Question 1

Many of the Internet of Things will use radio-frequency identification (RFID)technology,

Accepted Answer

A) True 
 B)False

Question 2

The ratio of the number of customers who eventually purchased divided by the number
Who visited is known as:

Accepted Answer

A)  to create value from intellectual capital and to share knowledge 
B)  conversion rate 
C)  A/B testing 
D)  to connect the power of multiple computers working in parallel 
A)  to create value from intellectual capital and to share knowledge 
B)  conversion rate 
C)  A/B testing 
D)  to connect the power of multiple computers working in parallel

Question 3

Before BI,B2C businesses had to write their own code to acquire and analyze customer data.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following statements is true about RFM analysis?

Accepted Answer

A)  It ranks customers based on their purchasing power. 
B)  It uses more than a single attribute to sort the customers. 
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 uses more than a single attribute to sort the customers. 
C)  It uses unsorted data to produce an RFM score. 
D)  It identifies groups of entities that have similar characteristics.

Question 5

Which of the following is true about supervised data mining?

Accepted Answer

A)  Statistics used are simple and easy. 
B)  It is used for predicting cross-selling opportunities. 
C)  Analysts develop a model prior to the analysis. 
D)  Patterns found are explained by a hypothesis. 
A)  Statistics used are simple and easy. 
B)  It is used for predicting cross-selling opportunities. 
C)  Analysts develop a model prior to the analysis. 
D)  Patterns found are explained by a hypothesis.

Question 6

An RFM analysis considers how recently a customer has ordered and how much the customer has spent.

Accepted Answer

A) True 
 B)False

Question 7

Explain the Next Best Offer (NBO)process.

Accepted Answer

The NBO process is a targeted offer or p

Question 8

A digital dashboard is a(n)________.

Accepted Answer

A)  electronic input device used in business intelligence systems 
B)  information system that is used to enter data into databases 
C)  visualization that is customized for a particular user 
D)  digital device in the central processing unit of a BI system 
A)  electronic input device used in business intelligence systems 
B)  information system that is used to enter data into databases 
C)  visualization that is customized for a particular user 
D)  digital device in the central processing unit of a BI system

Question 9

Briefly describe four categories of techniques that help address the challenges of Big Data.

Accepted Answer

1)NoSQL Databases: a NoSQL database is a

Question 10

For BI applications,a few missing data points is better than no data at all.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is most likely to cause concerns and conflict with the growth of business intelligence?

Accepted Answer

A)  communication costs 
B)  consumer privacy 
C)  data volume 
D)  unstructured data 
A)  communication costs 
B)  consumer privacy 
C)  data volume 
D)  unstructured data

Question 12

With Big Data,the auditing process no longer needs to sample a subset of transactions;
it can examine every transaction.

Accepted Answer

A) True 
 B)False

Question 13

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

Question 14

Which of the following is not a new process that is supported by BI:

Accepted Answer

A)  Online shopping 
B)  Prediction Markets 
C)  Airplane ETA 
D)  Energy Conservation 
A)  Online shopping 
B)  Prediction Markets 
C)  Airplane ETA 
D)  Energy Conservation

Question 15

Scalability means that BI servers are:

Accepted Answer

A)  efficient 
B)  modular 
C)  compatible 
D)  operational 
A)  efficient 
B)  modular 
C)  compatible 
D)  operational

Question 16

Describe the hardware and software used in BI systems.

Accepted Answer

The key piece of hardware in a BI system

Question 17

Describe how BI information systems supported the decision-making process.

Accepted Answer

The decision-making process is the selec

Question 18

Describe regression analysis with the help of an example.

Accepted Answer

Regression analysis is a type of data mi

Question 19

Which of the following processes supported by BI information systems refers to the selection of a choice among available options and can be done individually or in a group?

Accepted Answer

A)  decision making 
B)  knowledge management 
C)  phishing 
D)  pharming 
A)  decision making 
B)  knowledge management 
C)  phishing 
D)  pharming

Question 20

Describe the risks associated with missing data and nonintegrated data.

Accepted Answer

Most operational and purchased data have

Many of the Internet of Things will use radio-frequency identification (RFID)technology,

The ratio of the number of customers who eventually purchased divided by the number Who visited is known as:

Before BI,B2C businesses had to write their own code to acquire and analyze customer data.

Which of the following statements is true about RFM analysis?

Which of the following is true about supervised data mining?

An RFM analysis considers how recently a customer has ordered and how much the customer has spent.

Explain the Next Best Offer (NBO)process.

A digital dashboard is a(n)________.

Briefly describe four categories of techniques that help address the challenges of Big Data.

For BI applications,a few missing data points is better than no data at all.

Which of the following is most likely to cause concerns and conflict with the growth of business intelligence?

With Big Data,the auditing process no longer needs to sample a subset of transactions; it can examine every transaction.

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

Which of the following is not a new process that is supported by BI:

Scalability means that BI servers are:

Describe the hardware and software used in BI systems.

Describe how BI information systems supported the decision-making process.

Describe regression analysis with the help of an example.

Which of the following processes supported by BI information systems refers to the selection of a choice among available options and can be done individually or in a group?

Describe the risks associated with missing data and nonintegrated data.

The Importance of MIS

Business Processes, Information Systems, and Information

Networks and the Cloud

Database Processing

Information Systems Security

Using Is to Improve Processes

Supporting Processes With ERP Systems

Supporting the Procurement Process With SAP

Supporting the Sales Process With SAP

Collaboration and IS

Social Media and IS

Filters

Exam 12: Business Intelligence and IS

Many of the Internet of Things will use radio-frequency identification (RFID)technology,

The ratio of the number of customers who eventually purchased divided by the number Who visited is known as:

Before BI,B2C businesses had to write their own code to acquire and analyze customer data.

Which of the following statements is true about RFM analysis?

Which of the following is true about supervised data mining?

An RFM analysis considers how recently a customer has ordered and how much the customer has spent.

Explain the Next Best Offer (NBO)process.

A digital dashboard is a(n)________.

Briefly describe four categories of techniques that help address the challenges of Big Data.

For BI applications,a few missing data points is better than no data at all.

Which of the following is most likely to cause concerns and conflict with the growth of business intelligence?

With Big Data,the auditing process no longer needs to sample a subset of transactions; it can examine every transaction.

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

Which of the following is not a new process that is supported by BI:

Scalability means that BI servers are:

Describe the hardware and software used in BI systems.

Describe how BI information systems supported the decision-making process.

Describe regression analysis with the help of an example.

Which of the following processes supported by BI information systems refers to the selection of a choice among available options and can be done individually or in a group?

Describe the risks associated with missing data and nonintegrated data.

The Importance of MIS

Business Processes, Information Systems, and Information

Networks and the Cloud

Database Processing

Information Systems Security

Using Is to Improve Processes

Supporting Processes With ERP Systems

Supporting the Procurement Process With SAP

Supporting the Sales Process With SAP

Collaboration and IS

Social Media and IS

Filters