Business Intelligence (BI)________ Uses Sophisticated Statistical and Mathematical Techniques to Perform

question 100

Short Answer

Business Intelligence (BI)________ uses sophisticated statistical and mathematical techniques to perform what-if analyses,to make predictions,and to facilitate decision making.

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Definitions:

Frequent Feedback

The process of giving regular, prompt responses or assessments regarding performance, behavior, or learning, aimed at improvement and development.

Goal-Setting Theory

A motivational theory that suggests setting specific and challenging goals, along with appropriate feedback, enhances performance.

Down Payment

An initial, upfront partial payment for the purchase of expensive items such as a home or car, typically representing a percentage of the total purchase price.

Monthly Loan

A financial agreement where a sum of money is borrowed and repaid in monthly installments over a specified period of time, often including interest.