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Exam (elaborations)

ITM Exam 1 Questions & Answers 2024/2025

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ITM Exam 1 Questions & Answers 2024/2025 Fact - ANSWERSthe conformation or validation of an event or object Information - ANSWERSData converted into a meaningful and useful context; Best/worst selling product, best/worst costumer Data - ANSWERSRaw facts describe the characteristics of an event or object; order date, amount sold, quantity ordered Business Intelligence - ANSWERSInfo collected from multiple sources that analyze patterns, trends, and relationships, for strategic decision making; lowest sales per week compared with the economic interest rates IoT (Internet of Things) - ANSWERSA world in which interconnected, internet-enabled devices or things can collect and share devices or things can collect and share data without human intervention Structured data - ANSWERSData that has a defined length, type, and format and includes numbers, dates, or things such as customer address Unstructured data - ANSWERSData that is not defined does not follow a specified format, and is typically free from text such as emails, twitter tweets and text messages Big data - ANSWERSA collection of large complex data sets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools Analytics - ANSWERSThe science of of fact based decision making


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May 11, 2024
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