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Google real time allows you to monitor activity as it happens on your site or app.
_________is the process of discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems.
_____________ intelligence is time-sensitive information that is essential when decisions are made and corresponding actions are taken quickly to avoid undesirable outcomes (Threats).
__________ analytics is a type of predictive analytics that is used to recommend one or more course of action on analyzing the data.
Is SQL a business intelligence tool ?
AGE is frequently collected as ratio data, but can also be collected as ordinal data.
Data mining is defined as a process used to extract usable data from a larger set of any raw data.
Connectivity clustering initially recognizes each data point as its own cluster.
Google analytics provides an SDK that allows gathering usage data from IOS and android app, known as Google analytics for mobile apps.
Prescriptive analytics are used to determine customer responses or purchases, as well as as promote cross-sell opportunities.
Cluster analysis is also called ________?
What are the3 basic functions of business organizations ?
What type of data analytics has the most value ?
__________a robust platform for modeling and executing process-based applications, including business rules.
________ analytics encompasses a variety of statistical techniques from data mining, predictive modelling , and machine learning, that analyze current and historical facts to make predictions about future or otherwise unknown events.
KPIs stands for ?
At this stage, historical data can be measured against other data to answer the question of why something happened.
CEP stands for COMPLEX EVENT PROCESSING.
The four main kinds of analytics are DESCRIPTIVE, DIAGNOSTIC, PREDICTIVE and PRESCRIPTIVE.
Self service BI allows business users to access data as per their requirements without any dependence on IT and MIS teams.
_________ business process management is the use of (BPM) tools that are delivered as software services (SaaS) over a network.
__________regression estimates the parameters of a logistic model and is form of binomial regression.
Business Intelligence helps business leaders use data in ways that are meaningful and powerful.
Web analytics is the measurement, collection, analysis and reporting of web data to understand and optimize web usage.
_________enable managers to identify business issues, trends, and opportunities with reports and dashboards and react accordingly.
The following are common functions of business intelligence. EXCEPT ONE.
Trend analysis is an analysis of macro environmental factors in the external environment of a business, also called PEST analysis.
An intelligence operations is the process by which governments, military groups, businesses, and other organizations systematically collect and evaluate information for the purpose of discovering the capabilities and intentions of their rivals.
_____________ intelligence focuses on the longer term, looking at issues affecting a company’s competitiveness over the course of a couple of years.
______________are the commands for combining the components above to process information and produce the preferred output.
What is the best business intelligence tool ?
Is EXCEL a data mining tool ?
____________ provides a system for storing and securing electronic documents, images, and other files .
___________ is “data that provides information about other data”.
A __________ tree is a structure that includes a root node, branches, and leaf nodes.
__________ is employed to task with business analytics problems and derive analytical models.
A software framework for the evaluation of process mining algorithms has been developed at the ______________ by Wil van der Aalst and others, and is available as an open source toolkit.
Real time data ____________ describes a system that reflects the state of the warehouse in a real time.
________ refers to the use of so-called "bots", to automate process steps in your company that previously required human action.
A business process flow definition is represented as a custom entity and an instance as a process is stored as a record within that entity.
________ regression is a regression analysis method that performs both variable selection and regularization.
__________ is the process of determining the viability of a new service or product through research conducted directly with potential customers.
What are three types of processes ?
_________includes the computer itself, which is often referred to as the central processing unit (CPU), and all of its support equipment.
________ are used to design a systematic approach to optimize business processes.
________are facts that are used by programs to produce useful information.
“An information system (IS) is a group of components that interact to produce information”
The term hardware refers to computer programs and the manuals (if any) that support them.
________ is a Process Mining software offered by Gradient ECM.
Centroid Clustering is one of the more common methodologies used in cluster analysis.
A _______________ is a picture of the separate steps of a process in sequential order.
The following are important types of Business Intelligence. EXCEPT ONE.
Why is BPM is used ?
________ regression is a technique for analyzing multiple regression data.
Why do we need Process Mining ?
Metadata means “data about data".
The following are common data types, EXCEPT ONE.
A business process flow is a way of visualizing and documenting the steps in business process.
What are the goals of Business Activity Monitoring ?
________ Analytics describing or summarizing the existing data using existing intelligence tools to better understand what is going on or what has happened.
Process Mining is an analytical discipline for discovering, monitoring, and improving processes as they actually are, by extracting knowledge from event logs readily available in today's information systems.
The main types of scientific model are visual, mathematical and computer models.
BAM stands for BUSINESS ACTIVITY MONITORING.
Is Python a data mining tool ?
____________intelligence focuses on providing information designed to improve shorter-term decisions, most often related with the intent of growing market share or revenues.
_____________is a method of problem solving used for identifying the root causes of faults or problems.
_______________ is software that aids in monitoring of business activities, as those activities are implemented in computer systems.
__________models are mathematical models that have a closed form solution , the solution to the equations used to describe changes in a system can be expressed as a mathematical analytic function.
_________ clustering identifies the probability that a point belongs to a cluster.
What are examples of business analytics ?
___________ is the systematic computational analysis of data or statistics.
The term Business Activity Monitoring was originally coined by analysts at Gartner, Inc. and refers to the aggregation, analysis, and presentation of real-time information about activities inside organizations and involving customers and partners.
OLAP stands for ?
An information service (IS) is any organized system for the collection, organization, storage and communication of information.
The Real time ___________ monitors and reports agent schedule adherence in real-time using Workforce Management WFM tools.
________ regression is a linear approach for modelling the relationship between the criterion or the scalar response and the multiple predictors or explanatory variables.
_________ analytics focus on past performance to determine what happened and why.
________ are a connecting system that allows diverse computers to distribute resources.
The SWOT analysis is a compilation of your company's strengths, weaknesses, opportunities and _____________.
RCA stands for ?
__________ clustering groups data points by how densely populated they are.
______________ is a family of techniques relating the fields of data science and process management to support the analysis of operational processes based on event logs.
The following are common types of market research. EXCEPT ONE.
__________ analytics emphasizes on predicting the possible outcome using statistical models and machine learning techniques.
Data discovery tools and cloud data services are examples of Data Intelligence.
Which is the best data mining tool ?
_____________ is a process mining tool featuring discovery and conformance checking.
What is the process of business Intelligence ?
______________ is used for curvilinear data.
__________ analysis refers to a method of mathematically sorting out which variables may have an impact.
____________is a data compression technique in machine learning and search algorithms that reduces the size of decision trees by removing sections of the tree that are non-critical and redundant to classify instances.
RPA stands for ROBOTIC PROCESS AUTOMATION.
The purpose of Operational Management is to monitor business activities and identify and detect situations relating to inefficiencies, opportunities, and threats and provide operational solutions.
SWOT analysis is also called ?
Business process management activities can be arbitrarily grouped into categories such as design, modeling, execution, monitoring, and optimization.
The entire purpose of Business Plan is to support and facilitate better business decisions.
The following are Business Process Discovery Techniques. EXCEPT ONE.
ElasticNet regression is a regularized regression method that linearly combines the penalties of the lasso and the ridge method.
___________ intelligence is a category of real-time dynamic, business analytics that delivers visibility and insight into data, streaming events and business operations.
_________ remove intra- and interdepartmental communication barriers through discussion forums, dynamic workspaces, and message boards.
We can say that data mining is mining knowledge from data.
___________lets you measure your advertising ROI as well as track your flash, video, and social networking sites and application.
Competences are the combination of a business’ knowledge, skills and technology that can give them the edge versus the competition.
Interviews are one-on-one conversations with members of your target market.
____________ comprises the strategies and technologies used by enterprises for the data analysis of business information.
__________ is used in many areas of business and research, including sales and marketing, product development, healthcare, and education.
Databases are the gathering of programs containing related data.
Prescriptive analytics is the third and final phase of business analytics, which also includes descriptive and predictive analytics.
The primary objective of SWOT analysis is to help organizations develop a full awareness of all the factors involved in making a business decision.
Cluster analysis is a class of techniques that are used to classify objects or cases into relative groups called clustered.
_________analysis is a method to analyze the environment in which a business operates.
_____________ intelligence is the action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors, and any aspect of the environment needed to support executives and managers making strategic decisions for an organization.
_________ are a data visualization tool that allow all users to understand the analytics that matter to their business, department or project.
Business Management (BM) is a technology-driven process for analyzing data and delivering actionable information hat helps executives, managers and workers make informed business decisions.
___________analysis is a set of statistical processes for estimating the relationships between a dependent variable and one or more independent variables.
____________is the discipline in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes.
The term business process management covers how we study, identify, change, and monitor business processes to ensure they run smoothly and can be improved overtime.
Data analytics is the science of analyzing raw data in order to make conclusions about that information.
Business Analytics can help improve profitability of the business, increase market share and revenue and provide better return to a shareholder.
What type of data analytics requires no human input ?
Which software is used for data mining ?
Market research generally involves three different types of research : Primary, Secondary and Tertiary.
_______regression is used for fitting regression models with predictive models.
Business __________ refers to the skills, technologies, and practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning.
______________ management is creating and optimizing the paths for data in order to complete items in a given process.
The following are examples of Business Analytics. EXCEPT ONE.
The following are characteristics of Data Mining. EXCEPT ONE.
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