BSIS EXAM QUESTIONS AND ANSWERS GRADED
A+!!
The use of analytics in health care is becoming exceedingly important in order to
control costs as well as.
a. expands their services into foreign markets.
b. provides a multitude of online health care services.
c. acquires additional properties.
d. provides more effective treatments. answer >>> provide more effective
treatments
A retail store owner offers a discount on product A and predicts that customers
would purchase products B and C in addition to product A. Identify the technique
used to make such a prediction.
a. Data query
b. Simulation
c. Data mining
d. Data dashboards answer >>> data mining
Which of the following techniques is used in predictive analytics?
a. data dashboards
,BSIS
b. linear regression
c. data visualization
d. optimization models answer >>> linear regression
Corporate-level managers use ______ to summarize sales by region, current
inventory levels, and other company-wide metrics all in a single screen.
a. simulation
b. cross tabulation
c. data dashboards
d. tables answer >>> data dashboards
A children's apparel manufacturer could use descriptive analytics to
a. present supply chain to managers visually.
b. achieve efficiency in delivery of goods.
c. schedule staff and vehicles for delivery.
d. plan capacity utilization by incorporating the inherent uncertainty in
commodities pricing. answer >>> present supply chain to managers visually
The scientific process of transforming data into insight for making better decisions
is called
a. business analytics.
b. data analysis.
, BSIS
c. statistical studies.
d. tactical processes. answer >>> business analytics
IBM describes Big Data through the phenomenon of the 4 Vs, shown below.
Identify the "V" illustrated by data at rest.
a. volume
b. velocity
c. variety
d. veracity answer >>> volume
Firms guided by data-driven decision making tend to have
a. a higher market value.
b. lower productivity.
c. higher risk.
d. lower profit. answer >>> a higher market value
Which of the following analytical techniques is designed to output the best
decision?
a. predictive analytics
b. data mining
c. prescriptive analytics
d. descriptive analytics answer >>> prescriptive analytics