MBA 6360 EXAM 1 QUESTIONS AND ANSWERS
100% VERIFIED
Fact - ANSWER The confirmation or validation of an event or object
Information age - ANSWER A time infinite quantities of facts are widely available to anyone
who can use a computer
Examples of the power of business and technology - ANSWER •Amazon - Original business
focus was to sell books
•Netflix - Original business focus weas to rent videos via mailboxes
•Zappos - Original business focus was to sell shoes
Internet of Things (IoT) - ANSWER A world where interconnected Internet-enabled devices or
"things" have the ability to collect and share data without human intervention
Machine-to-Machine (M2M) - ANSWER Refers to devices that connect directly to other
devices
The core drivers of the information age - ANSWER data, information, business intelligence,
knowledge
,Data - ANSWER Raw facts that describe the characteristics of an event or object
Big data - ANSWER A collection of large, complex datasets, which cannot be analyzed using
traditional database methods and tools
Variety - ANSWER Different forms of structured and unstructured data
Veracity - ANSWER The uncertainty of data, including biases, noise, and abnormalities
Volume - ANSWER The scale of data
Velocity - ANSWER The analysis of streaming data as it travels around the Internet
Structured data - ANSWER Has a defined length, type, and format and includes numbers,
dates, or strings such as Customer Address format
Machine-generated data - ANSWER Created by a machine without human intervention
Human-generated data - ANSWER Data that humans, in interaction with computers, generate
Unstructured data - ANSWER Not defined, does not follow a specified format, and is typically
free-form text such as emails, Twitter tweets, and text messages does not follow a specified
,format
Machine-generated unstructured data - ANSWER Such as satellite images, scientific
atmosphere data, and radar data
Human-generated unstructured data - ANSWER Such as text messages, social media data,
and emails
structured data - ANSWER Sensor data
Weblog data
Financial data
Click-stream data
Point of sale data
Accounting data
unstructured data - ANSWER Satellite images
Photographic data
Video data
Social media data
Text message
Voice mail data
, Information - ANSWER Data converted into a meaningful and useful context
Variable - ANSWER A data characteristic that stands for a value that changes or varies over
time
Report - ANSWER A document containing data organized in a table, matrix, or graphical
format allowing users to easily comprehend and understand information
Dynamic report - ANSWER Changes automatically during creation
Static report - ANSWER Created once based on data that does not change
Business intelligence - ANSWER Information collected from multiple sources such as
suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making
Data analyst - ANSWER Collects, queries, and consumers organizational data to uncover
patterns and provide insights for strategic business decision making
Analytics - ANSWER The science of fact-based decision making
100% VERIFIED
Fact - ANSWER The confirmation or validation of an event or object
Information age - ANSWER A time infinite quantities of facts are widely available to anyone
who can use a computer
Examples of the power of business and technology - ANSWER •Amazon - Original business
focus was to sell books
•Netflix - Original business focus weas to rent videos via mailboxes
•Zappos - Original business focus was to sell shoes
Internet of Things (IoT) - ANSWER A world where interconnected Internet-enabled devices or
"things" have the ability to collect and share data without human intervention
Machine-to-Machine (M2M) - ANSWER Refers to devices that connect directly to other
devices
The core drivers of the information age - ANSWER data, information, business intelligence,
knowledge
,Data - ANSWER Raw facts that describe the characteristics of an event or object
Big data - ANSWER A collection of large, complex datasets, which cannot be analyzed using
traditional database methods and tools
Variety - ANSWER Different forms of structured and unstructured data
Veracity - ANSWER The uncertainty of data, including biases, noise, and abnormalities
Volume - ANSWER The scale of data
Velocity - ANSWER The analysis of streaming data as it travels around the Internet
Structured data - ANSWER Has a defined length, type, and format and includes numbers,
dates, or strings such as Customer Address format
Machine-generated data - ANSWER Created by a machine without human intervention
Human-generated data - ANSWER Data that humans, in interaction with computers, generate
Unstructured data - ANSWER Not defined, does not follow a specified format, and is typically
free-form text such as emails, Twitter tweets, and text messages does not follow a specified
,format
Machine-generated unstructured data - ANSWER Such as satellite images, scientific
atmosphere data, and radar data
Human-generated unstructured data - ANSWER Such as text messages, social media data,
and emails
structured data - ANSWER Sensor data
Weblog data
Financial data
Click-stream data
Point of sale data
Accounting data
unstructured data - ANSWER Satellite images
Photographic data
Video data
Social media data
Text message
Voice mail data
, Information - ANSWER Data converted into a meaningful and useful context
Variable - ANSWER A data characteristic that stands for a value that changes or varies over
time
Report - ANSWER A document containing data organized in a table, matrix, or graphical
format allowing users to easily comprehend and understand information
Dynamic report - ANSWER Changes automatically during creation
Static report - ANSWER Created once based on data that does not change
Business intelligence - ANSWER Information collected from multiple sources such as
suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and
relationships for strategic decision making
Data analyst - ANSWER Collects, queries, and consumers organizational data to uncover
patterns and provide insights for strategic business decision making
Analytics - ANSWER The science of fact-based decision making
