ch 7 info sys

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the popular name of an interface for business intelligence tools is ______.

dashboard

The primary objective of a publishing process is to predict patterns and relationships in data.

false

Rather than containing a set of IF-THEN rules, more sophisticated Expert Systems use____, which mimic the way a human brain learns.

neural networks

A credit card provider uses a software to determine the likelihood of customers defaulting on their payments. The software assigns a credit score based on each customer's past transaction records. This software is an example of a ________ system.

Business Intelligence

Which of the following statements is true about business intelligence systems?

they help identify patterns in a large volume of data.

Determining which stock will yield the highest return by the end of next year is an example of a structured problem.

False

Artificial intelligence (AI) focuses on methods and technologies to emulate how humans learn and solve problems.

True

For Business Intelligence applications, a few missing data is better than no data at all.

True

Market basket analysis is a data mining application that understands what products or services are commonly purchased together.

True

The data mining process can predict the likelihood of various outcomes of a particular event.

True

The decision making process is one of the most frequently occurring processes in an organization.

True

one objective of data mining is clustering, the finding of groups of related facts not previously known.

True

A data warehouse is specially designed to sort and retrieve large volumes of data.

true

Business Intelligence is a process of acquiring, analyzing, and publishing data with an objective of discovering or revealing patterns in data.

true

The business analytics is the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions.

true

A(n) ____ is one for which there is no algorithm to follow to reach an optimal solution.

unstructured problem


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