Brief Exercises

connect

$($ LO $1\mathrm{.}1,1\mathrm{.}2,1\mathrm{.}4,1\mathrm{.}5)$ Match each business analytics term to its definition.

$\backslash$table$[[$Term$,$Definition$],[1.$ Information,a$.$ The setting, event, statement, or situation in which data can be mort fully understood and evaluated$],[2.$ Dashboard,b$.$ Access or exposure to too much data, which prevents data from being properly synthesized and interpreted$],[3.$ Dynamic report,c$.$ A graphical summary of various measures tracked by a company$],[4.$ Data overload,d$.$ A report characterized by constant update, change, or activity$],[5.$ Context,e$.$ Data organized in a way that is meaningful to the user$]]$

$(1\mathrm{.}5)$ For each business analytics task, identify the correct step in the SOAR analytics model.

$\backslash$table$[[$Business Analytics Task,$\backslash$table$[[$SOAR Analytics Model Component $($Specify the question, Obtain the data,$],[$Analyze the data, or Report the results$)]]],[\backslash$table$[[$Creating a dashboard that provides daily sales in the$],[$Northeast region of the country$]],],[\backslash$table$[[$Trading off accessing cleaner data $($fewer errors$)$ with a$],[$data set that is less expensive$]],],[$Small business owner trying to decide which products to$,]]$