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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