting, grouping, calculating, filtering, and formatting in an interactive structure.

Noninteractive analyses ________.

Name the four large diverse software firms that sell BI software.

Online transactional processing is the equivalent of strategic decision making.

A credit card provider uses a software to determine the likelihood of customers defaulting on their payments. The software assigns a credit score to each customer based on their past transactional records. This software is an example of a(n)________ system.

Which of the following statements is true about RFM analysis?

Introduction to MIS

Business Processes, Information Systems, and Information

Hardware, Software, and Networks

Database Processing

Using IS to Improve Processes

Supporting Processes with ERP Systems

Supporting the Procurement Process with SAP

Supporting the Sales Process with SAP

Collaboration Processes and Information Systems

The Impact of Web 2.0 and Social Media on Business Processes

MIS Management Processes: Process Management, Systems Development, and Security

Filters