Data Analytics Overview Flashcards
data analytics is applying models than generating them
true/false
true
What are the 2 processes in data knowledge discovery
data mining
forecasting
slicing and dicing is a process in data _________
exploration
________ & _________ are the processes in data exploration
slicing and dicing
reporting
Business intelligence data is highly descriptive in nature
Yes
_______ is the core of manufacture planning
demand forecasting
_______ is a type of data analysis used in the core of manufacture planning
demand forecasting
__________ & __________in supply chain utilize analytics
selecting suppliers
optimizing distribution
_________ data is used for audit analyis in analytics
data from internal systems
Budgeting and forecasting is done based on the
historical data and knowledge of business environment