BUAL 5660 EXAM 1 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED

4/15/25, 11:18
AM




BUAL 5660 EXAM 1 QUESTIONS AND ANSWERS
WITH COMPLETE SOLUTIONS VERIFIED

Practice questions for this set


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Tables/Transaction/Legacy Data



Select the correct term



1SEMMA 2Relational Data




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, 4/15/25, 11:18
AM 3Bipartite network 4Observation




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Terms in this set (77)


Data -> pattern -> insights/new relationship ->
Inductive reasoning discovery/theory

Deductive reasoning Theory -> hypothesis -> observation -> confirmation

Relational Data Tables/Transaction/Legacy Data

Text Data Web

Semi-structured Data XML ex:tweets

Graph Data Social Network, Semantic Web (RDF), Video

Streaming Data Data that can only be scanned once

New sources of data are from outside the
Observation organization

Answers 'What happened?' and 'What is
Descriptive analytics happening?'

Business reporting, dashboards, scorecards,
Enablers and data warehousing

Outcomes Well defined business problems and opportunities

Answers 'What will happen?' and 'Why will it
Predictive analytics happen?'

Data mining, forecasting, predictions with text
Enablers analysis, web/media mining, and market basket
analysis

Outcomes Accurate projections of future events and outcomes

Answers 'What should I do?' and 'Why should I do
Prescriptive analytics it?'

Enablers Optimization, simulation and expert systems

Outcomes Best possible business decision and actions



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