A 21 AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbq 1 Normal No Spacing Heading 1 Hea A 1) Which of the following is NOT a characteristic of Business Analytics? . Make intuition-based business decisions Make fact-based business decisions Generate actionable business decision-making insights by transforming data Adopt a scientific approach to making business decisions Use a logical approach to making business decisions . 2) An example of a decision made using experiences is: We will not use this supplier because of past delivery problems with them The new promotion plan for does not feel right for our CEO We always outsource the manufacture of this component We run text mining on customers' reviews to determine how satisfied they are with our services We prefer our most-loyal customers' even if they are not our most profitable customers . 3) Which of the following is TRUE about Prescriptive Analytics? Check all that apply. It optimizes an investment portfolio It identifies possible outcomes in the future It helps to understand what might happen in the future It depicts what happened in the past It summarizes historical data in reports It recommends a best course of action 4) Which of the following are TRUE about primary data? . . It is collected by someone else and made available for general use An example is census data from the US government It is also known as first-hand data An example is a company's sales transactions It is the only data that can be stored in a data base management system It is data that is not freely available