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BCOR 2205 Final Exam All Possible Questions and Answers;highly recommended for your final test

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BCOR 2205 Final Exam All Possible Questions and Answers;highly recommended for your final test Which category of analytics will knowledge workers use to perform their jobs? All answers are correct: Descriptive analytics techniques that describe past performance and history. Predictive analytics techniques that extract information from data and use it to predict future trends and identify behavioral patterns. Prescriptive analytics techniques that create models indicating the best decision to make or course of action to take. Which of the following refers to applications and technologies that are used to gather, provide access to, and analyze data and information to support decision-making efforts? Business intelligence Data Raw facts that describe the characteristics of an event or object Order date Amount sold Customer number Quantity ordered Information Data converted into a meaningful and useful context Worst-selling product Best-selling product Best customer Business Intelligence Information collected from multiple sources that analyze patterns, trends, and relationships for strategic decision making Lowest sales per week compared with interest rates Best-selling product by month compared to sports season wins Knowledge The skills, experience, and expertise, coupled with information and intelligence, that creates a person's intellectual resources Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems

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BCOR 2205 Final Exam All Possible Questions and
Answers;highly recommended for your final test
Which category of analytics will knowledge workers use to perform their jobs?
All answers are correct:
Descriptive analytics techniques that describe past performance and history.
Predictive analytics techniques that extract information from data and use it to predict
future trends and identify behavioral patterns.
Prescriptive analytics techniques that create models indicating the best decision to
make or course of action to take.
Which of the following refers to applications and technologies that are used to
gather, provide access to, and analyze data and information to support decision-
making efforts?
Business intelligence
Data
Raw facts that describe the characteristics of an event or object

Order date

Amount sold

Customer number

Quantity ordered
Information
Data converted into a meaningful and useful context

Worst-selling product

Best-selling product

Best customer
Business Intelligence
Information collected from multiple sources that analyze patterns, trends, and
relationships for strategic decision making

Lowest sales per week compared with interest rates

Best-selling product by month compared to sports season wins
Knowledge
The skills, experience, and expertise, coupled with information and intelligence, that
creates a person's intellectual resources

Choosing not to fire a sales representative who is underperforming knowing that person
is experiencing family problems

,Creating daily specials based on items that are about to expire first
Internet of Things (IoT)
A world where interconnected internet-enabled devices or "things" have the ability to
collect and share data without human intervention
Machine-to-machine (M2M)
Refers to devices that connect directly to other devices
Unstructured data
Not defined and does not follow a specified format and is typically free-form text such as
emails, Twitter, and text messages
Machine-generated data
Data created by a machine without human intervention
Machine-generated unstructured data
Includes satellite images, scientific atmosphere data, and radar data
Human-generated unstructured data
Includes text messages, social media data, and emails
Structured data
A defined length, type, and format and includes numbers, dates, or strings such as
Customer Address
Human-generated data
Data that humans, in interaction with computers, generate
Variety
Different forms of structured and unstructured data

Data from spreadsheets and databases as well as from email, videos, photos, and
PDFs, all of which must be analyzed
Veracity
The uncertainty of data, including biases, noise, and abnormalities

Uncertainty or untrustworthiness of data

Data must be meaningful to the problem being analyzed

Must keep data clean and implement processes to keep dirty data from accumulating in
systems
Volume
The scale of data

Includes enormous volumes of data generated daily

Massive volume created by machines and networks
Velocity
The analysis of streaming data as it travels around the Internet

Analysis necessary of social media messages spreading globally
Analytics

, The science of fact-based decision making
Business Analytics
The scientific process of transforming data into insight for making better decisions
Predictive Analytics
Uses techniques that extract information from data and uses it to predict future trends
and identify behavioral patterns
Prescriptive Analytics
Uses techniques that create models indicating the best decisions to make or course of
action to take
Descriptive Analytics
Uses techniques that describe past performance and history
Accounting
Transactional data

Purchasing data

Payroll data

Tax data
Finance
Investment data

Monetary data

Reporting data
Human Resources
Employee data

Promotion data

Vacation data
Marketing
Promotion data

Sales data

Advertising data
Operations Management
Manufacturing data

Distribution data

Production data
Sales
Potential customer data

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Geüpload op
22 februari 2024
Aantal pagina's
16
Geschreven in
2023/2024
Type
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