DATABASE FUNDAMENTALS
BASICS OF BIG DATA
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Business Intelligence
|
|
Data Warehousing
|
|
Cloud Computing
|
|
Business Analytics
|
|
Internet of Things
|
Detailed explanation-1: -Business analytics is the practice of transforming data into business insights to allow for better decision-making.
Detailed explanation-2: -Business analytics is the scientific process of transforming data into insight for making better decisions.
Detailed explanation-3: -Business analytics (BA) is a set of disciplines and technologies for solving business problems using data analysis, statistical models and other quantitative methods. It involves an iterative, methodical exploration of an organization’s data, with an emphasis on statistical analysis, to drive decision-making.
Detailed explanation-4: -analytics is the scientific process of transforming data into insight for making better decisions.
Detailed explanation-5: -Analytics is defined as “a process of transforming data into actions through analysis and insight in the context of organizational decision making and problem-solving.” Analytics is supported by many tools such as Microsoft Excel, SAS, R, Python(libraries).