Question

Super Crunchers is a book that:

A. Discusses about real life examples

B. Talks about number crunching ideas

C. Uses statistical analysis to drive all kinds of choices

D. Uses data to support different studies

In the Introduction (Marr) ,what is the best suggestion when it comes to designing KPI’s?

A. Design it based on your unique circumstances and information needs.

B. Design it based on strategies employees were trained to do.

C. Design it based on goals set by the management

D. Design it based on mission, and vision of your organization.

Business Intelligence includes:

A. Frequency, Source, Measure, and Target

B. Regression, Random sample, Prediction, and Population

C. Performance, Analytics, Prediction modeling, and Data mining

D. Super crunching, Data analysis, and Collaborative filtering

Answer 1

Super Crunchers is a book that:

CORRECT ANSWER C. Uses statistical analysis to drive all kinds of choices

Why Thinking-by-Numbers anew way to be smart , this book is about how numerical analysis of social behaviour and natural experiment can be used in making real life choices.

The rest options donot clearly explain about the book. It is not based on real life examples and neither it support any studies nor talks about number crunching ideas.

In the Introduction (Marr) ,what is the best suggestion when it comes to designing KPI’s?

CORRECT ANSWER C. Design it based on goals set by the management

When a company needs to decide its KPI it should all be linked to the objective of the organisation which is the main goal and therefore the rest options are not the best suggestion.

Business Intelligence includes:

CORRECT ANSWER C. Performance, Analytics, Prediction modeling, and Data mining

Major functions of business intelligence along with Performance, Analytics, Prediction modeling, and Data mining include reporting, , benchmarking, , complex event processing, , text mining, online analytical processing, and prescriptive analytics. Therefore the rest of the options are incorrect as they are not the funtions of business intelligence.