Question: 1 Business Analytics is a statistical tool that can analyze data to develop insights that will be used for managers to build strategic decisions. The

1 Business Analytics is a statistical tool that

1 Business Analytics is a statistical tool that can analyze data to develop insights that will be used for managers to build strategic decisions. The above statement is True or False, justify your answer. a) True b) False. 2 Risk analysis provides line-of-business managers with actionable insights and recommendations through packaged analysis and reporting solutions, such as supply chain optimization. These solutions provide actionable, cross-functional insight that is drawn from information that is locked in enterprise resource planning (ERP) and other data sources. The above statement is True or False, justify your answer. a) True b) False. 3 Transaction processing provides better decision-making when there are an overwhelming number of factors to consider with complex inter-relationships among them. The above statement is True or False, justify your answer. a) True b) False. 4 Data Scientist: Uses Bl tools and applications to understand business conditions and drive business processes. The above statement is True or False, justify your answer. a) TRUE b) FALSE. 5 The 5 stages of information maturity model in sequence is Ad hoc stage, conditional stage, foundational stage, competitive stage, breakaway stage. The above statement is True or False, justify your answer. a) True b) False

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