COMPLETION Figure 8.1: SAP Business Intelligence (BI)Framework

question 21

Short Answer

COMPLETION

Figure 8.1: SAP Business Intelligence (BI)Framework
-On the left side of the accompanying SAP Business Intelligence (BI)Framework figure are the potential BI ____________________,which are growing both in number and in the volume of data produced.For example,Facebook,Twitter,and other social media applications can provide information on consumer reaction to new products.

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Definitions:

First-Order Autoregressive Model

A time series model where the current value is based on a linear combination of the previous value and a stochastic error term.

Nonautocorrelated Random Error

Errors in a dataset that occur randomly and are not correlated with each other, indicating no predictable pattern in the fluctuations.

Autoregressive Model

An Autoregressive Model is a statistical model for analyzing and forecasting time series data, where future values are assumed to be a linear function of past values.

Exponential Smoothing Model

A forecasting technique that applies decreasing weights to past data, with the most recent data weighted most heavily.