Define Business Intelligence

question 45

Multiple Choice

Define business intelligence.

• A)It is an analysis of external environmental factors by marketers to understand how these factors impact business and marketing decisions.
• B)It is the process of collecting and evaluating information to help marketers make effective decisions.
• C)It is the task of using computer-based technology to evaluate data in a database and identify useful trends.
• D)It is a combination of activities and technologies for gathering,storing,and analyzing data to make better competitive decisions.

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Definitions:

F Statistic

A ratio used in analysis of variance (ANOVA) tests to determine whether the group means are statistically different from each other.

Interaction

In statistics, the way in which two or more variables are related in a non-additive manner when affecting a response variable.

Tension Modulus

The ratio of tensile stress to tensile strain in a material, reflecting its stiffness or elasticity under tension.

Flake Size

The dimensions or measurements of individual flakes, often used in reference to materials that are processed or produced in small, thin pieces.