Tools for Consolidating, Analyzing, and Providing Access to Vast Amounts

question 73

Multiple Choice

Tools for consolidating, analyzing, and providing access to vast amounts of data to help users make better business decisions are known as:

• A)DSS.
• B)business intelligence.
• C)OLAP.
• D)data mining.

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Definitions:

Frequency Distribution

A statistical representation showing how often each different value in a set of data occurs.

Compounded Monthly

A calculation method where interest is added to the principal sum at the end of each month, and future interest is calculated on the new total.

Future Value

Also known as the compound amount, the total value of an investment; equal to the principal plus all the compound interest.

Equal Amount

A quantity that is the same in size, number, or value when compared to another.