Week 10 Database management

personal finances.

All of the following are applications for big data and analytics EXCEPT:

predictive analytics

Application of statistical and computational methods to predict data events is:

True

Descriptive analytics answers the question: "What happened yesterday?

True

Human intervention is an important part of big data analytics.

False

Predictive analytics answers the question: "How can we make it happen?"

MOLAP

tools commonly load data into intermediate hypercube structures.

trash collection.

All of the following are categorizations of human activity affected by big data analytics EXCEPT:

prescriptive

Descriptive, predictive, and ________ are the three main types of analytics.

wearable

Devices which collect personal health data are:

the maximum price customers are willing to pay.

First-degree or complete price discrimination relates to:

search engine data

One major source of data for analytics is:

targeting market communications to specific customers.

One of the best known uses of data analytics in business is:

True

Smartphones can produce millions of observations per second making them Business Intelligence and Analytics 3.0.

True

The applications of analytics are not just limited to business but extend to a wide-array of human activity

True

The three major types of analytics are: descriptive, predictive, and prescriptive.

T

Using data to predict events is an example of predictive analytics.

prescriptive analytics.

When an organization must decide on optimization and simulation tools to make things happen it is using:

descriptive analytics

When online analytical processing (OLAP) studies last year's sales, this represents:

smart phones

are examples of Business Intelligences and Analytics 3.0 because they have millions of observations per second

personal privacy

is arguably the most common concern by individuals regarding big data analytics.