Chapter 6 Business Intelligence and Analytics Study Guide Data Management and Decision Support Lecture Summary and Exam Preparation Material 2025/ 2026 Comprehensive Review Practice Questions Exam Review Test Bank with Solution

Chapter 6 – Business
Chapter 6Intelligence
– Business
Chapterand
6Intelligence
–
Analytics
Business
Study
andIntelligence
Analytics
Guide, Data
Study
and Management
Analytics
Guide, Data
Study
and
Management
Guide,
Decision
Data
Support
and
Management
Decision
Systems
Support
and
Review.pdf
Decision
Systems
Support
Review.pdf
Systems Review.pdf




Chapter 6 –
Business
Intelligence and
Analytics Study
Guide, Data
Management and
Decision Support
Systems Review




Chapter 6 – Business
Chapter 6Intelligence
– Business
Chapterand
6Intelligence
–
Analytics
Business
Study
andIntelligence
Analytics
Guide, Data
Study
and Management
Analytics
Guide, Data
Study
and
Management
Guide,
Decision
Data
Support
and
Management
Decision
Systems
Support
and
Review.pdf
Decision
Systems
Support
Review.pdf
Systems Review.pdf

,Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf




What does BI stand for? BI stands for Business Intelligence.


What is Business Analytics? - Definition Business analytics is the extensive use of data and quantitative analysis to
support fact-based decision making within organizations.


What are the five things that Business Analytics can Business Analytics can be used for/to do:
be used for/to do?
1. Gain a better understanding of current business performance.


2. Reveal new business patterns and relationships.


3. Explain why certain results have occurred.


4. Optimize current operations.


5. Forecast future business results.


What does BI stand for again? BI stands for Business Intelligence.


What is Business Intelligence? - definition Business Intelligence includes a wife of applications, practices, and
technologies for the extraction, transformation, integration, visualization,
analysis interpretation, and presentation of data to support improved
decision making.


The data that is used in BI is oftentimes pulled from The data that is used in Business Intelligence is oftentimes pulleys from
blank sources. multiple sources?
Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf

, Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf




What type of sources can the data b pulled from? The data to Business Intelligence may be pulled from multiple sources
that are either internal or external to the organization (the data may come
from both - internal and external data sources).


The data can be used to build large collections of True; data can indeed be used to build large collections of data.
data. True or False? What are the three large
collections of data? The three large collections of data are:


Data warehouses
Data marts
Data lakes


What are the five benefits that can be achieved with There are a total of five benefits that can be achieved with the effective
the use of both Business Intelligence and Analytics use of both business Intelligence and Business Analytics:
(Business Analytics):
Detecting fraud


Improve forecasting


Increase sales


Reduce costs


Optimize operation




Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf Chapter 6 - Business Intelligence and Analytics.pdf