intro do business analytics 1

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Uni. São Paulo *

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234234

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Information Systems

Date

Apr 29, 2024

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docx

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7

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What statement below best describes why we do data analytics in business? Refer to the following video for a refresher: video 1. 1 / 1 point Analytics improve our understanding of how the business works We must show a return on the investment we make in data & analytical resources We need specific insights to make business decisions We have to calculate & report financial results to owners / shareholders Correct The primary reason we do analytics in business is to enable specific decisions to be made. 2. Question 2 What should you consider as you approach an analytical problem and in which order? Identify correct order for the following ideas / steps. For example, if you think they are already in the correct order, correct answer would be ABCDEF. A. Sourcing Data B. Analysis Outputs C. Execute Analysis D. Analysis Methods E. Define Decision F. Data Needs Refer to the following video for a refresher: video 1. 1 / 1 point ABCDEF: A. Sourcing Data B. Analysis Outputs C. Execute Analysis D. Analysis Methods E. Define Decision F. Data Needs EBDAFC E. Define Decision B. Analysis Outputs D. Analysis Methods
A. Sourcing Data F. Data Needs C. Execute Analysis EBDFAC E. Define Decision B. Analysis Outputs D. Analysis Methods F. Data Needs A. Sourcing Data C. Execute Analysis BDFACE B. Analysis Outputs D. Analysis Methods F. Data Needs A. Sourcing Data C. Execute Analysis E. Define Decision Correct Correct! When we think backwards about analytical problems, we start with the decision to be made, consider the analysis outputs needed to make that decision, determine the type of analysis required, identify the data needed, find sources for the data, and THEN execute the analysis. 3. Question 3 What diagram below best describes the relationship between a mobile wireless carrier account holder and devices at a point in time?
A - shows oval with account connected to oval with device by straight line B - shows oval with account connected to oval with device by straight line – forked end on Account side C - shows oval with account connected to oval with device by straight line – forked end on Device side D - shows oval with account connected to oval with device by straight line – forked end on both sides Refer to the following video for a refresher: video 2. 0 / 1 point A B C D Incorrect 4. Question 4 For the next 5 questions that describe types of metrics, select a source that best describes where the following data might come from: The average temperature of a turbine bearing over the last 8 hours Refer to the following video for a refresher: video 1. 1 / 1 point Billing System Usage Tracking System Customer Relationship Management System Machine Data System Enterprise Resource Planning System Ticketing / Workflow System Correct 5. Question 5 Select a source that best describes where the following data might come from:
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