An increase in data ____________________ would help to protect stored data from destructive forces or unauthorized users.
Fill in the blank(s) with correct word
Q. 2___________________ may be used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events.
Fill in the blank(s) with correct word
Q. 3The U.S. Internal Revenue Service uses _____________ to identify patterns that distinguish questionable annual personal income tax filings.
a. utility theory b. prescriptive analytics
c. data mining d. decision analysis
Q. 4A light bulb manufacturer uses descriptive analytics
a. to present supply chain to managers visually.
b. to achieve efficiency in delivery of goods.
c. to schedule staff and vehicle for delivery.
d. to plan capacity utilization by incorporating the inherent uncertainty in commodities pricing.
Q. 5A better understanding of consumer behavior through analytics directly leads to
a. more profits. b. better pricing strategies.
c. reduced advertising costs. d. reduced risk.