ISTM 209 EXAM 1 (CH 1-3) QUESTIONS AND
ANSWERS
Fact - Answers - Confirmation or validation of an EVENT or OBJECT
Information Age - Answers - Time when INFINITE quantities of FACTS are widely
available to ANYONE with a COMPUTER
What are the CORE DRIVERS of the information age? - Answers - 1. Data
2. Information
3. Business Intelligence
4. Knowledge
Data - Answers - RAW FACTS that describe the characteristics of an event or object
Examples of DATA - Answers - 1. Order date
2. Amount Sold
3. Customer number
4. Quantity ordered
Internet of Things (IoT) - Answers - world where interconnected Internet-enabled
devices or "things" have the ability to COLLECT and SHARE data WITHOUT human
intervention
Machine to Machine (M2M) - Answers - DEVICES that CONNECT directly to OTHER
DEVICES
Structured Data - Answers - defined LENGTH, TYPE, and FORMAT and includes
NUMBERS, DATES, or STRINGS such as Customer Address
(Accounts for 20% of data)
Unstructured Data - Answers - Not defined and does not follow a specified format.
(Accounts for 80% of data)
Machine-generated data - Answers - created by a machine without human intervention
Examples of Machine-generated STRUCTURED data - Answers - 1. sensor data
2. point-of-sale data
3. web log data
Examples of Machine-generated UNSTRUCTURED data - Answers - 1. Satellite
images
2. Scientific atmosphere data
3. Radar data
, Human-generated data - Answers - data that humans, in interaction with computers,
generate
Examples of Human-generated STRUCTURED data - Answers - 1. Input data
2. Click-stream data
3. Gaming data
Examples of Human-generated UNSTRUCTURED data - Answers - 1. Text messages
2. Social media data
3. Emails
Big data - Answers - a collection of large, complex data sets, including structured and
unstructured data, which CANNOT be ANALYZED using TRADITIONAL database
METHODS and tools
Snapshot - Answers - a view of data at a particular moment in time
Information - Answers - Data CONVERTED into a MEANINGFUL and USEFUL context
Examples of INFORMATION - Answers - 1. Best selling product
2. Best customers
3. Worst selling product
4. Worst Customer
Report - Answers - a document containing DATA ORGANIZED in a table, matrix, or
graphical format allowing users to easily comprehend and understand information.
Static report - Answers - a report CREATED ONCE based on data that DOES NOT
CHANGE.
(Examples: sales report from last year or salary report from 5 years ago)
Dynamic report - Answers - CHANGES AUTOMATICALLY during creation.
(Examples: daily stock market prices or circulation of available inventory)
Variable - Answers - a DATA CHARACTERISTIC that stands for a VALUE that
CHANGES or VARIES OVER TIME
Business Intelligence (BI) - Answers - INFORMATION collected from MULTIPLE
SOURCES such as suppliers, customers, competitors, partners, and industries that
analyzes patterns, trends, and relationships FOR STRATEGIC DECISION MAKING
Examples of BUSINESS INTELLIGENCE - Answers - 1. Lowest sales per week
compared with economic interest rates
ANSWERS
Fact - Answers - Confirmation or validation of an EVENT or OBJECT
Information Age - Answers - Time when INFINITE quantities of FACTS are widely
available to ANYONE with a COMPUTER
What are the CORE DRIVERS of the information age? - Answers - 1. Data
2. Information
3. Business Intelligence
4. Knowledge
Data - Answers - RAW FACTS that describe the characteristics of an event or object
Examples of DATA - Answers - 1. Order date
2. Amount Sold
3. Customer number
4. Quantity ordered
Internet of Things (IoT) - Answers - world where interconnected Internet-enabled
devices or "things" have the ability to COLLECT and SHARE data WITHOUT human
intervention
Machine to Machine (M2M) - Answers - DEVICES that CONNECT directly to OTHER
DEVICES
Structured Data - Answers - defined LENGTH, TYPE, and FORMAT and includes
NUMBERS, DATES, or STRINGS such as Customer Address
(Accounts for 20% of data)
Unstructured Data - Answers - Not defined and does not follow a specified format.
(Accounts for 80% of data)
Machine-generated data - Answers - created by a machine without human intervention
Examples of Machine-generated STRUCTURED data - Answers - 1. sensor data
2. point-of-sale data
3. web log data
Examples of Machine-generated UNSTRUCTURED data - Answers - 1. Satellite
images
2. Scientific atmosphere data
3. Radar data
, Human-generated data - Answers - data that humans, in interaction with computers,
generate
Examples of Human-generated STRUCTURED data - Answers - 1. Input data
2. Click-stream data
3. Gaming data
Examples of Human-generated UNSTRUCTURED data - Answers - 1. Text messages
2. Social media data
3. Emails
Big data - Answers - a collection of large, complex data sets, including structured and
unstructured data, which CANNOT be ANALYZED using TRADITIONAL database
METHODS and tools
Snapshot - Answers - a view of data at a particular moment in time
Information - Answers - Data CONVERTED into a MEANINGFUL and USEFUL context
Examples of INFORMATION - Answers - 1. Best selling product
2. Best customers
3. Worst selling product
4. Worst Customer
Report - Answers - a document containing DATA ORGANIZED in a table, matrix, or
graphical format allowing users to easily comprehend and understand information.
Static report - Answers - a report CREATED ONCE based on data that DOES NOT
CHANGE.
(Examples: sales report from last year or salary report from 5 years ago)
Dynamic report - Answers - CHANGES AUTOMATICALLY during creation.
(Examples: daily stock market prices or circulation of available inventory)
Variable - Answers - a DATA CHARACTERISTIC that stands for a VALUE that
CHANGES or VARIES OVER TIME
Business Intelligence (BI) - Answers - INFORMATION collected from MULTIPLE
SOURCES such as suppliers, customers, competitors, partners, and industries that
analyzes patterns, trends, and relationships FOR STRATEGIC DECISION MAKING
Examples of BUSINESS INTELLIGENCE - Answers - 1. Lowest sales per week
compared with economic interest rates
