and answers rated A+
Key Data Management Processes - correct answer ✔acquiring data, making
sure the data are valid, and then storing and processing the data into usable
information for a business.
scrubbing the data - correct answer ✔sorting through structured,
unstructured, and semi-structured data to normalize them into a data
warehouse and arrive at a structure to make sure they are usable
normalized - correct answer ✔structured, usable format
Business Intelligence - correct answer ✔Strategies and technologies used by
enterprises for the data analysis of business information
Data Analysis - correct answer ✔applying statistics and logic techniques to
define, illustrate, and evaluate data. Simply stated, data analysis attempts to
make sense of an organization's collected data, turn those data into useful
information, and validate the organization's future decisions
Data Mining-Data Discovery - correct answer ✔is the examination of huge
sets of data to find patterns and connections and identify outliers. Data mining
also provides insight into relationships that the user may not recognize but
that are useful as information.
Topic Analytics - correct answer ✔tries to catalog phrases of an
organization's customer feedback into relevant topics. For example, if a
customer said, "the barista was friendly," that would be categorized under the
topic "Employee Friendliness."
, Text Analytics-Text Mining - correct answer ✔hunts through unstructured
text data to look for useful patterns such as whether their customers on
Facebook or Instagram are unsatisfied with the organization's products or
services.
Business Analytics - correct answer ✔attempts to make connections
between data so organizations can try to predict future trends that may give
them a competitive advantage. Business analytics can also uncover computer
system inadequacies within an organization. 3 forms; Descriptive; predictive;
& decision Analytics
Descritptive Analytics - correct answer ✔categorizing the information;
defines past data you already have that can be grouped into significant
pieces, like a department's sales results, and also start to reveal trends.
Predictive Analytics - correct answer ✔attempts to reveal future patterns in a
marketplace, essentially trying to predict the future by looking for data
correlations between one thing and any other things that pertain to it.
The Data Management Process - correct answer ✔obtains, authenticates,
stores, and protects data and then processes the data to ensure that they are
accessible, reliable, secure, and timely.
Decision Analytics - correct answer ✔Builds on predictive analysis to make
decisions about future industries and marketplaces. Decision analytics looks
at an organization's internal data, analyzes external conditions like supply
abundance, and then endorses the best course of action.
Return on Investment (ROI) in Data Management - correct answer
✔measures the gain or loss generated by intelligent data management
relative to the amount of money invested.