Business Intelligence, 4e(sharda/Delen/Turban) Chapter 2 Descriptive Analytics I: Nature of Data, Statistical Modeling, andⅤ isualization 1)One of SiriusXM,'s challenges was tracking potential customers when cars were sold Answer: TRUE Diff: 1 Page Ref: 54 2)To respond to its market challenges, Sirius XM decided to focus on manufacturing efficiency Answer: FALSE Diff: 2 Page Ref: 55 3)Data is the contextualization of information, that is, information set in context Answer: FALSE Diff: 1 Page Ref: 98 4)Data is the main ingredient for any bl, data science, and business analytics initiative Answer: TRUE Diff: 2 Page Ref: 57 5)Predictive algorithms generally require a flat file with a target variable, so making data analytics ready for prediction means that data sets must be transformed into a flat-file format and made ready for ingestion into those predictive algorithms Answer: TRUE Diff: 1 Page Ref: 58 6) The data storage component of a business reporting system builds the various reports and hosts them for, or disseminates them to users. It also provides notification, annotation collaboration and other services Answer: FALSE Diff: 2 Page Ref: 98 7) In the FEMa case study, the BureauNet software was the primary reason behind the increased speed and relevance of the reports FEMA employees received Answer: TRUE Diff: 2 Page Ref: 100 8)Google Maps has set new standards for data visual ization with its intuitive Web mapping software Ansy TRUE Diff: 2 Page Ref: 103 9) There are basic chart types and specialized chart types. A Gantt chart is a specialized chart type Answer: TRUE Diff: 2 Page Ref: 10 Copyright C 2018 Pearson Education, Inc1 Copyright © 2018 Pearson Education, Inc. Business Intelligence, 4e (Sharda/Delen/Turban) Chapter 2 Descriptive Analytics I: Nature of Data, Statistical Modeling, and Visualization 1) One of SiriusXM's challenges was tracking potential customers when cars were sold. Answer: TRUE Diff: 1 Page Ref: 54 2) To respond to its market challenges, SiriusXM decided to focus on manufacturing efficiency. Answer: FALSE Diff: 2 Page Ref: 55 3) Data is the contextualization of information, that is, information set in context. Answer: FALSE Diff: 1 Page Ref: 98 4) Data is the main ingredient for any BI, data science, and business analytics initiative. Answer: TRUE Diff: 2 Page Ref: 57 5) Predictive algorithms generally require a flat file with a target variable, so making data analytics ready for prediction means that data sets must be transformed into a flat-file format and made ready for ingestion into those predictive algorithms. Answer: TRUE Diff: 1 Page Ref: 58 6) The data storage component of a business reporting system builds the various reports and hosts them for, or disseminates them to users. It also provides notification, annotation, collaboration, and other services. Answer: FALSE Diff: 2 Page Ref: 98 7) In the FEMA case study, the BureauNet software was the primary reason behind the increased speed and relevance of the reports FEMA employees received. Answer: TRUE Diff: 2 Page Ref: 100 8) Google Maps has set new standards for data visualization with its intuitive Web mapping software. Answer: TRUE Diff: 2 Page Ref: 103 9) There are basic chart types and specialized chart types. A Gantt chart is a specialized chart type. Answer: TRUE Diff: 2 Page Ref: 107