Question: Explain Business Intelligence in one page or less. Focus upon the concept that BI is an umbrella term and explain what the components of a

  1. Explain Business Intelligence in one page or less. Focus upon the concept that BI is an umbrella term and explain what the components of a BI system are and what its architecture and purpose are. (20 points)

Business Intelligence is

  1. Compare and contrast the three forms of analytics descriptive, predictive and prescriptive. Discuss the purpose, the need for each type and whether these forms are complimentary or competitive. (15 points)

  1. Discuss data mining in one page or less. Discuss its purpose, how the data needs to be organized, the various models that can be used in data mining and their purposes. (15 points)

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