BCOR 2205 Final Exam Questions & Answers Graded A+

Which category of analytics will knowledge workers use to perform their jobs? - Answer-All answers are correct: -Descriptive analytics techniques that describe past performance and history. -Predictive analytics techniques extract information from data and use it to predict future trends and identify behavioral patterns. -Prescriptive analytics techniques that create models indicating the best decision to make or course of action to take. Which of the following refers to applications and technologies that are used to gather, provide access to, and analyze data and information to support decision-making efforts? - Answer-Business intelligence Data - Answer-Raw facts that describe the characteristics of an event or object Order date Amount sold Customer number Quantity ordered Information - Answer-Data converted into a meaningful and useful context Worst-selling product Best-selling product Best customerBusiness Intelligence - Answer-Information collected from multiple sources that analyze patterns, trends, and relationships for strategic decision making Lowest sales per week compared with interest rates Best-selling product by month compared to sports season wins Knowledge - Answer-The skills, experience, and expertise, coupled with information and intelligence, that creates a person's intellectual resources Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems Creating daily specials based on items that are about to expire first Internet of Things (IoT) - Answer-A world where interconnected internet-enabled devices or "things" have the ability to collect and share data without human intervention Machine-to-machine (M2M) - Answer-Refers to devices that connect directly to other devices Unstructured data - Answer-Not defined and does not follow a specified format and is typically free-form text such as emails, Twitter, and text messages Machine-generated data - Answer-Data created by a machine without human intervention Machine-generated unstructured data - Answer-Includes satellite images, scientific atmosphere data, and radar data Human-generated unstructured data - Answer-Includes text messages, social media data, and emailsStructured data - Answer-A defined length, type, and format and includes numbers, dates, or strings such as Customer Address Human-generated data - Answer-Data that humans, in interaction with computers, generate Variety - Answer-Different forms of structured and unstructured data Data from spreadsheets and databases as well as from email, videos, photos, and PDFs, all of which must be analyzed Veracity - Answer-The uncertainty of data, including biases, noise, and abnormalities Uncertainty or untrustworthiness of data Data must be meaningful to the problem being analyzed Must keep data clean and implement processes to keep dirty data from accumulating in systems Volume - Answer-The scale of data Includes enormous volumes of data generated daily Massive volume created by machines and networks Velocity - Answer-The analysis of streaming data as it travels around the Internet