Data Mining uses simple arithmetic techniques such as sums, averages, and groupings to perform what-if analyses, to make predictions, and to facilitate decision making. False True TRUE ANSWER : ? YOUR ANSWER : ?
Data mining applications are used accomplish which of the following tasks? Do what-if analysis only Process transactions only Do RFM analysis only Do both RFM and what-if analysis TRUE ANSWER : ? YOUR ANSWER : ?
Business Intelligence (BI) reporting systems cannot do which of the following operations? Filter data Both filter and group data Modify data Group data TRUE ANSWER : ? YOUR ANSWER : ?
Business Intelligence (BI) systems do not obtain data from operational databases. True False TRUE ANSWER : ? YOUR ANSWER : ?
Which of the following is not a component of a data warehouse? Data extraction/cleaning/preparation programs Data warehouse data None of these Data metadata TRUE ANSWER : ? YOUR ANSWER : ?
Business Intelligence (BI) systems do not obtain their data by which of the following means? Process extracts from operational databases Process data purchased from data vendors Process transactions Read and process data from an operational database TRUE ANSWER : ? YOUR ANSWER : ?
In a common form of RFM analysis, customers are sorted in five groups and given a score of 1 to 5 depending on their group. False True TRUE ANSWER : ? YOUR ANSWER : ?
Which of the following is not a reason that operational data are difficult to read? Dirty data Missing values Non-duplicated data Non-integrated data TRUE ANSWER : ? YOUR ANSWER : ?
One popular classification technique in Business Intelligence (BI) reporting is ________ . regression analysis only cluster analysis only both cluster analysis and regression analysis RFM analysis only TRUE ANSWER : ? YOUR ANSWER : ?