Business Intelligence and Analytics Final Exam Questions
and Answer Latest 2023
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
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
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
Which of the following is NOT an appropriate descriptor of predictive analytics?
Static
Which of the following is inconsistent with Davenport's (2006) "enterprise approach" to
competing on analytics?
Independent business units choosing best-in-class applications
The Representativeness Heuristic helps us make decisions based on...
Previously-formed opinions or stereotypes
Business ____ is/are mostly descriptive in nature
Intelligence
The Confirmation Heuristic helps us make decisions based on...
Verification of selected data or facts in our possession
Which of the following is NOT an appropriate descriptor of prescriptive analytics?
Reports-based
_________ analytics focuses on future events and is probabilistic in nature
Predictive
_______ analytics focuses on making recommendations and on their likely results
Prescriptive
The Effect Heuristic helps us make decisions based on...
An emotional response
and Answer Latest 2023
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
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
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
Which of the following is NOT an appropriate descriptor of predictive analytics?
Static
Which of the following is inconsistent with Davenport's (2006) "enterprise approach" to
competing on analytics?
Independent business units choosing best-in-class applications
The Representativeness Heuristic helps us make decisions based on...
Previously-formed opinions or stereotypes
Business ____ is/are mostly descriptive in nature
Intelligence
The Confirmation Heuristic helps us make decisions based on...
Verification of selected data or facts in our possession
Which of the following is NOT an appropriate descriptor of prescriptive analytics?
Reports-based
_________ analytics focuses on future events and is probabilistic in nature
Predictive
_______ analytics focuses on making recommendations and on their likely results
Prescriptive
The Effect Heuristic helps us make decisions based on...
An emotional response
