ISDS 705 - Exam 2 Questions and Answers
OLAP (online analytical processing) - Correct Answer ️️ -Converting data into
information for decision support
Data cubes, drill-down / rollup, slice & dice
Requesting ad hoc reports
Conducting statistical and other analyses
Developing multimedia-ba...
ISDS 705 - Exam 2 Questions and Answers OLAP (online analytical processing) - Correct Answer ✔️✔️-Converting data into information for decision support Data cubes, drill -down / rollup, slice & dice Requesting ad hoc reports Conducting statistical and other analyses Developing multimedia -based applications data cube - Correct Answer ✔️✔️-A special database used to store data in OLAP reporting. marginal cost - Correct Answer ✔️✔️-the cost of producing one more unit of a good Open Source Software (OS S) - Correct Answer ✔️✔️-Software that is free and where anyone can look at and potentially modify the code. Cloud Computing - Correct Answer ✔️✔️-the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer. Software as a Service (SaaS) - Correct Answer ✔️✔️-A form of cloud computing where a firm subscribes to a third -party software and receives a service that is delivered online. Virtualization - Correct Answ er ✔️✔️-make a single computer behave like many separate machines. This function helps consolidate computing resources and creates additional savings and efficiencies. Why is the software business attractive? - Correct Answer ✔️✔️-due to near -zero marginal costs and an opportunity to establish a standard —creating the competitive advantages of network effects and switching costs. Business Intelligence (BI) - Correct Answe r ✔️✔️-catchall term combining aspects of reporting, data exploration and ad hoc queries, and sophisticated data modeling and analysis analytics - Correct Answer ✔️✔️-a term describing the extensive use of data, statistical and quantitative analysis, expla natory and predictive models, and fact -based management to drive decisions and actions The amount of data on corporate hard drives doubles every _____________. - Correct Answer ✔️✔️-six months Data is oftentimes considered a _____ source of competitive adv antage; however, advantages based on capabilities and data that others can acquire will be short -lived. - Correct Answer ✔️✔️-defensible Database - Correct Answer ✔️✔️-a collection of organized data that allows access, retrieval, and use of data database m anagement systems (DBMS) - Correct Answer ✔️✔️-programs where databases are created, maintained, and manipulated Structured Query Language (SQL) - Correct Answer ✔️✔️-an international standard language for processing a database
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