with Verified Answers
acquiring data, making sure the data are valid, and then storing and processing
the data into usable information for a business. - CORRECT ANSWER Key Data
Management Processes
sorting through structured, unstructured, and semi-structured data to normalize
them into a data warehouse and arrive at a structure to make sure they are usable
- CORRECT ANSWER scrubbing the data
structured, usable format - CORRECT ANSWER normalized
Strategies and technologies used by enterprises for the data analysis of business
information - CORRECT ANSWER Business Intelligence
applying statistics and logic techniques to define, illustrate, and evaluate data.
Simply stated, data analysis attempts to make sense of an organization's collected
data, turn those data into useful information, and validate the organization's
future decisions - CORRECT ANSWER Data Analysis
is the examination of huge sets of data to find patterns and connections and
identify outliers. Data mining also provides insight into relationships that the user
may not recognize but that are useful as information. - CORRECT ANSWER Data
Mining-Data Discovery
, tries to catalog phrases of an organization's customer feedback into relevant
topics. For example, if a customer said, "the barista was friendly," that would be
categorized under the topic "Employee Friendliness." - CORRECT ANSWER Topic
Analytics
hunts through unstructured text data to look for useful patterns such as whether
their customers on Facebook or Instagram are unsatisfied with the organization's
products or services. - CORRECT ANSWER Text Analytics-Text Mining
attempts to make connections between data so organizations can try to predict
future trends that may give them a competitive advantage. Business analytics can
also uncover computer system inadequacies within an organization. 3 forms;
Descriptive; predictive; & decision Analytics - CORRECT ANSWER Business
Analytics
categorizing the information; defines past data you already have that can be
grouped into significant pieces, like a department's sales results, and also start to
reveal trends. - CORRECT ANSWER Descritptive Analytics
attempts to reveal future patterns in a marketplace, essentially trying to predict
the future by looking for data correlations between one thing and any other
things that pertain to it. - CORRECT ANSWER Predictive Analytics
obtains, authenticates, stores, and protects data and then processes the data to
ensure that they are accessible, reliable, secure, and timely. - CORRECT ANSWER
The Data Management Process