Business Analytics Quiz
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Questions and Answers

What is the primary focus of business intelligence?

  • Measuring past performance and guiding business planning (correct)
  • Analytical modeling and numerical analysis
  • Fully automated decision making
  • Developing new insights and understanding of business performance

What distinguishes business analytics from business intelligence?

  • Business analytics uses only numerical analysis, while business intelligence uses only analytical modeling
  • Business analytics focuses on fully automated decisions, while business intelligence focuses on human decisions
  • Business analytics focuses on measuring past performance, while business intelligence focuses on developing new insights
  • Business analytics focuses on prediction and prescription, while business intelligence focuses on description (correct)

What does business analytics make extensive use of?

  • Analytical modeling and numerical analysis (correct)
  • Querying and reporting
  • Descriptive modeling
  • Online analysis

How is business intelligence related to business planning?

<p>It guides business planning by measuring past performance (D)</p> Signup and view all the answers

What may analytics be used as input for?

<p>Human decisions or fully automated decisions (A)</p> Signup and view all the answers

What is the primary focus of business analytics?

<p>Gaining insight and driving business planning (C)</p> Signup and view all the answers

What distinguishes business analytics from business intelligence?

<p>Focuses on prediction and prescription (D)</p> Signup and view all the answers

What does business intelligence traditionally focus on?

<p>Using a consistent set of metrics for measuring past performance (B)</p> Signup and view all the answers

What does business analytics make extensive use of?

<p>Analytical modeling and numerical analysis (B)</p> Signup and view all the answers

How is business intelligence related to business planning?

<p>It guides business planning using a consistent set of metrics (C)</p> Signup and view all the answers

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