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The "R" in RFM analysis stands for:


A) rank.
B) recent.
C) relationship.
D) readiness.
E) random.

F) A) and B)
G) A) and C)

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Business Intelligence (BI)reporting systems can analyze data using standard SQL.

A) True
B) False

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Reports that rely on the most current data when they are prepared are called dynamic reports.

A) True
B) False

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Data warehouses are populated with data prepared by Extract,Transform,and Load (ETL)systems.

A) True
B) False

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Market basket analysis is:


A) a data mart specific technique.
B) a reporting technique.
C) an RFM application.
D) an OLAP application.
E) a data mining technique.

F) B) and D)
G) B) and C)

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Business Intelligence (BI)systems are information systems that help users analyze and use data.

A) True
B) False

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We have obtained access to the company's operational data.We examine 50 records for customers with phone numbers that should use the current area code of 345.Of these 50 records,we find 10 that still use an older area code of 567.This is an example of:


A) dirty data.
B) inconsistent data.
C) non-integrated data.
D) a "wrong format" problem.
E) a "too much data" problem.

F) C) and E)
G) A) and C)

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A BI reporting system:


A) creates meaningful information from disparate data sources.
B) delivers information to users on a timely basis.
C) uses statistical procedures to predict future events.
D) Both A and B
E) All of the above

F) A) and B)
G) B) and E)

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A data mart differs from a data warehouse in that:


A) it has a smaller database.
B) it deals with a particular component or functional area of the business.
C) data mart users do not have the data management expertise of data warehouse employees.
D) Both A and B
E) All of the above

F) B) and E)
G) C) and E)

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In RFM analysis,R stands for "how recently",F stands for "how frequently" and M stands for "how many months."

A) True
B) False

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Data mining is the application of mathematical and statistical techniques to find patterns and relationships that can be used to classify and predict.

A) True
B) False

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Which of the following popular data mining techniques require special software?


A) Decision tree analysis
B) Logistic regression analysis
C) Neural networks
D) A and B
E) A,B,and C

F) A) and C)
G) None of the above

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In market basket analysis,support is defined as the probability that two items will be purchased together.

A) True
B) False

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In supervised data mining,statistical techniques are used to estimate the parameters of the model.

A) True
B) False

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Business Intelligence (BI) systems fall into which of the following categories?


A) Processing
B) Reporting
C) Data mining
D) Both A and B
E) Both B and C

F) A) and B)
G) A) and C)

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Problematic data include so-called "dirty data."

A) True
B) False

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Here is Market Basket data for 1,000 transactions at a Drug Store.Use the table below to answer the following questions. Here is Market Basket data for 1,000 transactions at a Drug Store.Use the table below to answer the following questions.    -Refer to the table above.What is the lift for Drug B being purchased given that Drug A has been purchased? A) .200 B) .250 C) .333 D) .500 E) .667 -Refer to the table above.What is the lift for Drug B being purchased given that Drug A has been purchased?


A) .200
B) .250
C) .333
D) .500
E) .667

F) B) and E)
G) D) and E)

Correct Answer

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Here is Market Basket data for 1,000 transactions at a Drug Store.Use the table below to answer the following questions. Here is Market Basket data for 1,000 transactions at a Drug Store.Use the table below to answer the following questions.    -Refer to the table above.What is the definition of confidence for Drug B with reference to Drug A? A) The probability that Drug A will be purchased. B) The probability that Drug B will be purchased. C) The probability that both Drug A and Drug B will be purchased. D) The probability that Drug A will be purchased given that Drug B has been purchased. E) The probability that Drug B will be purchased given that Drug A has been purchased. -Refer to the table above.What is the definition of confidence for Drug B with reference to Drug A?


A) The probability that Drug A will be purchased.
B) The probability that Drug B will be purchased.
C) The probability that both Drug A and Drug B will be purchased.
D) The probability that Drug A will be purchased given that Drug B has been purchased.
E) The probability that Drug B will be purchased given that Drug A has been purchased.

F) B) and D)
G) A) and E)

Correct Answer

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A report that is sent to users only upon the user's request is called on-demand report.

A) True
B) False

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A report that is sent to users on a predetermined schedule is called a push report.

A) True
B) False

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