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numbers of scenarios and analyses, and the ability to spot trends in vast datasets Section 1.3 Review Questions 1. List three of the terms that have been predecessors of analytics Analytics has evolved from other systems over time including data support systems(DSS), operations research(OR)models, and expert systems(ES) 2. What was the primary difference between the systems called MIS, DSS, and Executive Support Systems? Many systems have been used in the past and present to provide analytic Management information systems(MIS) provided reports on various aspects of business functions using captured information while decision support systems (SS)added the ability to use data with models to address unstructured problems Executive support systems(ESS) added to these abilities by capturing understand ing from experts and integrating it into systems via if-then-else rules or Did dss evolve into bi or vice versa? DSS systems became more advanced in the 2000s with the addition of data warehousing capabilities and began to be referred to as Business Information(Bl) systems Section 1.4 Review Questions 1. Define Bl Business Intelligence(Bl) is an umbrella term that combines architectures, tools databases, analytical tools, applications, and methodologies. Its major objective is to enable interactive access(sometimes in real time)to data, enable manipulation of these data, and provide business managers and analysts the ability to conduct appropriate analysis List and describe the major components of BI BI systems have four major components the data warehouse(with its source data), business analytics(a collection of tools for manipulating, mining, and nalyzing the data in the data warehouse), business performance management(for monitoring and analyzing performance), and the user interface(e.g, a dashboard) Copyright C2018 Pearson Education, Inc.5 Copyright © 2018Pearson Education, Inc. numbers of scenarios and analyses, and the ability to spot trends in vast datasets or models. Section 1.3 Review Questions 1. List three of the terms that have been predecessors of analytics. Analytics has evolved from other systems over time including data support systems (DSS), operations research (OR) models, and expert systems (ES). 2. What was the primary difference between the systems called MIS, DSS, and Executive Support Systems? Many systems have been used in the past and present to provide analytics. Management information systems (MIS) provided reports on various aspects of business functions using captured information while decision support systems (DSS) added the ability to use data with models to address unstructured problems. Executive support systems (ESS) added to these abilities by capturing understanding from experts and integrating it into systems via if-then-else rules or heuristics. 3. Did DSS evolve into BI or vice versa? DSS systems became more advanced in the 2000s with the addition of data warehousing capabilities and began to be referred to as Business Information (BI) systems. Section 1.4 Review Questions 1. Define BI. Business Intelligence (BI) is an umbrella term that combines architectures, tools, databases, analytical tools, applications, and methodologies. Its major objective is to enable interactive access (sometimes in real time) to data, enable manipulation of these data, and provide business managers and analysts the ability to conduct appropriate analysis. 2. List and describe the major components of BI. BI systems have four major components: the data warehouse (with its source data), business analytics (a collection of tools for manipulating, mining, and analyzing the data in the data warehouse), business performance management (for monitoring and analyzing performance), and the user interface (e.g., a dashboard)
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