Intelligence Practice Exam| Questions with i,- i,- i,- i,- i,-
Verified Answers & Detailed Rationale | 100% i,- i,- i,- i,- i,- i,- i,-
Correct | Latest 2025/2026 Update. i,- i,- i,- i,-
The fundamental goal of business intelligence analytics is to:
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A.Obtain all pertinent data i,- i,- i,-
B.Check the veracity of the data selected
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C.Derive the one truth within the information that addresses the
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question
D.Make the most appropriate decision
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truth within the information that addresses the question
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Explanation: The one truth enables better decision-making. Better
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decisions can be made when information has been discerned to
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be the correct information and it is not argued that other
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information and other decision possibilities are valid. A goal of
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"one truth" helps to focus attention.
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The three key large-scale mistakes in business analytics are:
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A.Sampling errors, errant analytics applications, and loss of focus.
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,B.Unsubstantiated inferences from samples to larger populations, i,- i,- i,- i,- i,- i,- i,-
undetected data "noise,", and loss of focus. i,- i,- i,- i,- i,- i,-
C.Difficulty in isolating and explaining patterns in the data,
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ignoring the processes under the data, and the fallacy of
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"explaining everything one detects." i,- i,- i,-
D.Sophistication compensating for a lack of data, difficulty finding i,- i,- i,- i,- i,- i,- i,- i,- i,-
and explaining patterns in the data, and equating correlation with
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causation. D. Sophistication compensating for a lack of data,
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difficulty finding and explaining patterns in the data, and
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equating correlation with causation.
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Explanation: The key point is that as business intelligence/analytic
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work increases and there is pressure to move more quickly, one
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needs to move cautiously and thoughtfully. In an attempt to
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explore everything, one often detects randomness or "noise" in
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the system that is mistakenly thought to be meaningful. These
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three large-scale mistakes destroy the credibility of an analysis.
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Traditionally, the healthcare delivery continuum is structured as:
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A.Physician-dominated
B.Patient-centric
C.Provider services-centric i,-
D.Payer-and-fee-for-service-centric i,-i,- i,- C. Provider services-
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centric
,Explanation: The traditional healthcare perspective is "what
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services do we provide and where do we provide them?" This
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perspective has led to a system focused on acute-care treatment.
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Prescriptive analysis is an emergent area that uses hybrid data to:
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A.Predict what will happen
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B.Diagnosis problems i,-
C.Correct misapplication of descriptive analysis
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D.Indicate what should be done i,- i,- i,- i,- i,-i,- i,- D. Indicate what should be
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done
Explanation: Predictive analysis uses hybrid data (which might
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include historical, real-time, internal or external, structured or
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unstructured, and others) with business rules and mathematical
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models to indicate what should be done.
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The following options are attributes surrounding databases and
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reporting applications. Select the correct options and select See
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Results.
A. A decision-support function involving the framing and
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formatting of reports and relatively basic descriptive analytics, if
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any analytics at all
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, B. Often is still performed in a team environment
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C. The output is typically of a simplistic, descriptive, and analytic
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nature providing quantities, comparisons, percentiles and maybe
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trend lines on graphs i,- i,- i,-
D. Work has been financially focused in nature
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Consumers have played a role in the creation and maintenance of
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a flawed and disconnected healthcare delivery system through
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one specific reality:
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A.Consumers generally don't take good care of their health. i,- i,- i,- i,- i,- i,- i,- i,-
B.Consumers engage actively in competitive shopping for services. i,- i,- i,- i,- i,- i,- i,-
C.Consumers are resistant to "sticker shock" i.e., prices are a i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
secondary concern. i,-
D.Consumers are disconnected from the impact of their economic i,- i,- i,- i,- i,- i,- i,- i,- i,-
decisions. D. Consumers are disconnected from the impact of
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their economic decisions.
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Explanation: This is the correct answer. It's a problem when i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
consumers of anything are disconnected from the economics of
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their decisions. Limited cost for consuming the resources
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predisposes the consumer to always prefer more. Providers see i,- i,- i,- i,- i,- i,- i,- i,- i,-
opportunity-potential markets and become reluctant to integrate i,- i,- i,- i,- i,- i,- i,-
or connect.
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