D075: Lesson 9 Questions and Answers Rated A

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D075: Lesson 9 Questions and Answers Rated A Define data management processes ✔✔Acquiring, validating, storing and processing data into usable information for a business. Define data analysis ... ✔✔Applying statistics and logic techniques to define, illustrate, and evaluate data What is the purpose of SQL? ✔✔It allows a programmer to manipulate and query data from a relational database Define business intelligence (BI) ✔✔Strategies and technologies used by enterprises for the data analysis(forecasting and trends) of business information _______ can be described as computer applications that change data into significant, meaningful information that helps organizations make better decisions. ✔✔Business intelligence (BI) Define data analysis ✔✔Applying statistics and logic techniques to define, illustrate, and evaluate data (Uncovers Trends and Insights) What are concepts of data analytics? ✔✔Data mining, topic analytics and text analytics Define data mining ✔✔The examination of huge sets of data to find patterns and connections and identify outliers Define topic analytics ✔✔Catalogs phrases of an organization's customer feedback into relevant topics Define text analytics ✔✔Hunts through unstructured text data to look for useful patterns Define business analytics ✔✔Focuses on the big picture of how data can be used to improve weak areas in an existing procedure or to add value or cost optimization in a specific business process Define descriptive analytics ✔✔Defines past data you already have that can be grouped into significant pieces Define predictive analytics ✔✔Attempts to reveal future patterns Define decision analytics ✔✔Builds on predictive analysis to make decisions about future industries and marketplaces What decreases the ROI of data management? ✔✔Improper data management within the database architecture [Show More]

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