Question 1

Optimization is a statistical process for estimating the relationships among variables.

Accepted Answer

A) True 
 B)False

Question 2

What assigns records to one of a predefined set of classes?

Accepted Answer

A) Classification 
B) Estimation 
C) Affinity grouping 
D) Clustering 
A) Classification 
B) Estimation 
C) Affinity grouping 
D) Clustering

Question 3

What is a collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools?

Accepted Answer

A) Big data 
B) Distributed computing 
C) Advanced analytics 
D) Data scientist 
A) Big data 
B) Distributed computing 
C) Advanced analytics 
D) Data scientist

Question 4

In terms of big data, what includes the analysis of streaming data as it travels around the Internet?

Accepted Answer

A) Variety 
B) Veracity 
C) Volume 
D) Velocity 
A) Variety 
B) Veracity 
C) Volume 
D) Velocity

Question 5

Distributed computing focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.

Accepted Answer

A) True 
 B)False

Question 6

What is clustering?

Accepted Answer

A) Determination of values for an unknown continuous variable behavior or estimated future value. 
B) Determination of which things go together. 
C) Segmentation of a heterogeneous population of more homogeneous subgroups. 
D) Assignment of records to one of a predefined set of classes. 
A) Determination of values for an unknown continuous variable behavior or estimated future value. 
B) Determination of which things go together. 
C) Segmentation of a heterogeneous population of more homogeneous subgroups. 
D) Assignment of records to one of a predefined set of classes.

Question 7

What is big data?

Accepted Answer

A) A collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools. 
B) Processes and manages algorithms across many machines in a computing environment. 
C) Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization. 
D) Extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information. 
A) A collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools. 
B) Processes and manages algorithms across many machines in a computing environment. 
C) Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization. 
D) Extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information.

Question 8

Clustering segments a heterogeneous population of more homogeneous subgroups.

Accepted Answer

A) True 
 B)False

Question 9

Data visualization tools can help uncover correlations and trends in data that would otherwise go unrecognized.

Accepted Answer

A) True 
 B)False

Question 10

What is a business analytics specialist who uses visual tools to help people understand complex data?

Accepted Answer

A) Distributed computing specialist 
B) Data processor 
C) Data scientist 
D) Data artist 
A) Distributed computing specialist 
B) Data processor 
C) Data scientist 
D) Data artist

Question 11

What is the process of analyzing data to extract information not offered by the raw data alone?

Accepted Answer

A) Data integrity 
B) Data mart analysis 
C) Data mining 
D) Data extraction 
A) Data integrity 
B) Data mart analysis 
C) Data mining 
D) Data extraction

Question 12

Data-mining tools use a variety of techniques to find patterns and relationships in large volumes of information that predict future behavior and guide decision making.

Accepted Answer

A) True 
 B)False

Question 13

What is optimization?

Accepted Answer

A) A statement about what will happen or might happen in the future such as future sales or employee turnover. 
B) A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste. 
C) Predictions based on time-series information. 
D) A statistical process for estimating the relationships among variables. 
A) A statement about what will happen or might happen in the future such as future sales or employee turnover. 
B) A statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste. 
C) Predictions based on time-series information. 
D) A statistical process for estimating the relationships among variables.

Question 14

Advanced analytics focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.

Accepted Answer

A) True 
 B)False

Question 15

What determines which things go together?

Accepted Answer

A) Classification 
B) Estimation 
C) Affinity grouping 
D) Clustering 
A) Classification 
B) Estimation 
C) Affinity grouping 
D) Clustering

Question 16

Volume includes the uncertainty of data, including biases, noise, and abnormalities.

Accepted Answer

A) True 
 B)False

Question 17

Optimization is a statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste.

Accepted Answer

A) True 
 B)False

Question 18

What analyzes unstructured data to find trends and patterns in words and sentences?

Accepted Answer

A) Structured data 
B) Unstructured data 
C) Text analytics 
D) Web analytics 
A) Structured data 
B) Unstructured data 
C) Text analytics 
D) Web analytics

Question 19

What can present the results of large data analysis looking for patterns and relationships that monitor changes in variables over time?

Accepted Answer

A) Informing 
B) Infographics 
C) Data visualization 
D) Business intelligence dashboards 
A) Informing 
B) Infographics 
C) Data visualization 
D) Business intelligence dashboards

Question 20

Estimation determines values for an unknown continuous variable behavior or estimated future value.

Accepted Answer

A) True 
 B)False

Exam 8: Understanding Big Data and Its Impact on Business

Optimization is a statistical process for estimating the relationships among variables.

What assigns records to one of a predefined set of classes?

What is a collection of large, complex data sets, including structured and unstructured data, that cannot be analyzed using traditional database methods and tools?

In terms of big data, what includes the analysis of streaming data as it travels around the Internet?

Distributed computing focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.

What is clustering?

What is big data?

Clustering segments a heterogeneous population of more homogeneous subgroups.

Data visualization tools can help uncover correlations and trends in data that would otherwise go unrecognized.

What is a business analytics specialist who uses visual tools to help people understand complex data?

What is the process of analyzing data to extract information not offered by the raw data alone?

Data-mining tools use a variety of techniques to find patterns and relationships in large volumes of information that predict future behavior and guide decision making.

What is optimization?

Advanced analytics focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.

What determines which things go together?

Volume includes the uncertainty of data, including biases, noise, and abnormalities.

Optimization is a statistical process that finds the way to make a design, system, or decision as effective as possible, for example, finding the values of controllable variables that determine maximal productivity or minimal waste.

What analyzes unstructured data to find trends and patterns in words and sentences?

What can present the results of large data analysis looking for patterns and relationships that monitor changes in variables over time?

Estimation determines values for an unknown continuous variable behavior or estimated future value.

Business Driven Technology

Identifying Competitive Advantages

Strategic Initiatives for Implementing Competitive Advantages

Measuring the Success of Strategic Initiatives

Organizational Structures That Support Strategic Initiatives

Valuing and Storing Organizational Information Databases

Accessing Organizational Information Data Warehouses

Enabling the Organization Decision Making

Extending the Organization Supply Chain Management

Building a Customer-Centric Organization Customer Relationship Management

Integrating the Organization From End to End Enterprise Resource Planning

Creating Innovative Organizations

E-business

Creating Collaborative Partnerships

Integrating Wireless Technology in Business

Developing Software to Streamline Operations

Methodologies for Supporting Agile Organizations

Managing Organizational Projects

B: Extension: A Business Basics

B: Extension: A Business Process

B: Extension: A Hardware and Software Basics

B: Extension: A Mis Infrastructures

B: Extension: A Networks and Telecommunications

B: Extension: A Information Security

B: Extension: A Ethics

B: Extension: A Operations Management

B: Extension: A Sustainable Mis Infrastructures

B: Extension: A Business Intelligence

B: Extension: A Global Information Systems

B: Extension: A Global Trends

Filters