Business Intelligence and Analytics Final Exam
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Which of the following statements is generally NOT CORRECT about business
intelligence, according to the in-class discussion? - ANSWER It is more useful in
strategic than in tactical settings
Which of the following is NOT a feature of System 1 thinking? - ANSWER Explicit
Ackoff (Management Misinformation Systems, 1967) defines information overload as. -
ANSWER An overabundance of irrelevant information
Known, stated, available, and communicable. - ANSWER Explicit
Dr. Mendoza obsessed over whether questions on this test were fair and clear (he was
much less concerned with 'easy'). He is likely a(n). - ANSWER Maximizer
Davenport (2006) describes it, among other things, as developing standard formats,
storage policies and access policies, archival procedures, and proper owners and
users - ANSWER A data strategy
Which of the following is NOT one of the three key attributes among analytics
competitors discussed in Davenport (2006)? - ANSWER Enterprise-wide use of
descriptive statistics
"I knew it!" is a response typical of the ___ heuristic - ANSWER Confirmation
Per class discussion, the use of data visualization techniques is largely a hallmark of. -
,ANSWER Business Intelligence
Per class discussion, business intelligence tools and techniques are focused more on. -
ANSWER Describing what has happened
Davenport (2006) claims successful analytics competitors look well beyond the use of. -
ANSWER Descriptive statistics
_____ knowledge is not typically codified, verbalized, accessible, or easily
communicated - ANSWER Implicit
Which of the following heuristics is NOT one of the four major ones discussed in class? -
ANSWER Simplification
Which of the following is NOT a trait of System 2 thinking? - ANSWER Effortless
Business analytics is often characterized as "focused on self-service." Which of the
statements below best conveys that notion? - ANSWER There are no 'canned' reports
available to end users
Which of the following statements is most frequently TRUE? - ANSWER Analytics are of
greater utility in strategic rather than in tactical situations
It uses the sum of the products of relative weights and ratings for individual criteria to
evaluate options and make an optimal choice - ANSWER Alternative evaluation matrix
Business _____ is/are focused on self-service - ANSWER Analytics
______ analytics focuses on describing events which have already taken place -
ANSWER Descriptive
, Some students may have crammed for this exam and did not study for the proper weekly
amount of time to do well. From their grade perspective, they can most appropriately be
characterized - ANSWER Satisficers
Which of the following is NOT one of the five indefensible assumptions in IS design as
pointed out by Ackoff (1867)? - ANSWER Computing power and storage increase each
year
According to Davenport (2006) "the right focus" means. - ANSWER Spending the right
resources on the right effort
According to the article by Ackoff in 1967, data filtering and reduction are tasks that
help reduce the amount of. - ANSWER Overabundance of irrelevant information
According to Davenport (2006), the right. - ANSWER Culture is "a company-wide
respect for measuring, testing, and evaluating quantitative evidence
Common knowledge It is commonly-accepted knowledge that maximizers are better
people than satisficers - ANSWER False
The Availability Heuristic helps us make decisions based on. - ANSWER Vivid
memories of events or facts
Which of the following is NOT an appropriate descriptor of descriptive analytics? -
ANSWER Interactive
The Gartner Analytic Ascendancy Model figure 1 shows. - ANSWER The increasing
value of progressively more difficult data analysis activities
Which of the following is NOT an appropriate descriptor of predictive analytics? -
ANSWER Static
100% Verified
Which of the following statements is generally NOT CORRECT about business
intelligence, according to the in-class discussion? - ANSWER It is more useful in
strategic than in tactical settings
Which of the following is NOT a feature of System 1 thinking? - ANSWER Explicit
Ackoff (Management Misinformation Systems, 1967) defines information overload as. -
ANSWER An overabundance of irrelevant information
Known, stated, available, and communicable. - ANSWER Explicit
Dr. Mendoza obsessed over whether questions on this test were fair and clear (he was
much less concerned with 'easy'). He is likely a(n). - ANSWER Maximizer
Davenport (2006) describes it, among other things, as developing standard formats,
storage policies and access policies, archival procedures, and proper owners and
users - ANSWER A data strategy
Which of the following is NOT one of the three key attributes among analytics
competitors discussed in Davenport (2006)? - ANSWER Enterprise-wide use of
descriptive statistics
"I knew it!" is a response typical of the ___ heuristic - ANSWER Confirmation
Per class discussion, the use of data visualization techniques is largely a hallmark of. -
,ANSWER Business Intelligence
Per class discussion, business intelligence tools and techniques are focused more on. -
ANSWER Describing what has happened
Davenport (2006) claims successful analytics competitors look well beyond the use of. -
ANSWER Descriptive statistics
_____ knowledge is not typically codified, verbalized, accessible, or easily
communicated - ANSWER Implicit
Which of the following heuristics is NOT one of the four major ones discussed in class? -
ANSWER Simplification
Which of the following is NOT a trait of System 2 thinking? - ANSWER Effortless
Business analytics is often characterized as "focused on self-service." Which of the
statements below best conveys that notion? - ANSWER There are no 'canned' reports
available to end users
Which of the following statements is most frequently TRUE? - ANSWER Analytics are of
greater utility in strategic rather than in tactical situations
It uses the sum of the products of relative weights and ratings for individual criteria to
evaluate options and make an optimal choice - ANSWER Alternative evaluation matrix
Business _____ is/are focused on self-service - ANSWER Analytics
______ analytics focuses on describing events which have already taken place -
ANSWER Descriptive
, Some students may have crammed for this exam and did not study for the proper weekly
amount of time to do well. From their grade perspective, they can most appropriately be
characterized - ANSWER Satisficers
Which of the following is NOT one of the five indefensible assumptions in IS design as
pointed out by Ackoff (1867)? - ANSWER Computing power and storage increase each
year
According to Davenport (2006) "the right focus" means. - ANSWER Spending the right
resources on the right effort
According to the article by Ackoff in 1967, data filtering and reduction are tasks that
help reduce the amount of. - ANSWER Overabundance of irrelevant information
According to Davenport (2006), the right. - ANSWER Culture is "a company-wide
respect for measuring, testing, and evaluating quantitative evidence
Common knowledge It is commonly-accepted knowledge that maximizers are better
people than satisficers - ANSWER False
The Availability Heuristic helps us make decisions based on. - ANSWER Vivid
memories of events or facts
Which of the following is NOT an appropriate descriptor of descriptive analytics? -
ANSWER Interactive
The Gartner Analytic Ascendancy Model figure 1 shows. - ANSWER The increasing
value of progressively more difficult data analysis activities
Which of the following is NOT an appropriate descriptor of predictive analytics? -
ANSWER Static
