Types of Data in Business Intelligence (BI) Applications

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What is the main purpose of business intelligence (BI) applications?

To ingest business data and present it in user-friendly views (correct)

To provide security for business data

To analyze future trends and events

To monitor competitors' performance

Which type of data analytics answers the question: 'What happened'?

Diagnostic analytics

Descriptive analytics (correct)

Prescriptive analytics

Predictive analytics

What is the purpose of diagnostic analytics?

To determine causes of trends and correlations (correct)

To ingest business data

To analyze current and historical data

To predict future trends

Which software can be used for descriptive analytics?

Microsoft Excel Signup and view all the answers

What does predictive analytics aim to answer?

What might happen in the future Signup and view all the answers

How does BI software enable business users?

To access different types of data and gain insights into business performance Signup and view all the answers

What is the primary purpose of data management in an organization?

To improve performance and competitiveness Signup and view all the answers

Which of the following is NOT a part of effective data management?

Storing data in an unsecure manner Signup and view all the answers

What is the main goal of data analytics processes?

To create business intelligence Signup and view all the answers

What is the purpose of analytics in business operations?

To help managers make better decisions based on insights Signup and view all the answers

What is the role of business intelligence in organizations?

To generate insights for informed decisions Signup and view all the answers

Which statement best describes the process of analytics in data management?

Sifting through massive datasets to discover meaningful patterns Signup and view all the answers

What is a primary key in a relational database?

A unique identifier for records in a table Signup and view all the answers

What is the purpose of foreign keys in a relational database?

To establish relationships between tables Signup and view all the answers

How are different tables in a relational database connected?

By matching primary and foreign keys Signup and view all the answers

What makes relational databases different from document databases?

Relational databases store data as tables, while document databases store data as documents Signup and view all the answers

What defines a relational database model?

Data stored as a collection of interrelated tables Signup and view all the answers

What is the difference between accountability and liability?

Liability is about recovering damages, while accountability is about determining responsibility. Signup and view all the answers

Which term refers to the right of individuals to recover damages caused by others?

Liability Signup and view all the answers

Why do Information Systems raise ethical issues?

Because they handle sensitive data and have societal impacts Signup and view all the answers

What are some examples of ethical questions related to Information Systems?

Should individuals have online anonymity? Signup and view all the answers

In what context could revealing one's identity be considered an ethical obligation?

For national security reasons Signup and view all the answers

What ethical responsibilities do individuals and platforms have in curbing the spread of false information?

To balance responsibilities with freedom of speech Signup and view all the answers

What is the role of ethics in guiding people's behaviors?

To guide people on deciding what's right and wrong to influence their behaviors Signup and view all the answers

According to the Utilitarian Approach, what characterizes an ethical action?

It provides the most good or does the least harm Signup and view all the answers

Which ethical approach focuses on treating all human beings equally or fairly?

Rights Approach Signup and view all the answers

In organizations, what is a Code of Ethics primarily used for?

To guide employees in making ethical decisions Signup and view all the answers

Which fundamental tenet of ethics involves accepting the consequences of one's decisions and actions?

Responsibility Signup and view all the answers

According to the Fairness Approach, how should ethical actions treat individuals?

By treating all human beings equally or fairly based on a justifiable standard Signup and view all the answers