12.12. Knowledge Check

Knowledge Check 1

Text Description
Match the correct type of analytics to the following statements.
  1. The average sales of cleaning products were up 50% last month _____
  2. Average sales were up last month because of the pandemic. _____
  3. The pandemic is forecast to continue into the new year so sales in cleaning supplies are predicted to grow _____
  4. Product lines in cleaning supplies should be expanded to leverage the increased demand _____
Possible answers:
  • Prescriptive analytics
  • Diagnostic analytics
  • Descriptive Analysis
  • Predictive analytics

Solution:

  1. The average sales of cleaning products were up 50% last month Descriptive Analysis
  2. Average sales were up last month because of the pandemic. Diagnostic analytics
  3. The pandemic is forecast to continue into the new year so sales in cleaning supplies are predicted to grow Predictive analytics
  4. Product lines in cleaning supplies should be expanded to leverage the increased demand Prescriptive analytics

Knowledge Check 2

Quiz Text Description
1. MultiChoice Activity
 Big data is categorized by which of the following three V’s?:
  1. Volume, vital, and variety
  2. Verified, vital and vast
  3. Volume, vast, and velocity
  4. Volume, variety and velocity
2. MultiChoice Activity
 Which of the following is an example of a structured decision?
  1. A decision to merge with a competitor
  2. The decision to cease sales on a low performing product
  3. The decision to move the head office overseas
  4. The decision to digitize the office.
3. MultiChoice Activity
An unstructured decision is best supported with which type of system?
  1. Transaction processing system
  2. Decision support system
  3. Executive information system
  4. Knowledge management system

Solution:

  1. d. Volume, variety and velocity
  2. b. The decision to cease sales on a low performing product
  3. c. Executive information system

Knowledge Check 3

Engineering:

Analysis:

Communication:

Possible answers,

  • Data Mining
  • Analytics
  • Big Data
  • Data Science

Solutions:

Engineering & Analysis: Data Mining
Engineering & Analysis & Communication: Data Science
Engineering & Communication: Big Data
Analysis & Communication: Analytics

 

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Information Systems for Business and Beyond Copyright © 2022 by Shauna Roch; James Fowler; Barbara Smith; and David Bourgeois is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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