
BUS ANL - PRELIM
Authored by Mae Yarn
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University
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1.
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1 min • 1 pt
is the use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about their business operations and make better, fact-based decisions.
2.
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1 min • 1 pt
facilitated the collection, management, analysis, and reporting of data
3.
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1 min • 1 pt
BI has evolved into the modern discipline we now call
4.
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1 min • 1 pt
is focused on better understanding characteristics and patterns among variables in large databases using a variety of statistical and analytical tools.
is focused on better understanding characteristics and patterns among variables in large databases using a variety of statistical and analytical tools.
5.
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1 min • 1 pt
relies on spreadsheet models and statistical analysis to examine the impacts of uncertainty in the estimates and their potential interaction with one another on the output variable on interest.
relies on spreadsheet models and statistical analysis to examine the impacts of uncertainty in the estimates and their potential interaction with one another on the output variable on interest.
6.
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1 min • 1 pt
is used to assess the sensitivity of optimization models to changes in data inputs and provide better insight for making good decisions.
is used to assess the sensitivity of optimization models to changes in data inputs and provide better insight for making good decisions.
7.
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1 min • 1 pt
most useful component of business analytics
most useful component of business analytics
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