Tutorial 4-Qtns - 4 What is the benefit to end users of...

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ITC540 & 240: Tutorial 4 Questions and answers 1. Explain predictive analytics. What are two business pressures driving adoption of predictive analytics? 2. Define data extraction and data integration, and explain why they are needed. 3. What is data latency? How does giving users the ability to create their own reports reduce data latency? What is the age of fresh data?
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Unformatted text preview: 4. What is the benefit to end users of having ad hoc query capabilities? 5. Describe an automated decision support (ADS) system Questions for Discussion 1. Discuss the strategic benefits of business analytics. 2. Differentiate predictive analysis from data mining. What do they have in common?...
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