BCIS 1305 Unit 6 Quiz
Dashboard
A presentation of a set of KPIs about the state of a process at a specific point in time.
Data mining
A BI analytic tool used to explore large amounts of data for hidden patterns to predict future trends and behaviors for use in decision making.
Data cube
A collection of data that contains numeric facts called measures, which are categorized by dimensions, such as time and geography.
Conversion funnel
A graphical representation that summarizes the steps a consumer takes in making the decision to buy your product and become a customer.
Linear regression
A mathematical procedure to predict the value of a dependent variable based on a single independent variable and the linear relationship between the two.
Key performance indicators
A metric that tracks progress in executing chosen strategies to attain organizational objectives and goals and consists of a direction, measure, target, and time frame.
Word cloud
A visual depiction of a set of words that have been grouped together because of the frequency of their occurrence.
Business intelligence
A wide range of applications, practices, and technologies for the extraction, transformation, integration, visualization, analysis, interpretation, and presentation of data to support improved decision making.
T/F: Data scientists do not need much business domain knowledge.
False
Drill-down analysis
The interactive examination of high-level summary data in increasing detail to gain insight into certain elements.
Data visualization
The presentation of data in a pictorial or graphical format
T/F: During drill-down, you go from high-level summary data to detailed levels of data.
True
T/F: For an organization to get real value from its BI efforts, it must have a solid data management program.
True
T/F: Some insurance companies can detect fraudulent claims using BI software.
True
T/F: The data for BI (business intelligence) comes from many sources.
True
_____ is used to explore large amounts of data for hidden patterns to predict future trends. a) Data mining b) Data governance c) Drill down d) Linear regression
a) Data mining
Which of the following is NOT considered a BI and analytics tool? a) Drill-down analysis b) Data visualization c) Online transaction processing d) Data mining
c) Online transaction processing
Which of the following is NOT a characteristic of a data scientist? a) a healthy appreciation of the limitations of their data b) strong business acumen c) business leadership skills d) a deep understanding of analytics
c) business leadership skills
Which of the following is NOT considered business intelligence practice? a) Visualization b) Analysis c) Data extraction d) Transaction processing
d) Transaction processing
