BA Unit 1

The process of discovering patterns and insights from large datasets using statistical methods, machine learning, and artificial intelligence.

• Data Mining

• Data Visualization

• Data Warehousing

• Data Management

The graphical representation of data and information to facilitate understanding and decision-making. It includes charts, graphs, and dashboards.

• Data Mining

• Data Visualization

• Data Warehousing

• Data Management

A centralized repository for storing and managing data from various sources. It is designed for query and analysis rather than transaction processing.

• Data Warehousing

• Data Mart

• Data Management

• None of these

A subset of a data warehouse focused on a specific area or department within an organization. It contains summarized and aggregated data for a particular business function.

• Data Warehousing

• Data Mart

• Data Management

• None of these

A subset of artificial intelligence that enables computers to learn from data and improve performance without being explicitly programmed. It includes techniques such as regression, classification, clustering, and neural networks.

• Data Governance

• Machine Learning

• Natural Language Processing

• IoT

A branch of artificial intelligence that enables computers to understand, interpret, and generate human language. It is used in tasks such as sentiment analysis, language translation, and text summarization.

• Data Governance

• Machine Learning

• Natural Language Processing

• IoT

Analyzing historical data to gain insights into past performance. Examples include dashboards, scorecards, and data visualizations.

• Descriptive Analytics

• Predictive Analytics

• Prescriptive Analytics

• None of these

Forecasting future outcomes based on historical data patterns. Examples include regression analysis, time series forecasting, and predictive modeling.

• Descriptive Analytics

• Predictive Analytics

• Prescriptive Analytics

• None of these

Recommending actions to optimize future outcomes. Examples include optimization algorithms, decision trees, and simulation models.

• Descriptive Analytics

• Predictive Analytics

• Prescriptive Analytics

• None of these

The practice of basing decisions on data analysis and empirical evidence rather than intuition or gut feeling. It involves gathering, analyzing, and interpreting data to support decision-making processes.

• Data Management

• Data driven decision-making

• Hypothesis testing

• None of these