BSIS EXAM 1
BSIS EXAM 1 QUESTIONS AND ANSWERS GRADED A+
The use of analytics in health care is becoming exceedingly important in
order to control costs as well as.
a. expands their services into foreign markets.
b. provides a multitude of online health care services.
c. acquires additional properties.
d. provides more effective treatments. ANS >> provide more effective
treatments
A retail store owner offers a discount on product A and predicts that
customers would purchase products B and C in addition to product A.
Identify the technique used to make such a prediction.
a. Data query
,BSIS EXAM 1
b. Simulation
c. Data mining
d. Data dashboards ANS >> data mining
Which of the following techniques is used in predictive analytics?
a. data dashboards
b. linear regression
c. data visualization
d. optimization models ANS >> linear regression
Corporate-level managers use ______ to summarize sales by region,
current inventory levels, and other company-wide metrics all in a single
screen.
a. simulation
b. crosstabulation
c. data dashboards
d. tables ANS >> data dashboards
A children's apparel manufacturer could use descriptive analytics to
a. present supply chain to managers visually.
,BSIS EXAM 1
b. achieve efficiency in delivery of goods.
c. schedule staff and vehicles for delivery.
d. plan capacity utilization by incorporating the inherent uncertainty in
commodities pricing. ANS >> present supply chain to managers visually
The scientific process of transforming data into insight for making better
decisions is called
a. business analytics.
b. data analysis.
c. statistical studies.
d. tactical processes. ANS >> business analytics
IBM describes Big Data through the phenomenon of the 4 Vs, shown
below. Identify the "V" illustrated by data at rest.
a. volume
b. velocity
c. variety
d. veracity ANS >> volume
Firms guided by data-driven decision making tend to have
, BSIS EXAM 1
a. a higher market value.
b. lower productivity.
c. higher risk.
d. lower profit. ANS >> a higher market value
Which of the following analytical techniques is designed to output the
best decision?
a. predictive analytics
b. data mining
c. prescriptive analytics
d. descriptive analytics ANS >> prescriptive analytics
Simulation optimization helps
a. in identifying the constraints of the situation.
b. to find good decisions in highly complex and highly uncertain
settings.
c. in assigning values to outcomes.
d. to estimate outcomes of historical unknowns. ANS >> to find good
decisions in highly complex and highly uncertain settings.
BSIS EXAM 1 QUESTIONS AND ANSWERS GRADED A+
The use of analytics in health care is becoming exceedingly important in
order to control costs as well as.
a. expands their services into foreign markets.
b. provides a multitude of online health care services.
c. acquires additional properties.
d. provides more effective treatments. ANS >> provide more effective
treatments
A retail store owner offers a discount on product A and predicts that
customers would purchase products B and C in addition to product A.
Identify the technique used to make such a prediction.
a. Data query
,BSIS EXAM 1
b. Simulation
c. Data mining
d. Data dashboards ANS >> data mining
Which of the following techniques is used in predictive analytics?
a. data dashboards
b. linear regression
c. data visualization
d. optimization models ANS >> linear regression
Corporate-level managers use ______ to summarize sales by region,
current inventory levels, and other company-wide metrics all in a single
screen.
a. simulation
b. crosstabulation
c. data dashboards
d. tables ANS >> data dashboards
A children's apparel manufacturer could use descriptive analytics to
a. present supply chain to managers visually.
,BSIS EXAM 1
b. achieve efficiency in delivery of goods.
c. schedule staff and vehicles for delivery.
d. plan capacity utilization by incorporating the inherent uncertainty in
commodities pricing. ANS >> present supply chain to managers visually
The scientific process of transforming data into insight for making better
decisions is called
a. business analytics.
b. data analysis.
c. statistical studies.
d. tactical processes. ANS >> business analytics
IBM describes Big Data through the phenomenon of the 4 Vs, shown
below. Identify the "V" illustrated by data at rest.
a. volume
b. velocity
c. variety
d. veracity ANS >> volume
Firms guided by data-driven decision making tend to have
, BSIS EXAM 1
a. a higher market value.
b. lower productivity.
c. higher risk.
d. lower profit. ANS >> a higher market value
Which of the following analytical techniques is designed to output the
best decision?
a. predictive analytics
b. data mining
c. prescriptive analytics
d. descriptive analytics ANS >> prescriptive analytics
Simulation optimization helps
a. in identifying the constraints of the situation.
b. to find good decisions in highly complex and highly uncertain
settings.
c. in assigning values to outcomes.
d. to estimate outcomes of historical unknowns. ANS >> to find good
decisions in highly complex and highly uncertain settings.
