BUSI 303 QUIZ 6 EXAM SCRIPT 2026
COMPLETE QUESTIONS SOLUTIONS
APPROVED A+
◉ Big data make companies smart. Answer: True
◉ The three basic building blocks of business analytics are
technology, data, and people. Answer: False
◉ Today, business analytics are data driven rather than business
driven. Answer: False
◉ Big data can generate significant financial value across many
companies and industry sectors. Answer: True
◉ All of the following is correct except one when describing the
present day analytics
Fact based decision-making
Centrally managed
Entire organization
Decision focus
,Data driven. Answer: Data driven
◉ WNBA scouts research UA basketball star Rachel Tecca's college
scoring history to estimate how much they would blow away other
teams if she signed with them. This is an example of
Predictive Analytics
Prescriptive analytics
Descriptive Analytics
None of the above. Answer: Predictive Analytics
◉ Which is not considered a defining characteristic of Big Data?
Volume
Processing Complexity
Data Structure
Data Quality. Answer: Data Quality
◉ ______________ refers to the accuracy or trustworthiness of the big
data
Volume
, Value
Veracity
Velocity
None of the above. Answer: Veracity
◉ Which of the following questions is typically addressed via a
Business Intelligence project?
What will be the impact if we acquire a competing product?
What is the optimal product mix?
Why are we losing our 10% of our most valuable customers?
In which country did we have the highest sales last quarter?.
Answer: In which country did we have the highest sales last quarter?
◉ The three basic building blocks of business analytics are
technology, process, and people. Answer: True
◉ The five Vs of Big Data are volume, velocity, volatility, variety, and
veracity. Answer: False
◉ Unstructured data increases the veracity in the data. Answer:
False
COMPLETE QUESTIONS SOLUTIONS
APPROVED A+
◉ Big data make companies smart. Answer: True
◉ The three basic building blocks of business analytics are
technology, data, and people. Answer: False
◉ Today, business analytics are data driven rather than business
driven. Answer: False
◉ Big data can generate significant financial value across many
companies and industry sectors. Answer: True
◉ All of the following is correct except one when describing the
present day analytics
Fact based decision-making
Centrally managed
Entire organization
Decision focus
,Data driven. Answer: Data driven
◉ WNBA scouts research UA basketball star Rachel Tecca's college
scoring history to estimate how much they would blow away other
teams if she signed with them. This is an example of
Predictive Analytics
Prescriptive analytics
Descriptive Analytics
None of the above. Answer: Predictive Analytics
◉ Which is not considered a defining characteristic of Big Data?
Volume
Processing Complexity
Data Structure
Data Quality. Answer: Data Quality
◉ ______________ refers to the accuracy or trustworthiness of the big
data
Volume
, Value
Veracity
Velocity
None of the above. Answer: Veracity
◉ Which of the following questions is typically addressed via a
Business Intelligence project?
What will be the impact if we acquire a competing product?
What is the optimal product mix?
Why are we losing our 10% of our most valuable customers?
In which country did we have the highest sales last quarter?.
Answer: In which country did we have the highest sales last quarter?
◉ The three basic building blocks of business analytics are
technology, process, and people. Answer: True
◉ The five Vs of Big Data are volume, velocity, volatility, variety, and
veracity. Answer: False
◉ Unstructured data increases the veracity in the data. Answer:
False
