BCOR Business Analytics quiz 1 Latest Update -

BCOR Business Analytics quiz 1 Latest Update - Actual Exam Questions and 100% Verified Correct Answers Guaranteed A+

5G - CORRECT ANSWER: 5th generation wireless broadband tech baed on the standard engineered to greatly increase speed of networks

Affinity Grouping - CORRECT ANSWER: Relationships between variables and frequency of those relationships

Analytics - CORRECT ANSWER: the science of fact-based decision making

Bandwidth - CORRECT ANSWER: The max amount of data that can pass from one point to another in a unit of time

Big data - CORRECT ANSWER: A collection of large complex data sets, including structured and unstructured data which cannot be analyzed using a traditional data base methods and tools.

Blog - CORRECT ANSWER: Online journal that allows user to post what they want

Broadband - CORRECT ANSWER: a high speed internet connection that is always connected

Business analytics - CORRECT ANSWER: The scientific process of transforming data into insight for making better decisions

Business intelligence - CORRECT ANSWER: Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyze patterns trends, and relationships for strategic decision making.

Business Intelligence - CORRECT ANSWER: Information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making 1 / 2

ex. (Lowest sales per week compared to economic interest rates, best selling product by month compared to sports season and city team wins and losses)

Business understanding - CORRECT ANSWER: Gain a clear understanding of the business problem that must be solved and how it impacts the company

ex. identifying business goals, create plan

Cheif Information Officer (CIO) - CORRECT ANSWER: Oversees all uses of IT and ensures the strategic alignment of IT with business goals and objectives

cheif knowledge officer (CKO) - CORRECT ANSWER: Responsible for collecting, maintaining, and distributing the organization's knowledge

Cheif Privacy Officer (CPO) - CORRECT ANSWER: Responsible for ensuring the ethical and legal use of information

Cheif Security Officer (CSO) - CORRECT ANSWER: responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses

Cheif technology officer (CTO) - CORRECT ANSWER: Responsible for ensuring the throughput, speed, accuracy, availability, and reliability of IT

Chief Data Officer (CDO) - CORRECT ANSWER: responsible for determining the types of information the enterprise will capture, retain, analyze, and share

Classifiying analysis - CORRECT ANSWER: Organizing data and grouping them before hand

Cluster analysis - CORRECT ANSWER: Organizing data and grouping them after the fact while isolating them from other variables

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