Chapter 12

_____ is NOT a statistical tool used for predictive analytics. Data mining Linear regression Logistic regression Multidimensional analysis

Multidimensional analysis

If you analyze a data cube, this is an example of using data mining. DSS. OLAP. OLTP.

OLAP

______ analytics require _______ analytics. Descriptive; predictive Descriptive; prescriptive Predictive; prescriptive Prescriptive; predictive

Prescriptive; predictive

_______ is a decisional role. Analyzer Leader Liaison Resource allocator

Resource allocator

You are an executive working for a Fortune 500 company. You want to see how each factory floor worker is performing compared to every other worker. You would look at the ________ wall in the Management Cockpit. black blue red white

blue

Which of the following is NOT a use for data mining? Comparing products Detecting fraudulent credit card transactions Forecasting bankruptcy Predicting sales

comparing products

If you want to know what items customers typically buy together so that you can place them next to each other on the shelf, you would be using data mining. DSS. OLAP. OLTP.

data mining

Data reduction is the conversion of raw _______ into a smaller amount of more useful _______. data; information data; knowledge information; data information; knowledge

data; information

GIS is a computer-based system for capturing, integrating, manipulating, and displaying data using analytics. dashboards. digitized maps. solar energy.

digitized maps.

You are looking at a sales report from last month. You notice one salesperson's numbers are much lower than the rest, so you click on that person's name to get more details on the products they sold last month. You are using the _______ feature of a dashboard. CSF drill down exception reporting trend analysis

drill down

Dashboards evolved from enterprise resource planning systems. executive information systems. functional area information systems. transaction processing systems.

executive information systems

Answering the question "did this option work as proposed" occurs in the _____ phase of the IDC. choice design intelligence implementation

implementation

You would use optimization or simulation for ______ analytics. descriptive predictive prescriptive useful

prescriptive

You are a jeweler who wants to make sure you have the maximum number of diamonds for sale. You notice that the number of diamonds available drops more when the size is relevant versus when the color is relevant. By comparing these factors, you are conducting a(n) _____ analysis. affinity goal-seeking sensitivity what-if

sensitivity

As a purchasing manager, you have to purchase widgets every week to replenish your inventory. This is a(n) ________ decision. midstructured semistructured structured unstructured

structured

You are an employee in Inside Sales. This means you take calls and address customer issues like entering orders, updating orders, and providing order status reports. This is a(n) _____ task and a(n) _______ decision. structured; management control structured; operational control unstructured; management control unstructured; operational control

structured; operational control

You want to make sure your entire organization is using a single data warehouse instead of using a data mart for every department. This is an example of the development of infrastructure to support enterprise-wide analytics. the development of one or a few related analytics applications. support for maintaining organizational strategy. support for organizational transformation.

the development of infrastructure to support enterprise-wide analytics.

Data marts are typically associated with the development of infrastructure to support enterprise-wide analytics. the development of one or a few related analytics applications. support for maintaining organizational strategy. support for organizational transformation.

the development of one or a few related analytics applications.

Management is a process by which an organization achieves its goals (called ______) through the use of resources (called _______). the input; inputs the input; outputs the output; inputs the output; outputs

the output; inputs