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Business Intelligence and Analytics Final Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified Which of the following statements is generally NOT ACCURATE about business intelligence, as discussed in class? - It is more useful in strategic than in tactical settings Which o...

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Business Intelligence and Analytics Final Exam
Questions with 100% Correct Answers | Latest
Version 2024 | Verified
Which of the following statements is generally NOT ACCURATE about business intelligence, as discussed
in class? - ✔✔It is more useful in strategic than in tactical settings



Which of the following is NOT a characteristic of System 1 thinking? - ✔✔Explicit



Ackoff (Management Misinformation Systems, 1967) describes information overload as.. - ✔✔An
overabundance of irrelevant information



Knowledge which is codified, verbalized, accessible, and easily communicated is... - ✔✔Explicit



Dr. Mendoza obsessed over whether questions on this test were fair and clear (he was much less
concerned with 'easy'). He is likely a(n)... - ✔✔Maximizer



Davenport (2006) describes it, among other things, as developing standard formats, storage policies and
access policies, archival procedures, and proper owners and users - ✔✔A data strategy



Which of the following is NOT one of the three key attributes among analytics competitors discussed in
Davenport (2006)? - ✔✔Enterprise-wide use of descriptive statistics



"I knew it!" is a response typical of the ___ heuristic - ✔✔Confirmation



Per class discussion, the use of data visualization techniques is largely a hallmark of.. - ✔✔Business
Intelligence



Per class discussion, business intelligence tools and techniques are focused more on... - ✔✔Describing
what has happened

, Davenport (2006) claims successful analytics competitors look well beyond the use of... - ✔✔Descriptive
statistics



_____ knowledge is not typically codified, verbalized, accessible, or easily communicated - ✔✔Implicit



Which of the following heuristics is NOT one of the four major ones discussed in class? -
✔✔Simplification



Which of the following is NOT a characteristic of System 2 thinking? - ✔✔Effortless



Business analytics is sometimes described as "focused on self-service." Which of the statements below
captures the essence of that statement? - ✔✔There are no 'canned' reports provided to users



Which of the following statements is generally ACCURATE? - ✔✔Analytics are more useful in strategic
than in tactical settings



It uses the sum of the products of relative weights and ratings for individual criteria to evaluate options
and make an optimal choice - ✔✔Alternative evaluation matrix



Business _____ is/are focused on self-service - ✔✔Analytics



______ analytics focuses on describing events which have already taken place - ✔✔Descriptive



Some students may have crammed for this exam and not spent the necessary weekly amount of time to
succeed. With respect to their grade, they may be most accurately classified - ✔✔Satisficers



Which of the following is NOT one of the five unjustifiable assumptions in IS design according to Ackoff
(1867)? - ✔✔Computing power and storage improve every year

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