ISA 235 Miami University Exam 1 (Ch. 1-4) | 400 Questions and Answers(A+ Solution guide)

fact - the confirmation or validation of an event or object information age - the present time, during which infinite quantities of facts are widely available to anyone who can use a computer internet of things - a world where interconnected, internet-enabled devices or "things" can collect & share data without human intervention machine to machine (M2M) - devices that connect directly to other devices data - raw facts that describe the characteristics of an event or object structured data - data that has a defined length, type, and format and includes numbers, dates, or strings such as Customer Address machine-generated data - data created by a machine without human intervention human-generated data - data that humans, in interaction with computers, generate unstructured data - data that is not defined and does not follow a specified format and is typically free-form text such as emails, Twitter tweets, and text messages big data - a collection of rare, complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods & tools snapshot - a view of data at a particular moment in timeData example - order date, amount sold, customer number, quantity ordered information example - best-selling product, best customer, worst-selling product, worst customer business intelligence example - lowest sales per week compared with the economic interest rates, best-selling product by month compared to sports season and city team wins and losses knowledge example - choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems, listing products that are about to expire first on the menu or creating them as a daily special to move the product information - data converted into a meaningful and useful context report - a document containing data organized in a table, matrix, or graphical format allowing users to easily comprehend and understand information