Principles of Information Systems, Loose-Leaf Version
13th Edition
ISBN: 9781305971820
Author: Ralph Stair, George Reynolds
Publisher: Course Technology
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 1, Problem 17RQ
Explanation of Solution
Business Analytics:
Business analytics is the use of wide range of data to make the quantitative analysis to support the fact-based decision making with organizations.
- It is an iterative and methodical exploration of the organization’s data used with an importance of statistical analysis.
- It is used by the companies who are admitted to data-driven decision making.
- Analytics are used as an input for decision making by the humans or can be fully driven by automated decisions.
- It is used in the evaluation process of the company.
- It is performed in the business to identify the weakness in the existing processes and to enhance the data to help an organization to develop with future growth and challenges.
Business Intelligence (BI):
The term business intelligence includes the applications, infrastructure and tools that can be accessible and it identifies the information regarding for the business improvement, and optimizes the decision...
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
The role that OLAP plays in descriptive analytics must be well defined.
The role of OLAP in descriptive analytics must be well defined.
The function of OLAP should be elucidated through descriptive analytics.
Chapter 1 Solutions
Principles of Information Systems, Loose-Leaf Version
Ch. 1.1 - Prob. 1RQCh. 1.1 - Prob. 2RQCh. 1.1 - Prob. 1CTQCh. 1.1 - Prob. 2CTQCh. 1.2 - Prob. 1RQCh. 1.2 - Prob. 1CTQCh. 1.2 - Prob. 2CTQCh. 1.3 - Prob. 1RQCh. 1.3 - Prob. 2RQCh. 1.3 - Prob. 1CTQ
Ch. 1.3 - Prob. 2CTQCh. 1.4 - Prob. 1RQCh. 1.4 - Would you expect to see more funds allocated to...Ch. 1.4 - Prob. 1CTQCh. 1.4 - Prob. 2CTQCh. 1.5 - Prob. 1RQCh. 1.5 - Prob. 2RQCh. 1.5 - Are there other alternative strategies for the...Ch. 1.5 - Prob. 2CTQCh. 1 - Prob. 1SATCh. 1 - Prob. 2SATCh. 1 - Prob. 3SATCh. 1 - Prob. 4SATCh. 1 - Prob. 5SATCh. 1 - Prob. 6SATCh. 1 - Which of the following is not a key organizational...Ch. 1 - Prob. 8SATCh. 1 - Prob. 9SATCh. 1 - Prob. 10SATCh. 1 - Prob. 11SATCh. 1 - Prob. 12SATCh. 1 - Prob. 13SATCh. 1 - Prob. 14SATCh. 1 - Prob. 15SATCh. 1 - The two fundamental strategies for system...Ch. 1 - Prob. 17SATCh. 1 - Prob. 18SATCh. 1 - Prob. 1RQCh. 1 - Prob. 2RQCh. 1 - Prob. 3RQCh. 1 - Prob. 4RQCh. 1 - Prob. 5RQCh. 1 - Prob. 6RQCh. 1 - Prob. 7RQCh. 1 - Define the term software. What are the two primary...Ch. 1 - Prob. 9RQCh. 1 - Prob. 10RQCh. 1 - Prob. 11RQCh. 1 - Prob. 12RQCh. 1 - Prob. 13RQCh. 1 - Prob. 14RQCh. 1 - Prob. 15RQCh. 1 - Prob. 16RQCh. 1 - Prob. 17RQCh. 1 - Prob. 18RQCh. 1 - Prob. 19RQCh. 1 - Prob. 20RQCh. 1 - Prob. 21RQCh. 1 - Prob. 22RQCh. 1 - Prob. 1DQCh. 1 - Prob. 2DQCh. 1 - Prob. 3DQCh. 1 - Prob. 4DQCh. 1 - Prob. 5DQCh. 1 - Prob. 6DQCh. 1 - Prob. 7DQCh. 1 - Prob. 8DQCh. 1 - Prob. 9DQCh. 1 - Prob. 10DQCh. 1 - Prob. 11DQCh. 1 - Prob. 12DQCh. 1 - Prob. 13DQCh. 1 - Prob. 14DQCh. 1 - Prob. 2PSECh. 1 - Prob. 3PSECh. 1 - Prob. 2TACh. 1 - Prob. 3TACh. 1 - Prob. 1WECh. 1 - Prob. 2WECh. 1 - Prob. 1CECh. 1 - Prob. 2CECh. 1 - Prob. 1CTQ1Ch. 1 - Prob. 2CTQ1Ch. 1 - Prob. 3CTQ1Ch. 1 - Prob. 1CTQ2Ch. 1 - Prob. 2CTQ2Ch. 1 - Prob. 3CTQ2
Knowledge Booster
Similar questions
- Which software packages are used in predictive analytics? Could you please provide some examples?arrow_forwardWhen moving from a custom-built solution to an enterprise-level analytics system, there are a number of things to bear in mind.arrow_forwardExplain the progression from decision support systems to analytics through business intelligence.arrow_forward
- What is the most important contrast between business intelligence and analytics, in your opinion?arrow_forwardWhat is meant by business analytics? What other terms have been used for business analytics systemsarrow_forwardHow can health informatics professionals standardize healthcare data?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningFundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning