BUSINESS INTELLIGENCE AND ANALYTICS FINAL EXAM
WITH ALL CORRECT & VERIFIED ANSWERS (UPDATED
TO PASS)
Which of the following statements is generally NOT ACCURATE about business intelligence, as
discussed in class? Correct answer-It is more useful in strategic than in tactical settings
Which of the following is NOT a characteristic of System 1 thinking? Correct answer-Explicit
Ackoff (Management Misinformation Systems, 1967) describes information overload as.. Correct
answer-An overabundance of irrelevant information
Knowledge which is codified, verbalized, accessible, and easily communicated is... Correct 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)... Correct 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 Correct answer-A data
strategy
Which of the following is NOT one of the three key attributes among analytics competitors discussed
in Davenport (2006)? Correct answer-Enterprise-wide use of descriptive statistics
"I knew it!" is a response typical of the ___ heuristic Correct answer-Confirmation
Per class discussion, the use of data visualization techniques is largely a hallmark of.. Correct
answer-Business Intelligence
Per class discussion, business intelligence tools and techniques are focused more on... Correct
answer-Describing what has happened
Davenport (2006) claims successful analytics competitors look well beyond the use of... Correct
answer-Descriptive statistics
_____ knowledge is not typically codified, verbalized, accessible, or easily communicated Correct
answer-Implicit
Which of the following heuristics is NOT one of the four major ones discussed in class? Correct
answer-Simplification
Which of the following is NOT a characteristic of System 2 thinking? Correct answer-Effortless
Business analytics is sometimes described as "focused on self-service." Which of the statements
below captures the essence of that statement? Correct answer-There are no 'canned' reports
provided to users
Which of the following statements is generally ACCURATE? Correct answer-Analytics are more
useful in strategic than in tactical settings
, It uses the sum of the products of relative weights and ratings for individual criteria to evaluate
options and make an optimal choice Correct answer-Alternative evaluation matrix
Business _____ is/are focused on self-service Correct answer-Analytics
______ analytics focuses on describing events which have already taken place Correct answer-
Descriptive
Some students may have crammed for this exam and not spent the necessary weekly amount of time
to succeed. With respect to their grade, they may be most accurately classified Correct answer-
Satisficers
Which of the following is NOT one of the five unjustifiable assumptions in IS design according to
Ackoff (1867)? Correct answer-Computing power and storage improve every year
According to Davenport (2006) "the right focus" refers to... Correct answer-Spending the right
resources on the right effort
In Ackoff's 1967 article, data filtering and reduction are necessary activities to help eliminate...
Correct answer-The overabundance of irrelevant information
According to Davenport (2006), a "company-wide respect for measuring, testing, and evaluating
quantitative evidence" is the right... Correct answer-Culture
It is commonly-accepted knowledge that maximizers are better people than satisficers Correct
answer-False
The Availability Heuristic helps us make decisions based on... Correct answer-Vivid memories of
events or facts
Which of the following is NOT an appropriate descriptor of descriptive analytics? Correct answer-
Interactive
The Gartner Analytic Ascendancy Model (figure 1) shows... Correct answer-The increasing value of
progressively more difficult data analysis activities
Which of the following is NOT an appropriate descriptor of predictive analytics? Correct answer-
Static
Which of the following is inconsistent with Davenport's (2006) "enterprise approach" to competing
on analytics? Correct answer-Independent business units choosing best-in-class applications
The Representativeness Heuristic helps us make decisions based on... Correct answer-Previously-
formed opinions or stereotypes
Business ____ is/are mostly descriptive in nature Correct answer-Intelligence
The Confirmation Heuristic helps us make decisions based on... Correct answer-Verification of
selected data or facts in our possession
WITH ALL CORRECT & VERIFIED ANSWERS (UPDATED
TO PASS)
Which of the following statements is generally NOT ACCURATE about business intelligence, as
discussed in class? Correct answer-It is more useful in strategic than in tactical settings
Which of the following is NOT a characteristic of System 1 thinking? Correct answer-Explicit
Ackoff (Management Misinformation Systems, 1967) describes information overload as.. Correct
answer-An overabundance of irrelevant information
Knowledge which is codified, verbalized, accessible, and easily communicated is... Correct 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)... Correct 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 Correct answer-A data
strategy
Which of the following is NOT one of the three key attributes among analytics competitors discussed
in Davenport (2006)? Correct answer-Enterprise-wide use of descriptive statistics
"I knew it!" is a response typical of the ___ heuristic Correct answer-Confirmation
Per class discussion, the use of data visualization techniques is largely a hallmark of.. Correct
answer-Business Intelligence
Per class discussion, business intelligence tools and techniques are focused more on... Correct
answer-Describing what has happened
Davenport (2006) claims successful analytics competitors look well beyond the use of... Correct
answer-Descriptive statistics
_____ knowledge is not typically codified, verbalized, accessible, or easily communicated Correct
answer-Implicit
Which of the following heuristics is NOT one of the four major ones discussed in class? Correct
answer-Simplification
Which of the following is NOT a characteristic of System 2 thinking? Correct answer-Effortless
Business analytics is sometimes described as "focused on self-service." Which of the statements
below captures the essence of that statement? Correct answer-There are no 'canned' reports
provided to users
Which of the following statements is generally ACCURATE? Correct answer-Analytics are more
useful in strategic than in tactical settings
, It uses the sum of the products of relative weights and ratings for individual criteria to evaluate
options and make an optimal choice Correct answer-Alternative evaluation matrix
Business _____ is/are focused on self-service Correct answer-Analytics
______ analytics focuses on describing events which have already taken place Correct answer-
Descriptive
Some students may have crammed for this exam and not spent the necessary weekly amount of time
to succeed. With respect to their grade, they may be most accurately classified Correct answer-
Satisficers
Which of the following is NOT one of the five unjustifiable assumptions in IS design according to
Ackoff (1867)? Correct answer-Computing power and storage improve every year
According to Davenport (2006) "the right focus" refers to... Correct answer-Spending the right
resources on the right effort
In Ackoff's 1967 article, data filtering and reduction are necessary activities to help eliminate...
Correct answer-The overabundance of irrelevant information
According to Davenport (2006), a "company-wide respect for measuring, testing, and evaluating
quantitative evidence" is the right... Correct answer-Culture
It is commonly-accepted knowledge that maximizers are better people than satisficers Correct
answer-False
The Availability Heuristic helps us make decisions based on... Correct answer-Vivid memories of
events or facts
Which of the following is NOT an appropriate descriptor of descriptive analytics? Correct answer-
Interactive
The Gartner Analytic Ascendancy Model (figure 1) shows... Correct answer-The increasing value of
progressively more difficult data analysis activities
Which of the following is NOT an appropriate descriptor of predictive analytics? Correct answer-
Static
Which of the following is inconsistent with Davenport's (2006) "enterprise approach" to competing
on analytics? Correct answer-Independent business units choosing best-in-class applications
The Representativeness Heuristic helps us make decisions based on... Correct answer-Previously-
formed opinions or stereotypes
Business ____ is/are mostly descriptive in nature Correct answer-Intelligence
The Confirmation Heuristic helps us make decisions based on... Correct answer-Verification of
selected data or facts in our possession
