MIST 2090 FINAL EXAM NEWEST ACTUAL EXAM
COMPLETE 100 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
4-step process that makes up "analytics" - ANSWER: 1. Asking meaningful questions
2. Acquiring relevant data
3. Analyzing the data quantitatively
4. Presenting the results
3 major categories of skills required for data science - ANSWER: 1. Hacking skills
2. Math and statistics knowledge
3. substantive expertise
social network theory - ANSWER: the mapping and measuring of relationships and
flows between people, organizations, systems, and other connected knowledge
entities
nodes - ANSWER: (part of social network theory)
the individual people in the network
links - ANSWER: (part of social network theory)
the relationships and flows between the nodes
1st order questions - ANSWER: Absolute and concrete questions (ex. What should
we do?)
2nd order questions - ANSWER: Abstract matters (ex. Why should we do it?, how
should we go about solving this?)
Organizational impacts of "muting" HiPPOs - ANSWER: Shifts towards data-driven
decision making taking power away from HiPPOs
Business Process - ANSWER: Sequence of tasks or activities that take a set of inputs
and convert them into desired outputs
Processes - ANSWER: A flow of related activities that work together to achieve an
objective
, Function - ANSWER: A discrete action that produces a result
Silo Effect - ANSWER: workers complete their tasks in their functional silos without
regard to the consequences for the other components of the process
Consequences of poor organizational coordination - ANSWER: -Delays
-Increased Lead times
-Excess Inventory
-Lack of visibility across the processes
BPNM - ANSWER: the emerging standard for specifying business processes in a
business process model
4 elements of BPMN - ANSWER: event
task/activity
flow/arc
gateway
event - ANSWER: (an aspect of BPMN)
represents a thing that happens instantly (ex: an invoice has been received)
task/activity - ANSWER: (an aspect of BPMN)
a unit of work that has a duration (ex: an activity to pay an invoice)
flow/arc - ANSWER: (an aspect of BPMN)
connects objects with each other and shows the order of elements in the process
(arrowhead)
gateway - ANSWER: (an aspect of BPMN)
object that represents things that separate and/or recombine flows
parallel gateway - ANSWER: a type of gateway in BPMN
provides mechanism to synchronize parallel flow and to create parallel flow,
depicted by a diamond with a plus sign in middle
exclusive gateway - ANSWER: a type of gateway in BPMN
COMPLETE 100 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
4-step process that makes up "analytics" - ANSWER: 1. Asking meaningful questions
2. Acquiring relevant data
3. Analyzing the data quantitatively
4. Presenting the results
3 major categories of skills required for data science - ANSWER: 1. Hacking skills
2. Math and statistics knowledge
3. substantive expertise
social network theory - ANSWER: the mapping and measuring of relationships and
flows between people, organizations, systems, and other connected knowledge
entities
nodes - ANSWER: (part of social network theory)
the individual people in the network
links - ANSWER: (part of social network theory)
the relationships and flows between the nodes
1st order questions - ANSWER: Absolute and concrete questions (ex. What should
we do?)
2nd order questions - ANSWER: Abstract matters (ex. Why should we do it?, how
should we go about solving this?)
Organizational impacts of "muting" HiPPOs - ANSWER: Shifts towards data-driven
decision making taking power away from HiPPOs
Business Process - ANSWER: Sequence of tasks or activities that take a set of inputs
and convert them into desired outputs
Processes - ANSWER: A flow of related activities that work together to achieve an
objective
, Function - ANSWER: A discrete action that produces a result
Silo Effect - ANSWER: workers complete their tasks in their functional silos without
regard to the consequences for the other components of the process
Consequences of poor organizational coordination - ANSWER: -Delays
-Increased Lead times
-Excess Inventory
-Lack of visibility across the processes
BPNM - ANSWER: the emerging standard for specifying business processes in a
business process model
4 elements of BPMN - ANSWER: event
task/activity
flow/arc
gateway
event - ANSWER: (an aspect of BPMN)
represents a thing that happens instantly (ex: an invoice has been received)
task/activity - ANSWER: (an aspect of BPMN)
a unit of work that has a duration (ex: an activity to pay an invoice)
flow/arc - ANSWER: (an aspect of BPMN)
connects objects with each other and shows the order of elements in the process
(arrowhead)
gateway - ANSWER: (an aspect of BPMN)
object that represents things that separate and/or recombine flows
parallel gateway - ANSWER: a type of gateway in BPMN
provides mechanism to synchronize parallel flow and to create parallel flow,
depicted by a diamond with a plus sign in middle
exclusive gateway - ANSWER: a type of gateway in BPMN
