Solutions Graded A+
What are the three Business Analytics Tiers? - Answer: - Reporting
- Basic Analytics
- Advanced Analytics
Within the Business Analytics Tier of Reporting, what does Basic Reporting ask? - Answer: What
Happened?
Within the Business Analytics Tier of Reporting, what does Ad Hoc Reporting ask? - Answer: How many,
how often, where?
Within the Business Analytics Tier of Reporting, what does Dynamic Reporting ask? - Answer: Where
exactly are the problems?
Within the Business Analytics Tier of Basic Analytics, what does Reporting with Early Warning ask? -
Answer: What actions are needed?
Within the Business Analytics Tier of Basic Analytics, what does Basic Statistical Analysis ask? - Answer:
Why is this happening?
What are the three Features of Business Analytics? - Answer: - The Data
- The Users and Sponsors
- The Methodology
Within Features of Business Analytics, The Data is: - Answer: Massive, operational, and opportunistic
Within Features of Business Analytics, The Users and Sponsors utilize: - Answer: Business decision
support
,Within Features of Business Analytics, The Methodology includes: - Answer: 1. Computer-intensive ad
hockery
2. Multidisciplinary lineage
What is Data Mining? - Answer: Advanced methods for exploring and modeling relationships in large
amounts of data.
_________________ is an essential component of business analytics - Answer: Data mining
When Analytics are not helpful: - Answer: - Snap decisions
- No previous data is possible
- Most important factors are rare (making decisions to work around unlikely obstacles or miracles)
- Expert analysis suggests a particular path
- Metrics are inappropriate
- Naïve implementation of analytics
- Confirming what you already know
What does SAS Studio Provide? - Answer: a point-and-click interface for managing data and generating
reports
SAS Studio interface is ______________ and the interactive tools and reports are rendered in HTML5 -
Answer: browser-based
SAS Studio generates SAS ______________ that are submitted to SAS behind the scenes. - Answer:
programs
_______________ are returned to SAS Studio and are delivered through the browser-based interface. -
Answer: Results
, __________________________ can easily be saved in .html, .pdf, or .rtf formats. - Answer: Graphical
and report output
___________________ also includes a full programming interface that can be used to write, edit, and
submit SAS programs. - Answer: SAS Studio
_________________________ streamlines the data mining process to create highly accurate predictive
and descriptive models based on vast amounts of data gathered from across an organization. - Answer:
SAS Enterprise Miner
What are the Strengths of SAS EM? - Answer: a. Predictive Modeling
b. Pattern Discovery
______________________ brings self-service, ad hoc visual data discovery and exploration to an
organization. - Answer: SAS Visual Analytics
T/F: SAS Visual Analytics puts lightning-fast insights within everyone's reach: no matter the size of your
organization - or your data. - Answer: True
What are the Features of SAS Visual Analytics? - Answer: a. In-memory analytics for fast answers
b. Autocharting automatically chooses the best graph
c. Forecasting, scenario analysis, and other analytic visualizations
d. Text analysis, including content categorization
e. Interactive dashboarding and reporting
f. Design reports once, publish anywhere
g. Integration with mapping technologies
h. Feature-rich mobile apps for iPad and Android
i. Flexible, scalable deployment options
What are the Tasks for Business Analytics:? - Answer: i. Identify and access data sources
ii. Combine data sources