Question 1

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 the above 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of the above

Question 2

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 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 the above 
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 the above

Question 4

What types of BI decisions include forecasting levels of bad loans and fraudulent credit card use, credit card spending by new customers, and which kinds of customers will best respond to new loan offers?

Accepted Answer

A)  Retail and sales BI decisions 
B)  Banking BI decisions 
C)  Operations management BI decisions 
D)  Insurance BI decisions 
A)  Retail and sales BI decisions 
B)  Banking BI decisions 
C)  Operations management BI decisions 
D)  Insurance BI decisions

Question 5

Describe the three common forms of data-mining analysis?

Accepted Answer

The more common forms of data-mining ana

Question 6

Which of the following is a form of statistical analysis?

Accepted Answer

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

Question 7

Which of the following is the result of BI that the processes that deliver the data to the business community are well documents and there are no surprises such as missing or inaccurate data?

Accepted Answer

A)  Reliable 
B)  Consistent 
C)  Understandable 
D)  Easily manipulated 
A)  Reliable 
B)  Consistent 
C)  Understandable 
D)  Easily manipulated

Question 8

Which company uses statistical analysis to automatically detect potential issues, provide quick and easy access to reports, and perform multidimensional analysis on all warranty information?

Accepted Answer

A)  Burlington Northern and Santa Fe Railroad 
B)  BostonCoach 
C)  Verizon Communications 
D)  Whirlpool 
A)  Burlington Northern and Santa Fe Railroad 
B)  BostonCoach 
C)  Verizon Communications 
D)  Whirlpool

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 the above 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of the above

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 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?

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 12

Explain the problem associated with business intelligence. Describe the solution to this business problem.

Accepted Answer

The issue most organizations are facing

Question 13

Which of the following is a business benefit of BI?

Accepted Answer

A)  Single point of access to information for managers only 
B)  BI available to financial organizational departments only 
C)  Up-to-the minute information for everyone 
D)  All of the above 
A)  Single point of access to information for managers only 
B)  BI available to financial organizational departments only 
C)  Up-to-the minute information for everyone 
D)  All of the above

Question 14

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 the above 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of the above

Question 15

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 16

Market __________ analysis analyzes such items as websites and checkout scanner information to detect customers' buying behavior and predicts future behavior by identifying affinities among customers' choices of products and services.

Accepted Answer

The answer of Market __________ analysis analyzes such items as...

Question 17

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 the above 
A)  Operational BI 
B)  Tactical BI 
C)  Strategic BI 
D)  All of the above

Question 18

What is the primary problem most organizations face today concerning information?

Accepted Answer

A)  Business intelligence rich, information rich 
B)  Data poor, information rich 
C)  Business intelligence poor, information rich 
D)  Data rich, information poor 
A)  Business intelligence rich, information rich 
B)  Data poor, information rich 
C)  Business intelligence poor, information rich 
D)  Data rich, information poor

Question 19

Describe the four categories of BI business benefits.

Accepted Answer

A practical way of breaking down these n

Question 20

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 results and determine an appropriate action 
D)  None of the above 
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 results and determine an appropriate action 
D)  None of the above

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

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

What is time-series information?

What types of BI decisions include forecasting levels of bad loans and fraudulent credit card use, credit card spending by new customers, and which kinds of customers will best respond to new loan offers?

Describe the three common forms of data-mining analysis?

Which of the following is a form of statistical analysis?

Which of the following is the result of BI that the processes that deliver the data to the business community are well documents and there are no surprises such as missing or inaccurate data?

Which company uses statistical analysis to automatically detect potential issues, provide quick and easy access to reports, and perform multidimensional analysis on all warranty 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 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?

Explain the problem associated with business intelligence. Describe the solution to this business problem.

Which of the following is a business benefit of BI?

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

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

Market __________ analysis analyzes such items as websites and checkout scanner information to detect customers' buying behavior and predicts future behavior by identifying affinities among customers' choices of products and services.

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

What is the primary problem most organizations face today concerning information?

Describe the four categories of BI business benefits.

What is data latency?

Business Basics

Business Process

Hardware and Software

Enterprise Architectures

Networks and Telecommunications

Information Security

Ethics

Supply Chain Management

Customer Relationship Management

Enterprise Resource Planning

Ebusiness

Global Trends on OLC

Strategic Outsourcing on OLC

Systems Development

Project Management

Operations Management

Organizational Architecture Trends

Global Information Systems

Mobile Technology

Filters

Exam 18: Business Intelligence

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

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

What is time-series information?

What types of BI decisions include forecasting levels of bad loans and fraudulent credit card use, credit card spending by new customers, and which kinds of customers will best respond to new loan offers?

Describe the three common forms of data-mining analysis?

Which of the following is a form of statistical analysis?

Which of the following is the result of BI that the processes that deliver the data to the business community are well documents and there are no surprises such as missing or inaccurate data?

Which company uses statistical analysis to automatically detect potential issues, provide quick and easy access to reports, and perform multidimensional analysis on all warranty 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 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?

Explain the problem associated with business intelligence. Describe the solution to this business problem.

Which of the following is a business benefit of BI?

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

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

Market __________ analysis analyzes such items as websites and checkout scanner information to detect customers' buying behavior and predicts future behavior by identifying affinities among customers' choices of products and services.

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

What is the primary problem most organizations face today concerning information?

Describe the four categories of BI business benefits.

What is data latency?

Business Basics

Business Process

Hardware and Software

Enterprise Architectures

Networks and Telecommunications

Information Security

Ethics

Supply Chain Management

Customer Relationship Management

Enterprise Resource Planning

Ebusiness

Global Trends on OLC

Strategic Outsourcing on OLC

Systems Development

Project Management

Operations Management

Organizational Architecture Trends

Global Information Systems

Mobile Technology

Filters