Business Intelligence Quiz 9

Quiz 9 ( 100/100 ) Which of the following is NOT considered business intelligence practice? Group of answer choices Transaction processing Visualization Analysis Data extraction Which of the following is NOT a characteristic of a data scientist? Group of answer choices a deep understanding of analytics a healthy appreciation of the limitations of their data strong business acumen business leadership skills Mastery over which subject is NOT required for being a data scientist? Group of answer choices Statistics Computer science Mathematics English Which of the following is NOT a core process associated with data management? Group of answer choices process for certifying it fit for use process for storage process for obtaining data process for gathering BI requirements Which of the following is NOT a component of a KPI (key performance indicator)? Group of answer choices time frame direction format measure Which of the following is NOT true about linear regression? Group of answer choices the line minimizes the sum of the squared errors of prediction consists of finding the best-fitting straight line through a set of observations both of the variables must be quantitative variables the technique implies causality between the independent and the dependent variables Which of these analysis methods describes neural computing? Group of answer choices historical data is examined for patterns that are then used to make predictions a mathematical procedure to predict the value of a dependent variable based on a single independent variable historical if-then-else cases are used to recognize patterns a specialized set of algorithms sorts through data and forms statistical rules about relationships among the items Data within the data cube has been ______ by specific dimensional values. Group of answer choices summarized regressed drilled into correlated During modeling of the CRISP-DM method, we would ______. Group of answer choices clarify business goals for the data mining project assess if the model achieves business goals apply selected modeling techniques select a subset of data to be used and prepare it Which of the following is NOT considered a BI and analytics tool? Group of answer choices Data mining Data visualization Online transaction processing Drill-down analysis To analzye various alternative scenarios, a manager would use _______. Group of answer choices the spreadsheet's 'what-if' capability a data visualization tool the reporting feature of a BI tool the graphing features of spreadsheet software The graphical representation that summarizes the steps a consumer takes in making the decision to buy your product and become a customer is called _____. Group of answer choices a word cloud a pivot chart a scatter diagram a conversion funnel Which of the following is IBM's BI product? Group of answer choices Cognos Business objects Power BI Hyperion From which vendor is the BI product Business Objects available? Group of answer choices Google IBM SAP Microsoft Which of the following is a potential disadvantage with self-service BI? Group of answer choices Encourages nontechnical end users to make decisions based on facts and analyses rather than intuition. Can lead to over spending on unapproved data sources and business analytics tools. Gets valuable data into the hands of the people who need it the most—end users. Accelerates and improves decision making. Which of the following is NOT a commonly used BI tool? Group of answer choices data visualization automated customer service drill-down analysis linear regression The goal of business intelligence is to _____. Group of answer choices improve employee morale reduce the cost of data processing support and improve decision making provide access to novel tools to the users _________ encourages nontechnical end users to make decisions based on facts and analyses rather than intuition. Group of answer choices Seeking expert opinions Self-service analytics Easy access to a degree in Statistics Outsourcing BI tasks One of the goals of business intelligence is to _________. Group of answer choices ensure the transaction data is properly stored present the results in an easy to understand manner use the most sophisticated techniques educate the users about business statistics What is the projected shortage of data scientists in the USA, according to a McKinsey & Co. report? Group of answer choices 100,000 to 200,000 100,000 or less more than 500,000 200,000 to 500,000