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While selecting the BI Platform for your Data Warehousing project, how do you weigh the monetary cost of the BI Platform? You weigh the cost of each BI Platform by the number of Business Users in your organization. You include Cost as a row in your Product Evaluation Matrix and give it a weight that is appropriate to the budget of your project. After negotiating with each vendor, you select the BI Platform with the lowest cost. You weigh the cost of a BI Platform by comparing it to the cost of all the alternatives.

While selecting the BI Platform for your Data Warehousing project, how do you weigh the monetary cost of the BI Platform? You weigh the cost of each BI Platform by the number of Business Users in your organization. You include Cost as a row in your Product Evaluation Matrix and give it a weight that is appropriate to the budget of your project. After negotiating with each vendor, you select the BI Platform with the lowest cost. You weigh the cost of a BI Platform by comparing it to the cost of all the alternatives.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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While selecting the BI Platform for your Data Warehousing project, how do you weigh the monetary cost of the BI Platform? You weigh the cost of each BI Platform by the number of Business Users in your organization. You include Cost as a row in your Product Evaluation Matrix and give it a weight that is appropriate to the budget of your project. After negotiating with each vendor, you select the BI Platform with the lowest cost. You weigh the cost of a BI Platform by comparing it to the cost of all the alternatives.
Transcribed Image Text:While selecting the BI Platform for your Data Warehousing project, how do you weigh the monetary cost of the BI Platform? You weigh the cost of each BI Platform by the number of Business Users in your organization. You include Cost as a row in your Product Evaluation Matrix and give it a weight that is appropriate to the budget of your project. After negotiating with each vendor, you select the BI Platform with the lowest cost. You weigh the cost of a BI Platform by comparing it to the cost of all the alternatives.
Why are Descriptive Analytics important to an organization's Analysts? O Descriptive Analytics provide Analysts with visibility into what is happening in a dataset. Descriptive Analytics provide Analysts with the capability to update records in a dataset. Descriptive Analytics provide Analysts with the answers to why an event is occurring. Descriptive Analytics provide Analysts with a snapshot into the future based on a dataset.
Transcribed Image Text:Why are Descriptive Analytics important to an organization's Analysts? O Descriptive Analytics provide Analysts with visibility into what is happening in a dataset. Descriptive Analytics provide Analysts with the capability to update records in a dataset. Descriptive Analytics provide Analysts with the answers to why an event is occurring. Descriptive Analytics provide Analysts with a snapshot into the future based on a dataset.
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