ISA 235 Ch. 6.2 Data: Business Intelligence- Business
Intelligence questions with verified answers
3 elements of data mining Ans✓✓✓ data
discovery
deployment
advanced data analytics Ans✓✓✓ behavioral
correlation
exploratory
pattern recognition
social media
speech
text
web
affinity grouping analysis Ans✓✓✓ reveals the relationship between
variables along with the nature and frequency of the relationships; aka
association rule generators
algorithms Ans✓✓✓ mathematical formulas placed in software that
performs an analysis on the data set
analysis paralysis Ans✓✓✓ occurs when the user goes into an
emotional state of over-analysis (or over-thinking) a situation so that a
, decision or action is never taken, in effect paralyzing the outcome; aka
the story of my life
analytics Ans✓✓✓ the science of fact-based decision making
anomaly detection Ans✓✓✓ the process of identifying rare or
unexpected items or events in a data set that do not conform to other
items in the data set
behavioral analysis Ans✓✓✓ using data about people's behaviors to
understand intent and predict future actions
BI dashboards Ans✓✓✓ track corporate metrics such as critical success
factors and key performance indicators and include advanced
capabilities such as interactive controls, allowing users to manipulate
data for analysis
big data Ans✓✓✓ a collection of large, complex data sets, including
structured and unstructured data which cannot be analyzed using
traditional database methods and tools
Business focus areas of big data Ans✓✓✓ data mining
data analysis
data visualization
Intelligence questions with verified answers
3 elements of data mining Ans✓✓✓ data
discovery
deployment
advanced data analytics Ans✓✓✓ behavioral
correlation
exploratory
pattern recognition
social media
speech
text
web
affinity grouping analysis Ans✓✓✓ reveals the relationship between
variables along with the nature and frequency of the relationships; aka
association rule generators
algorithms Ans✓✓✓ mathematical formulas placed in software that
performs an analysis on the data set
analysis paralysis Ans✓✓✓ occurs when the user goes into an
emotional state of over-analysis (or over-thinking) a situation so that a
, decision or action is never taken, in effect paralyzing the outcome; aka
the story of my life
analytics Ans✓✓✓ the science of fact-based decision making
anomaly detection Ans✓✓✓ the process of identifying rare or
unexpected items or events in a data set that do not conform to other
items in the data set
behavioral analysis Ans✓✓✓ using data about people's behaviors to
understand intent and predict future actions
BI dashboards Ans✓✓✓ track corporate metrics such as critical success
factors and key performance indicators and include advanced
capabilities such as interactive controls, allowing users to manipulate
data for analysis
big data Ans✓✓✓ a collection of large, complex data sets, including
structured and unstructured data which cannot be analyzed using
traditional database methods and tools
Business focus areas of big data Ans✓✓✓ data mining
data analysis
data visualization
