Question: 1) True or False: Data collection is so massive that it is now measured in megabytes. 2) True or False: One terabyte equals approximately one
1) True or False: Data collection is so massive that it is now measured in megabytes.
2) True or False: One terabyte equals approximately one billion bytes.
3) True or False: Walmart's databases are estimated to contain more than 2.5 petabytes, the same size as the entire U.S. Library of Congress book collection.
4) True or False: Digital data can be collected from web sites, credit cards, point-of-sale records, social media, and operational environments.
5) True or False: The management task with business analytics is all about gathering as much data as possible.
6) True or False: Descriptive analytics characterizes and summarizes data to facilitate understanding.
7) True or False: Predictive analytics invokes advanced optimization tools to recommend a strategy or action.
8) The huge amount of production, consumer, and social media data collected in digital form is called ________.
A) petabytes
B) big data
C) the big bang theory
D) prescriptive analytics
E) business analytics
9) What tool does UPS use to analyze more than 1 billion data points each day?
A) predictive analytics
B) descriptive analytics
C) prescriptive analytics
D) descriptive statistics
E) variance analysis
10) True or False: The three categories of analytics are descriptive, predictive, and prescriptive.
11) True or False: Analytics uses tools and techniques to convert data into summary information, and business insights.
12) True or False: Data management is about using tools and techniques to convert data into summary information and business insights for decision making.
13) True or False: Data integrity requires that data be complete, consistent, and abundant.
14) True or False: Data completeness refers to the degree to which all required data are present.
15) True or False: Data consistency refers to the degree of conformity of a measure to a standard value.
16) True or False: PivotTables are easiest to read if there is at most one field in the Rows area and one field in the Columns area.
17) True or False: It is impossible to include more than one field in the Rows area or the Columns area in a PivotTable.
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