Week 4 Flashcards

(14 cards)

1
Q

providing an overview of key metrics

A

dashboards

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2
Q

analyzing data from multiple perspectives

A

OLAP

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3
Q

moving data between different storage systems

A

ETL tools

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4
Q

finding patterns and insights in large data sets

A

data mining

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5
Q

turning data into visual formats like charts and graphs

A

data visualization

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6
Q

tracking sales numbers to evaluate a marketing campaign

A

performance metrics in BI

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7
Q

using data to tell a clear story for decision making

A

data storytelling BI

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8
Q

type of database is used in a BI system to store large amounts of data for quick access

A

data warehouse

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9
Q

asking specific questions to check data accuracy

A

querying

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10
Q

real time marketing campaign dashboards

A

modern BI tools

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11
Q

which is an advantage of using modern BI tools

a. allows business users to quickly analyze data

b. requires in depth IT knowledge

A

a. allows business users to quickly analyze data

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12
Q

helps in finding patterns and insights in large data sets

A

data mining

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13
Q

analyzing data samples to understand larger data sets

A

statistical analysis

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14
Q

which is main difference of BI and Business Analytics

a. BI uses dashboards, Business Analytics uses reports

b. BI focuses on historical data, while Business Analytics predicts future trends

A

b. BI focuses on historical data, while Business Analytics predicts future trends

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