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A data mart is the process of analyzing data to extract information not offered by the raw data alone.

A) True
B) False

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What is source data?


A) Identifies the primary location where data is collected.
B) A storage repository that holds a vast amount of raw data in its original format until the business needs it.
C) A technique for establishing a match, or balance, between the source data and the target data warehouse.
D) An approach to business governance that values decisions that can be backed up with verifiable data.

E) None of the above
F) All of the above

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Managers can use BI to answer tough business questions.Which of the following describes the value of knowing where the business has been?


A) A historical perspective offers important variables for determining trends and patterns.
B) Looking at the current business situation allows managers to take effective action to solve issues before they grow out of control.
C) Setting strategic direction is critical for planning and creating solid business strategies.
D) None of these.

E) C) and D)
F) All of the above

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How would the insurance industry use business intelligence?


A) Analyze popular vacation locations with current flight listings.
B) Understand customer credit card usage and nonpayment rates.
C) Compare the demographics of patients with critical illnesses.
D) Predict claim amounts and medical coverage costs.

E) B) and C)
F) A) and B)

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Which of the following is a problem associated with dirty data?


A) Inaccurate data
B) Misleading data
C) Non formatted data
D) All of these

E) C) and D)
F) A) and B)

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Which of the following is a problem associated with dirty data?


A) Duplicate data
B) Incorrect data
C) Violates business rules
D) All of these

E) B) and C)
F) A) and D)

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What is extraction, transformation, and loading?


A) It is a process of entering data, tracking data, and loading it into a database
B) It is a process that extracts information from internal and external databases, transforms it using a common set of enterprise definitions, and loads it into a data warehouse
C) It is a process that is performed at the end of the data warehouse model prior to putting the information in a cube
D) It is a process that is performed at the beginning of the data mining model

E) B) and C)
F) A) and B)

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Business intelligence can provide managers with the ability to make better decisions.Which of the following is not an example of how different industries use business intelligence?


A) Predict claim amounts and medical coverage costs.
B) Track crime patterns, locations, and criminal behavior.
C) Identify the primary locations where data is collected.
D) Predict sales, inventory levels, and distribution.

E) All of the above
F) A) and B)

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What is a data broker?


A) A business that collects personal information about consumers and sells that information to other organizations.
B) A storage repository that holds a vast amount of raw data in its original format until the business needs it.
C) A technique for establishing a match, or balance, between the source data and the target data warehouse.
D) An approach to business governance that values decisions that can be backed up with verifiable data.

E) None of the above
F) A) and B)

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Comparative analysis can help managers with competitive monitoring where a company keeps tabs of its competitor's activities on the web using software that automatically tracks all competitor website activities such as discounts and new products.

A) True
B) False

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ETL, within a data warehouse model, stands for exit, track, and load.

A) True
B) False

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Dirty data is erroneous or flawed data.The complete removal of dirty data from a source is impractical or virtually impossible.

A) True
B) False

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A data lake is a storage repository that holds a vast amount of raw data in its original format until the business needs it.

A) True
B) False

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Companies can choose information cleansing software from several vendors.Which of the following is not a vendor mentioned in your text?


A) Oracle.
B) SAS.
C) Ascential Software.
D) McAffee.

E) A) and B)
F) A) and C)

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Which of the following questions is an example of how managers can use BI to answer tough business questions?


A) Where has the business been?
B) Where is the business now?
C) Where is the business going?
D) All of these.

E) All of the above
F) A) and D)

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What is a central location in which data is stored and managed?


A) Repository
B) Data warehouse
C) Data aggregation
D) Data broker

E) A) and B)
F) C) and D)

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Define a data warehouse and provide a few reasons it can make a manager more effective.

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A data warehouse is a logical collection...

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A data mart contains a subset of data warehouse information.

A) True
B) False

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Why were data warehouses created?


A) Numbers and types of operational databases increased as businesses grew.
B) Many companies had information scattered across multiple systems with different formats.
C) Completing reporting requests from numerous operational systems took days or weeks.
D) All of these.

E) None of the above
F) A) and D)

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Which of the following questions can be answered using business intelligence?


A) Where has the business been?
B) Where is the business now?
C) Where is the business going?
D) All of these.

E) All of the above
F) A) and C)

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