Chapter 1

Question 1

What is the age of lots of data

Answer 1

information age

Question 2

What are devices that can connect and share data without human intervention

Answer 2

Internet of Things

Question 3

What refers to devices that connect directly to other devices

Answer 3

machine to machine

Question 4

What are the core drivers of the information age

Answer 4

Data, Information, Business intelligence, and knowledge

Question 5

What are the raw facts that describe the characteristics of an event or object

Answer 5

Data

Question 6

what is data converted into a meaningful and useful context

Answer 6

Information

Question 7

what is information collected from multiple sources that analyzes trends, patterns, and relationships for strategic decision making

Answer 7

Business Intelligence

Question 8

What are the skills, experience, and expertise, coupled with information and intelligence, that creates a person’s intellectual resources

Answer 8

Knowledge

Question 9

What is a collection of large complex datasets, which cannot be analyzed using traditional database methods and tools

Answer 9

Big Data

Question 10

What is the term used to describe the uncertainty of data, including biases, noise, and abnormalities.

Answer 10

Veracity

Question 11

What is the scale of data

Answer 11

Volume

Question 12

What is the term to describe different forms of structured and unstructured data

Answer 12

Variety

Question 13

What is the term used to describe the analysis of streaming data s it travels around the internet

Answer 13

Velocity

Question 14

What is the type of data that has a defined length, type, and format that includes numbers dates, or strings such as Customer Address

Answer 14

Structured Data

Question 15

What kind of data is created by a machine without human intervention

Answer 15

machine-generated data

Question 16

what is the type of data that humans, in interaction with computers, generate

Answer 16

human-generated data

Question 17

What is the type of data that is not defined and does not follow a specified format

Answer 17

Unstructured Data

Question 18

How does machine generated unstructured data compile

Answer 18

through satellite images, scientific atmosphere data, and radar data

Question 19

How does human generated unstructured data compile

Answer 19

through text messages, social media data, and emails

Question 20

What is the view of data at a particular moment in time

Answer 20

snapshot

Question 21

What is data converted into a meaningful and useful content

Answer 21

information

Question 22

what is a document containing data organized in a table, matrix, or graphical format allow users to easily comprehend and understand information

Answer 22

report

Question 23

what type of report is created once based on data that does not change

Answer 23

static report

Question 24

what type of report is created that changes automatically during creation

Answer 24

dynamic report

Question 25

what is a data characteristic that stands for a value that changes or varies over time

Answer 25

variable

Question 26

what is information collected from multiple suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making

Answer 26

Business Intelligence

Question 27

What is the science of fact-based decision making

Answer 27

Analytics

Question 28

what is the scientific process of transforming data into insight for making better decisions

Answer 28

Business Analytics

Question 29

What is the type of scientist that extract knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market change, and other relevant information

Answer 29

Data Scientist

Question 30

What type of analytic technique is used to describe past performance and history

Answer 30

description analytics

Question 31

What type of analytic technique is used to extract information from data to predict future trends and identify behavioral patterns

Answer 31

predictive analytics

Question 32

what type of analytic technique is used to create models indicating the best section to make or course of action to take

Answer 32

prescriptive analytics

Question 33

What are the mathematical formulas placed in software that performs an analysis on a dataset

Answer 33

algorithms

Question 34

what is the process of identifying rare or unexpected items or events in a dataset that do not conform to other items in the dataset

Answer 34

anomaly detection

Question 35

what is the type of data value that is numerically distant from most of the other data points in a dataset

Answer 35

outlier

Question 36

What are individuals valued for their ability to interpret and analyze information

Answer 36

knowledge workers

Question 37

what is the term for the human, structural, and recorded resources available to the organization, also known as intellectual capital

Answer 37

knowledge assets

Question 38

What helps harness the wealth of knowledge in the organization

Answer 38

knowledge facilitators

Question 39

what is a segment of a company representing a specific business function

Answer 39

business unit

Question 40

what occurs when one business unit is unable to freely communicate with other business units making it difficult or impossible for organizations to work cross-functionally

Answer 40

information silo

Question 41

what is the ability for data to be collected, analyzed, and accessible to all users

Answer 41

data democratization

Question 42

What is a collection of parts that link to achieve a common purpose

Answer 42

system

Question 43

what are material items or products that customers will buy to satisfy a want or need

Answer 43

goods

Question 44

what are tasks performed by people that customers will buy to satisfy a want or need

Answer 44

services

Question 45

what is the process where a business takes raw materials and process them or converts them into a finished produce for its goods or services

Answer 45

production

Question 46

what is the way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part

Answer 46

systems thinking

Question 47

What is a business function that moves information about people, products, and process across the company to facilitate decision making and problem solving

Answer 47

Management Information Systems

Question 48

What is the term used to describe the difference between the cost of inputs and the value of price of outputs.

Answer 48

value-added