Chap 1-3

Chap 1-3

University

39 Qs

quiz-placeholder

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Chap 1-3

Chap 1-3

Assessment

Quiz

Business

University

Easy

Created by

GUTIERREZ, Y.

Used 7+ times

FREE Resource

39 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

is the process of analyzing data from different sources and summarizing it into relevant information that can be used to help increase revenue and decrease costs. Its primary purpose is to find correlations or patterns among dozens of fields in large databases

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

is the presentation of data in a pictorial or graphical format. It enables decision makers to see analytics presented visually, so they can grasp difficult concepts or identify new patterns.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

is the process of assessing the likelihood of an adverse event occurring within the corporate, government, or environmental sector.

 

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

are data management solutions implemented in companies and enterprises to collect historical and present data, while using statistics and software to analyze raw information, and deliver insights for making better future decisions

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

is a translation of the key characteristics of the business problem you are trying to solve

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

4 Types of business analytics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

this type of analytics describes or summarizes a business’s existing data to get a picture of what has happened in the past or is happening currently

Descriptive

Diagnostic

Predictive

Prescriptive

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