Exam 18: Business Intelligence

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Data is a strategic asset for a business and if the asset is not used the business is wasting resources.

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Which of the following is the result of BI that it is no longer required to have a PhD in statistics to get sophisticated analytics delivered to users' fingertips?

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___________ are predictions made on the basis of time-series information.

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What types of BI decisions include predicting sales, determining correct inventory levels and distribution schedules among outlets, and loss prevention?

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__________ analysis performs such functions as information correlations, distributions, calculations, and variance analysis.

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Which type of BI benefits are the results of discoveries made by creative users?

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Which of the following represents market basket analysis?

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Which of the following is the result of BI that implies that the data have been documented as the certified or approved data for the enterprise?

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