Question

In: Operations Management

1- Business intelligence can detect fraudlant practise in finance, banking, Insurance etc Select one: a. True...

1-

Business intelligence can detect fraudlant practise in finance, banking, Insurance etc

Select one:

a. True

b. False

2-

A spreadsheet is a computer application for organization, analysis and storage of data in tabular form.

Select one:

a. True

b. False

3-

Business Intelligence system is used by higher level of management in strategic decision making.

Select one:

a. True

b. False

4-

Which of the following is not a type of information system?

Select one:

a. Management Information System

b. Transaction Processing system

c. Operating System

d. Decision support system

5-

During extraction, the desired data is identified and extracted from many different sources, including

Select one:

a. Database systems and applications

b. Business and operating systems

c. Operating system and Application

6-

Very often, it is possible to identify the specific subset of interest During ETL

Select one:

a. True

b. False

7-

Which of the following is quantitative variable?

Select one:

a. Product Name

b. Price

c. Country

8-

Dashboards have

Select one:

a. None of Above

b. Both static and dynamic graphic

c. Static graphic

d. Dynamic graphic

9-

Use some variables to predict unknown or future values of other variable is an example of Prediction Methods.

Select one:

a. True

b. False

10-

Use some variables to predict unknown or future values of other variable is an example of Description Methods

Select one:

a. True

b. False

11-

Regression is also studied in the field of statistic

Select one:

a. False

b. True

12-

Which of the following is not Includeded in Modelling steps ?

Select one:

a. Selection of a modeling techniques

b. Testing the model

c. Build the model

d. Generate test data

13-

Most of big data is unstructured and semistructured in nature.

Select one:

a. False

b. True

14-

Extensible markup files are an example of

Select one:

a. Quasi structured Data

b. strucured Data

c. Semistructured Data

d. unstructured Data

15-

Analysis of large and complex data set can benefits

Select one:

a. organization and Individual both

b. organizations only

c. Individuals only

16-

Relational database management system and Excel spreedsheets are examples of

Select one:

a. strucured Data

b. Quasi structured Data

c. Semistructured Data

d. unstructured Data

17-

The shopping mall wants to analyze the path taken by you while purchasing groceries for your home, The shopping mall is

Select one:

a. Data buyer

b. Data collector

c. Data agregator

18-

A Electricity company wants to plan preventive maintainance, they can use BI for

Select one:

a. Wellness Management

b. Churn Management

c. Forecast Machinery failure

d. improvement of product quality

19-

The Alpha insurance wants to purchase the information about their prospective customers from oredoo, so

Select one:

a. oredoo and Alpha insurance both are data collector

b. Alpha insurance is data buyer and oredoo is data collector

c. oredoo and Alpha insurance both are data buyer

d. Alpha insurance is data collector and oreedoo is data buyer

20-

if you want analyze the data uploaded on Instagram, the approach used by you will be

Select one:

a. Big data Analytics

b. Data Minning

c. Business Intelligence

d. Statistics

Solutions

Expert Solution

1)False

Business Intelligence is basically used for data analysis. Business Intelligence provides with historical, current, and predictive views of business operations. Basic or common functions of BI include analytics, data mining, process mining, business performance management, predictive analytics, benchmarking , etc.BI helps to handle a large amounts of structured as well as unstructured data.

2)True

A spreadsheet is a computed based application where analysis and storage of data are being done in tabular form. A spreadsheet consists of a table of cells arranged into rows and columns.

3)True

Business Intelligence is being used generally for data analytics hence provide analysis report that cna be useful by the management for strategic decision making.Business Intelligence provides with quality data hence helps in taking proper decision.

4)Operating system

An operating system is not a type of information system. The information system consist of the Transaction processing system, Management information system, Decision support system, Executive information system. The operating system is a collection of software that manages computer hardware resources. An operating system is a vital component of system software.


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