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What level of measurement is temperature measured on the Fahrenheit scale? → Interval What level of measurement is an automobile license plate number? → Nominal What level of measurement is income earned this week at your job? → Ratio What level of measurement are the top 3 airline companies in U.S.? → Ordinal Voting behavior in Lee County in each election for the past 4 years. → Time series data Number of students who were enrolled in BUAL 2600 for Fall Semester, 2017. → ...

An identification of police officers by rank would represent a (blank) level of measurement → Ordinal What is the Analytic Process in order? → Know the business problem, choose data-sourcing method, collect descriptives, make prediction, ask next question In the analytic process, the step after the descriptives is.... → Make Prediction A (blank) variable can have values that indicate into which of several categories of a population it belongs → qualitative A persons telephone...

Which of the following is a quantitative variable? → Mileage of a car In the Analytic Process, the next step after the descriptives (descriptives is the data that has occurred up to the current point in time) have been collected, is to use the data to: → Make predictions A ________ variable takes on values that are numbers on the real number line. → quantitative A person's telephone area code is an example of a(n) ________ variable. → nominative A doctor's office needs to...

In the Procure to Pay business process, the company is playing the role of the ________________? A) Vendor B) Supplier C) Customer D) Manufacturer E) Both A and B → C) Customer Which of these is not an information processing step as learned in this class? A) Record Data B) Report Information C) Maintain Data D) Analyze Data E) None of these are information processing steps. → D) Analyze Data Which of the following source document data flows is created during a typical Procure...

Visualization definition → Help people understand the significance of data by placing it in a visual context Do ".csv" files contain formulas and formatting? → No Disruptive Technology examples → 3D, Uber, Netflix, Amazon Prime Botnet definition → Network of computers infected with malware that can be controlled by a hacker known as a "bot master" Types of Tableau workbook sheets (3 types) → Worksheet, story, dashboard Cloud computing function examples (4 functi...

Which of the following is not a typical event in the Procure to Pay business process? A) Deliver Goods/Services to Customer B) Store and Maintain Goods C) All of these are typical events in the Procure to Pay process. D) Identify a need E) Receive and Inspect Goods/Services from a Vendor → A) Deliver Goods/Services to Customer In regard to Big Data, differences in the types/sources of data (structured, unstructured or semi-structured) are referred to as: A) Validity B) Variety C) V...

Why do organizations perform business processes? → to reach strategic business goals How is a business event related to a business process? → By analyzing business events, we can more easily identify the data needs of a business process. Name and describe the three core interdependent business processes that are common to all organizations. → Procure to Pay (selling) → Order to Cash (buying) → Conversion (making) Name and describe the four common business events for the bus...

selling "things" event → Order to cash process Order to cash process → 1. market (market goods or services) → 2. negotiate (negotiate terms of a sales order) → 3. select and inspect → 4. prepare (prepare goods/services for delivery) → 5. deliver (deliver goods/services to customer) → 6. receive payment → 7. negotiate (negotiate terms/accept return) Buying "things" event → procure to pay process Procure to Pay process → 1. identify (identify a need)...

For-profit organizations → organizations strive to generate a profit (revenue in excess of expenses). These profits can be reinvested into the company or distributed to owners and/or shareholders. → → take several legal forms such as unincorporated (sole proprietorships or partnerships), corporations (C Corporations and S Corporations) and limited liability companies (LLC). Not for Profit organizations → organizations strive to provide particular services to constituents (e.g., ...

What source document is used to summarize/document each receipt of goods? A. Both Packing Slip and Receiving Report B. Packing Slip C. Receiving Report D. Picking Slip E. Bill of Lading → C. True or False? In database, each record is made up of a collection of columns called fields. → True For some companies, traditional operational databases are not enough. Which of the following explains why? A. You need specially trained professionals to oversee them. B. They can't proce...