2
Business Intelligence and Analytics Final Exam with accurate|| || || || || || || ||
detailed solutions ||
Which of the following statements is generally NOT ACCURATE about business intelligence,
|| || || || || || || || || || || ||
as discussed in class? - ✔✔It is more useful in strategic than in tactical settings
|| || || || || || || || || || || || || ||
Which of the following is NOT a characteristic of System 1 thinking? - ✔✔Explicit
|| || || || || || || || || || || || ||
Ackoff (Management Misinformation Systems, 1967) describes information overload as.. -
|| || || || || || || || || ||
✔✔An overabundance of irrelevant information
|| || || ||
Knowledge which is codified, verbalized, accessible, and easily communicated is... -
|| || || || || || || || || || ||
✔✔Explicit
Dr. Mendoza obsessed over whether questions on this test were fair and clear (he was
|| || || || || || || || || || || || || || ||
much less concerned with 'easy'). He is likely a(n)... - ✔✔Maximizer
|| || || || || || || || || ||
Davenport (2006) describes it, among other things, as developing standard formats, storage
|| || || || || || || || || || || ||
policies and access policies, archival procedures, and proper owners and users - ✔✔A data
|| || || || || || || || || || || || || ||
strategy
Which of the following is NOT one of the three key attributes among analytics competitors
|| || || || || || || || || || || || || || ||
discussed in Davenport (2006)? - ✔✔Enterprise-wide use of descriptive statistics
|| || || || || || || || ||
"I knew it!" is a response typical of the ___ heuristic - ✔✔Confirmation
|| || || || || || || || || || || ||
Per class discussion, the use of data visualization techniques is largely a hallmark of.. -
|| || || || || || || || || || || || || || ||
✔✔Business Intelligence ||
,2
Per class discussion, business intelligence tools and techniques are focused more on... -
|| || || || || || || || || || || || ||
✔✔Describing what has happened || || ||
Davenport (2006) claims successful analytics competitors look well beyond the use of... -
|| || || || || || || || || || || || ||
✔✔Descriptive statistics ||
_____ knowledge is not typically codified, verbalized, accessible, or easily communicated -
|| || || || || || || || || || || ||
✔✔Implicit
Which of the following heuristics is NOT one of the four major ones discussed in class? -
|| || || || || || || || || || || || || || || || ||
✔✔Simplification
Which of the following is NOT a characteristic of System 2 thinking? - ✔✔Effortless
|| || || || || || || || || || || || ||
Business analytics is sometimes described as "focused on self-service." Which of the
|| || || || || || || || || || || ||
statements below captures the essence of that statement? - ✔✔There are no 'canned'
|| || || || || || || || || || || || ||
reports provided to users
|| || ||
Which of the following statements is generally ACCURATE? - ✔✔Analytics are more useful in
|| || || || || || || || || || || || ||
strategic than in tactical settings
|| || || || ||
It uses the sum of the products of relative weights and ratings for individual criteria to
|| || || || || || || || || || || || || || || ||
evaluate options and make an optimal choice - ✔✔Alternative evaluation matrix
|| || || || || || || || || ||
Business _____ is/are focused on self-service - ✔✔Analytics
|| || || || || || ||
______ analytics focuses on describing events which have already taken place -
|| || || || || || || || || || || ||
✔✔Descriptive
, 2
Some students may have crammed for this exam and not spent the necessary weekly
|| || || || || || || || || || || || || ||
amount of time to succeed. With respect to their grade, they may be most accurately
|| || || || || || || || || || || || || || ||
classified - ✔✔Satisficers || ||
Which of the following is NOT one of the five unjustifiable assumptions in IS design
|| || || || || || || || || || || || || || ||
according to Ackoff (1867)? - ✔✔Computing power and storage improve every year
|| || || || || || || || || || ||
According to Davenport (2006) "the right focus" refers to... - ✔✔Spending the right
|| || || || || || || || || || || || ||
resources on the right effort || || || ||
In Ackoff's 1967 article, data filtering and reduction are necessary activities to help
|| || || || || || || || || || || || ||
eliminate... - ✔✔The overabundance of irrelevant information
|| || || || || ||
According to Davenport (2006), a "company-wide respect for measuring, testing, and
|| || || || || || || || || || ||
evaluating quantitative evidence" is the right... - ✔✔Culture
|| || || || || || ||
It is commonly-accepted knowledge that maximizers are better people than satisficers -
|| || || || || || || || || || || ||
✔✔False
The Availability Heuristic helps us make decisions based on... - ✔✔Vivid memories of events
|| || || || || || || || || || || || ||
or facts
|| ||
Which of the following is NOT an appropriate descriptor of descriptive analytics? -
|| || || || || || || || || || || || ||
✔✔Interactive
The Gartner Analytic Ascendancy Model (figure 1) shows... - ✔✔The increasing value of
|| || || || || || || || || || || || ||
progressively more difficult data analysis activities || || || || ||
Business Intelligence and Analytics Final Exam with accurate|| || || || || || || ||
detailed solutions ||
Which of the following statements is generally NOT ACCURATE about business intelligence,
|| || || || || || || || || || || ||
as discussed in class? - ✔✔It is more useful in strategic than in tactical settings
|| || || || || || || || || || || || || ||
Which of the following is NOT a characteristic of System 1 thinking? - ✔✔Explicit
|| || || || || || || || || || || || ||
Ackoff (Management Misinformation Systems, 1967) describes information overload as.. -
|| || || || || || || || || ||
✔✔An overabundance of irrelevant information
|| || || ||
Knowledge which is codified, verbalized, accessible, and easily communicated is... -
|| || || || || || || || || || ||
✔✔Explicit
Dr. Mendoza obsessed over whether questions on this test were fair and clear (he was
|| || || || || || || || || || || || || || ||
much less concerned with 'easy'). He is likely a(n)... - ✔✔Maximizer
|| || || || || || || || || ||
Davenport (2006) describes it, among other things, as developing standard formats, storage
|| || || || || || || || || || || ||
policies and access policies, archival procedures, and proper owners and users - ✔✔A data
|| || || || || || || || || || || || || ||
strategy
Which of the following is NOT one of the three key attributes among analytics competitors
|| || || || || || || || || || || || || || ||
discussed in Davenport (2006)? - ✔✔Enterprise-wide use of descriptive statistics
|| || || || || || || || ||
"I knew it!" is a response typical of the ___ heuristic - ✔✔Confirmation
|| || || || || || || || || || || ||
Per class discussion, the use of data visualization techniques is largely a hallmark of.. -
|| || || || || || || || || || || || || || ||
✔✔Business Intelligence ||
,2
Per class discussion, business intelligence tools and techniques are focused more on... -
|| || || || || || || || || || || || ||
✔✔Describing what has happened || || ||
Davenport (2006) claims successful analytics competitors look well beyond the use of... -
|| || || || || || || || || || || || ||
✔✔Descriptive statistics ||
_____ knowledge is not typically codified, verbalized, accessible, or easily communicated -
|| || || || || || || || || || || ||
✔✔Implicit
Which of the following heuristics is NOT one of the four major ones discussed in class? -
|| || || || || || || || || || || || || || || || ||
✔✔Simplification
Which of the following is NOT a characteristic of System 2 thinking? - ✔✔Effortless
|| || || || || || || || || || || || ||
Business analytics is sometimes described as "focused on self-service." Which of the
|| || || || || || || || || || || ||
statements below captures the essence of that statement? - ✔✔There are no 'canned'
|| || || || || || || || || || || || ||
reports provided to users
|| || ||
Which of the following statements is generally ACCURATE? - ✔✔Analytics are more useful in
|| || || || || || || || || || || || ||
strategic than in tactical settings
|| || || || ||
It uses the sum of the products of relative weights and ratings for individual criteria to
|| || || || || || || || || || || || || || || ||
evaluate options and make an optimal choice - ✔✔Alternative evaluation matrix
|| || || || || || || || || ||
Business _____ is/are focused on self-service - ✔✔Analytics
|| || || || || || ||
______ analytics focuses on describing events which have already taken place -
|| || || || || || || || || || || ||
✔✔Descriptive
, 2
Some students may have crammed for this exam and not spent the necessary weekly
|| || || || || || || || || || || || || ||
amount of time to succeed. With respect to their grade, they may be most accurately
|| || || || || || || || || || || || || || ||
classified - ✔✔Satisficers || ||
Which of the following is NOT one of the five unjustifiable assumptions in IS design
|| || || || || || || || || || || || || || ||
according to Ackoff (1867)? - ✔✔Computing power and storage improve every year
|| || || || || || || || || || ||
According to Davenport (2006) "the right focus" refers to... - ✔✔Spending the right
|| || || || || || || || || || || || ||
resources on the right effort || || || ||
In Ackoff's 1967 article, data filtering and reduction are necessary activities to help
|| || || || || || || || || || || || ||
eliminate... - ✔✔The overabundance of irrelevant information
|| || || || || ||
According to Davenport (2006), a "company-wide respect for measuring, testing, and
|| || || || || || || || || || ||
evaluating quantitative evidence" is the right... - ✔✔Culture
|| || || || || || ||
It is commonly-accepted knowledge that maximizers are better people than satisficers -
|| || || || || || || || || || || ||
✔✔False
The Availability Heuristic helps us make decisions based on... - ✔✔Vivid memories of events
|| || || || || || || || || || || || ||
or facts
|| ||
Which of the following is NOT an appropriate descriptor of descriptive analytics? -
|| || || || || || || || || || || || ||
✔✔Interactive
The Gartner Analytic Ascendancy Model (figure 1) shows... - ✔✔The increasing value of
|| || || || || || || || || || || || ||
progressively more difficult data analysis activities || || || || ||
