In marketing transactions, the fact that customers who buy product X also buy product Y creates a ________ opportunity. That is, "If they're buying X, sell them Y," or "If they're buying Y, sell them X."
Cross-selling OLAP stands for ________. Online analytical processing KM benefits organizations because it ________. Enables employees and partners to work smarterIn market-basket terminology, ________ describes the probability that two items will be purchased together.
Which of the following statements is true about reporting applications? Two important reporting applications are RFM analysis and OLAPWhich of the following is a basic operation used by reporting tools to produce information from data?
CalculatingDue to a phenomenon called the ________, the more attributes there are, the easier it is to build a model that fits the sample data but that is worthless as a predictor.
Curse of dimensionality Which of the following shows the products that________ analysis is a way of analyzing and ranking customers according to their purchasing patterns.
Which of the following is a fundamental category of BI analysis? Data miningA sales report that is current, as of the time the user accessed it on a Web server, is an example of a(n) ________.
Dynamic report BI servers use ________ to determine what results to send to which users and on which schedule. ________ is a hierarchical arrangement ofWith ________, data miners develop a model prior to the analysis and apply statistical techniques to data to estimate parameters of the model.
Supervised data mining The ________ is the most popular BI serverWith ________, statistical techniques can identify groups of entities that have similar characteristics.
Cluster analysis________ are information systems that support the management and delivery of documents including reports, Web pages, and other expressions of employee knowledge.
Content Management Systems (CMS)A data ________ is a data collection, smaller than the data warehouse, that addresses a particular department or functional area of the business.
Which of the following terms is used as a synonym for data mining? Knowledge discovery in database Which of the following is an example of a measure in an OLAP report? Average cost Which of the following observations about RFMAjax is one of the customers of a well-known linen manufacturing company. Ajax has not ordered linen in some time, but when it did order in the past it ordered frequently, and its orders were of the highest monetary value. Under the given circumstances, Ajax's RFM score is most likely ________.
A ________ takes data from the data manufacturers, cleans and processes the data, and then stores it.
Data warehouse Which of the following is an example of a supervised data-mining technique? Regression analysis ________ attempt to directly capture employee expertise. Expert systems Problematic operational data are termed ________. Dirty data________ is the application of social media and related applications for the management and delivery of organizational knowledge resources.
Hyper-social knowledge managementU.S. Steel Corp. is a well-known steel manufacturing company. SAMCROW, one of
the customers of U.S. Steel Corp. holds an RFM score of 111. Which of the following characteristics relates SAMCROW with its RFM score?
The remarkable characteristic of OLAP reports is that they are ________, as they are online and the viewer of the report can change their format.
Which of the following observations concerning________ is the application of statistical techniques to find patterns and relationships among data for classification and prediction.
Data mining________ is defined as information containing
patterns, relationships, and trends of various forms of data.
Because of the various problems with operational data, large organizations choose to extract operational data and store them into a(n) ________.
Data warehouse________ is the process of creating value from intellectual capital and sharing that knowledge with employees, managers, suppliers, customers, and others who need it.
Knowledge management An OLAP report has measures and dimensions. Which of the following is an example of a dimension? Sales region An ________ and an OLAP report are the same thing. Which of the following statements is true about operational data? Purchased operational data often contains missing elements. Which of the following is true of source data for a BI system? It refers to data that the organization purchases from data vendors.A sales team should attempt to up-sell more expensive products to a customer who has an RFM score of ________.
Data ________ is the process of obtaining,
cleaning, organizing, relating, and cataloging source data.
In market-basket terminology, the ratio of
confidence to the base probability of buying an item is called ________.