Exam (elaborations)
Decision Support System Exam 1 Questions And Answers Latest Update
- Course
- Decision Support Systems
- Institution
- University Of Southern California
Decision Support System Exam 1 Questions And Answers Latest Update
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Solution 2024/2025Pepper
Decision Support System Exam 1 Questions
And Answers Latest Update
analytics ANS✔✔ The process of developing actionable decisions or
recommendations for actions based on insights generated from historical
data.
-combines computer technology management science techniques and
statistics to solve real problems
analytics ecosystem* ANS✔✔ A collection of providers, users, and
facilitators
Big data analytics ANS✔✔ the process of examining large amounts of data
of a variety of types to uncover hidden patterns, unknown correlations, and
other useful information
Business intelligence (BI) ANS✔✔ An umbrella term that combines
architectures, tools, databases, analytical tools, applications, and
methodologies
dashboard ANS✔✔ a BI application that provides rapid access to timely
information and direct access to management reports
data mining ANS✔✔ the process of analyzing data to extract information not
offered by the raw data alone
, Solution 2024/2025
Pepper
decision analytics (normative) ANS✔✔ s attributes consist of performance
measures, operational metrics, aggregated measures (e.g., sales volumes,
customer retention rates, profit margins, production costs, scrap rate), and
all the other metrics needed to analyze the organization's performance
descriptive analytics (reporting) ANS✔✔ Descriptive or reporting analytics
- refers to knowing what is happening in the organization and understanding
some underlying trends and causes of such occurrences
-answers what happened
-analysis of historical data
intelligent agents ANS✔✔ -Software programs or "bots" that are sent out to
conduct a mission and collect data from web pages on behalf of a user
-real time results
Online Analytical Processing (OLAP) ANS✔✔ -processing for end-user ad hoc
reports, queries, and analysis
-Converting data into information for decision support (queries)
-Data Warehouses
Goal: decision support
Online Transaction Processing (OLTP) ANS✔✔ -computer responds
immediately to user requests
-The main focus is on efficiency of routine tasks
Goal: data capture
EX: ATMs
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