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Data Analytics Exam Questions with Guaranteed Pass Solutions Updated.

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Chapter 1 - Answer Chapter 1 List three of the terms that have been predecessors of analytics. - Answer 1. Routine Reporting 2. Decision support Systems 3. Business Intelligence Define BI. - Answer A conceptual framework for managerial decision support, Combines architecture, data-bases analytical tools, and applications. List and describe the 4 major components of BI - Answer 1. DW- source data 2. Business analytics- collection of tools for manipulating, mining, and analyzing the data in the DW 3. BPM- monitoring and analyzing performance 4. User interface- dashboard Define OLTP - Answer Transaction system that is primarily responsible for capturing and storing data related to day-to-day business functions Define OLAP - Answer An information system that enables the user, to query the system, conduct an analysis Define analytics - Answer The science of analysis What is descriptive analytics - Answer Answering the question of what happened and why did it happen

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Institution
MISY5370-Data Mining & Predictive Analytics
Course
MISY5370-Data Mining & Predictive Analytics

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Data Analytics Exam Questions with
Guaranteed Pass Solutions 2025-2026
Updated.
Chapter 1 - Answer Chapter 1



List three of the terms that have been predecessors of analytics. - Answer 1. Routine
Reporting



2. Decision support Systems



3. Business Intelligence



Define BI. - Answer A conceptual framework for managerial decision support, Combines
architecture, data-bases analytical tools, and applications.



List and describe the 4 major components of BI - Answer 1. DW- source data



2. Business analytics- collection of tools for manipulating, mining, and analyzing the data in the
DW



3. BPM- monitoring and analyzing performance



4. User interface- dashboard



Define OLTP - Answer Transaction system that is primarily responsible for capturing and
storing data related to day-to-day business functions



Define OLAP - Answer An information system that enables the user, to query the system,
conduct an analysis



Define analytics - Answer The science of analysis



What is descriptive analytics - Answer Answering the question of what happened and why
did it happen

, What is predictive analytics - Answer A business analytical approach toward forecasting, that
is used instead of simply reporting data as they occur



What is prescriptive analytics - Answer A branch of business analytics that deals with finding
the best possible solution alternative for a given problem.



What are the characteristics of Big Data? - Answer Data that cannot be stored in a single
storage unit. Big Data typically refers to data that comes in many different forms: structured,
unstructured, in a stream, and so forth.



What processing technique is applied to process Big Data? - Answer OLAP, Data mining, text
mining



Chapter 2 - Answer Chapter 2



Where does the data for business analytics come from? - Answer From the company



What are the most common metrics that make for analytics-ready data - Answer 1. Data
source reliability- Confidence in data source



2. Data content accuracy- Data appropriate for the analytics task at hand



3. Data accessibility- Data easily and readily obtainable



What is data? - Answer Raw facts that are meaningless by themselves



What are the main categories of data? - Answer Quantitative and Qualitative



What are the main data preprocessing steps? - Answer 1. Relevant data is collected



2. Data is cleaned



3. Transformed for better processing



4. Data reduction

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Institution
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MISY5370-Data Mining & Predictive Analytics

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