Question 1

Describe three types of data-mining analysis capabilities.

Accepted Answer

(1) Cluster analysis is a technique used...

Question 2

Which of the following is the result of BI that the data have been defined in business terms and calculations and algorithms are easily accessed for comprehension?

Accepted Answer

A)   Reliable
B)   Consistent
C)   Understandable
D)   Easily manipulatedE) A) and B)
F) A) and C)

Question 3

What types of BI decisions include predicting machinery failures and finding key factors that control optimization of manufacturing capacity?

Accepted Answer

A)   Retail and sales BI decisions
B)   Banking BI decisions
C)   Operations management BI decisions
D)   Insurance BI decisionsE) A) and D)
F) A) and C)

Question 4

Which form of BI uses the time frame of days to weeks to months?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of the aboveE) A) and D)
F) A) and B)

Question 5

Which of the following is one of the four main categories of BI benefits?

Accepted Answer

A)   Quantifiable benefits
B)   Predictable benefits
C)   Tangible benefits
D)   All of the aboveE) C) and D)
F) A) and B)

Question 6

What do organizations using BI ask to find the root causes to problems and provide solutions?

Accepted Answer

A)   What
B)   When
C)   Where
D)   WhyE) A) and B)
F) B) and D)

Question 7

Data latency is the time from which data are made available to the time when analysis is complete.

Accepted Answer

A) True 
 B)False

Question 8

What is decision latency?

Accepted Answer

A)   The time duration to make data ready for analysis and loading the data into the database
B)   The time from which data are made available to the time when analysis is complete
C)   The time it takes a human to comprehend the analytic results and determine an appropriate action
D)   None of the aboveE) All of the above
F) B) and C)

Question 9

Which of the following is a result of implementing business intelligence systems and tools allowing business users to receive data for analysis?

Accepted Answer

A)   Reliable
B)   Understandable
C)   Easily Manipulated
D)   All of the aboveE) B) and D)
F) C) and D) D

Question 10

Which type of BI achieves long-term organizational goals?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of the aboveE) A) and B)
F) A) and C) C

Question 11

What is analysis latency?

Accepted Answer

A)   The time duration to make data ready for analysis and loading the data into the database
B)   The time from which data are made available to the time when analysis is complete
C)   The time it takes a human to comprehend the analytic results and determine an appropriate action
D)   None of the aboveE) A) and B)
F) All of the above B

Question 12

The three forms of BI include operational, tactical, and value-added.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is not one of the parallels between challenges in business and those of war?

Accepted Answer

A)   Collecting information
B)   Using tactical business intelligence
C)   Discerning patterns and meaning in the information
D)   Responding to the resultant informationE) B) and D)
F) B) and C)

Question 14

Explain the organization-wide benefits of BI.

Accepted Answer

Richard Hackathorn of Bolder Technologie...

Question 15

What are forecasts?

Accepted Answer

A)   Predictions made on the basis of time-series information
B)   Time-stamped information collected at a particular frequency
C)   Reveals the degree to which variables are related
D)   All of the aboveE) B) and C)
F) A) and D)

Question 16

Which type of BI manages daily operations and integrates BI with operational systems?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of the aboveE) A) and B)
F) A) and C)

Question 17

Improving the quality of business decisions has a direct impact on costs and revenue.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following can use BI to make informed decisions?

Accepted Answer

A)   Law enforcement industry
B)   Airline industry
C)   Broadcasting industry
D)   All of the aboveE) None of the above
F) A) and B)

Question 19

What types of BI decisions include forecasting claim amounts and medical coverage costs, classifying the most important elements that affect medical coverage; predicting which customers will buy new insurance policies?

Accepted Answer

A)   Retail and sales BI decisions
B)   Banking BI decisions
C)   Operations management BI decisions
D)   Insurance BI decisionsE) A) and D)
F) All of the above

Question 20

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

Accepted Answer

A)   Quantifiable benefits
B)   Indirectly quantifiable benefits
C)   Unpredictable benefits
D)   Intangible benefitsE) B) and D)
F) A) and C)

Exam 18: Business Intelligence

Describe three types of data-mining analysis capabilities.

Correct Answerverified(1) Cluster analysis is a technique used...View AnswerShow Answer

Which of the following is the result of BI that the data have been defined in business terms and calculations and algorithms are easily accessed for comprehension?

Correct AnswerverifiedShow Answer

What types of BI decisions include predicting machinery failures and finding key factors that control optimization of manufacturing capacity?

Correct AnswerverifiedShow Answer

Which form of BI uses the time frame of days to weeks to months?

Correct AnswerverifiedShow Answer

Which of the following is one of the four main categories of BI benefits?

Correct AnswerverifiedShow Answer

What do organizations using BI ask to find the root causes to problems and provide solutions?

Correct AnswerverifiedShow Answer

Data latency is the time from which data are made available to the time when analysis is complete.

Correct AnswerverifiedShow Answer

What is decision latency?

Correct AnswerverifiedShow Answer

Which of the following is a result of implementing business intelligence systems and tools allowing business users to receive data for analysis?

Correct AnswerverifiedD

Which type of BI achieves long-term organizational goals?

Correct AnswerverifiedC

What is analysis latency?

Correct AnswerverifiedB

The three forms of BI include operational, tactical, and value-added.

Correct AnswerverifiedShow Answer

Which of the following is not one of the parallels between challenges in business and those of war?

Correct AnswerverifiedShow Answer

Explain the organization-wide benefits of BI.

Correct AnswerverifiedRichard Hackathorn of Bolder Technologie...View AnswerShow Answer

What are forecasts?

Correct AnswerverifiedShow Answer

Which type of BI manages daily operations and integrates BI with operational systems?

Correct AnswerverifiedShow Answer

Improving the quality of business decisions has a direct impact on costs and revenue.

Correct AnswerverifiedShow Answer

Which of the following can use BI to make informed decisions?

Correct AnswerverifiedShow Answer

What types of BI decisions include forecasting claim amounts and medical coverage costs, classifying the most important elements that affect medical coverage; predicting which customers will buy new insurance policies?

Correct AnswerverifiedShow Answer

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

Correct AnswerverifiedShow Answer

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Richard Hackathorn of Bolder Technologie...
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