#25. In the spectrum of BA, which does not belong to #32.

It is the portion of the revenue which is used to

Prescriptive Analytics? – Data Mining produce the merchandise sold. – Cost of Goods Sold

#34. It is an accounting measure that allows the #26. In the spectrum of the BA, which one belongs to
company to earn revenue from the asset. – Depreciation both prescriptive and predictive analytics? – Simulation

#35. It refers to expenses incurred in selling #28. It is used to forecast financial performance -
merchandise and administrating business. – Selling and Predictive Analytics Model
General Administrative Expense
#24. In the spectrum of BA, which does not belong to
#36. It is either added on the income & added to the descriptive analytics? – Simulation
revenue or it can be an expense and deducted from
#1. The income statement for the year 2019 shows
revenue as part of other income and expenses – Interest
the following:
#37. It is the portion of the revenue after deducting all
Revenue 1 760 000
the expenses except tax and adding other income. –
Cost of Goods Sold 1 050 000
Earnings before tax
Depreciation Expense 350 000
#38. It is the amount remaining after deducting all the S&GA 170 000
expenses incurred including tax and adding other income Interest 120 000
earned into the revenue. – Net Income / Net Income after Tax 50 000
Tax

#39. The income statement for the year 2019 shows What is the percentage of the gross profit in the Vertical
the following: Analysis – 40.34%

Revenue 1 760 000 #23. In the spectrum of BA, which does not belong
Cost of Goods Sold 1 050 000 Predictive Analytics? – Data Visualization
Depreciation Expense 350 000
#20. The use of probability and statistics to model
S&GA 170 000
uncertainty combined with optimization techniques to
Interest 120 000
find good decisions in IT context and highly uncertain
Tax 50 000
Settings. – Simulation Optimization Model
What is the Earnings Before Tax? – PHP 70 000 #21. A decision concerned with how the organization
should achieve the goals and objective set by its ascjhsdn
#40. Based on the given data, how much is the gross
(murmuring). – Tactical Decision
profit? – PHP 710 000
#22. A decision that involves higher level issues and
#31. It is a financial statement analysis technique that
that is concerned with the overall direction of the
shows changes in the amounts of corresponding financial
organization, defining the overall rules and aspiration of
statement items over a period of item. – Horizontal
an organization’s future. – Strategic Decision
Analysis
#19. A decision concerned with how the organization
#33. It is a portion of the revenue that shows the profit
run from day to day. – Operational Decision
after deducting the cost of the merchandise. – Gross
Profit ##. It is an open source programming environment
that supports big data processing through distributed
#30. It is a kind of financial statement analysis which
storage and distributed processing on clusters of
each line item is listed as a percentage of a base figure
computer. – Hadoop
within the statement. – Vertical Analysis
##. Programming model used within Hadoop that
perform two major steps for which it is named: It divides
FAJARDO, RACHEL MAE R. | FUNDAMENTAL OF BUSINESS ANALYTICS 1
the data into manageable subsets and distribute it to the Analysts trained in both computer science and statistics
computers in the cluster for storing ad processing – who know how to effectively process and analyze massive
MapReduce amounts of data – Data Scientists

A mathematical model that gives the best decision,
subject to the situation’s constraints. – Optimization
Models
Analytical Tools that describe what has happened –
Descriptive Analytics
The scientific process of transforming data into insight for
making better decisions – Business Analytics
Protecting stored data from destructive forces or
unauthorized users – Data Security
The technology that allows data collected from sensors in
all types of machine to be sent over the internet to
repositories where it can be stored and analyzed –
Internet of Things

A collection of tables, charts, and maps to help

management monitor selected aspects of the company’s
performance – Data Dashboard

Techniques that use models constructed from past data

to predict the future or to ascertain the impact of one
variable on another – Predictive Analytics

Techniques that analyze input data and yield a best

course of action – Prescriptive Analytics

A request for information with certain characteristics

from a database – Data Query

The use of probability and statistics to construct a

computer model to study the impact of uncertainty on
decision at hand – Simulation

A technique used to develop optimal strategy when a

decision maker is faced with several decision alternatives
and an uncertain set of future events – Decision Analysis

A prescriptive model that is based on a rule or set of rules

– rule-based model

Any set of data that is too large or too complex to be

handles by standard processing techniques and typical
desktop software – Big Data

The use of analytical techniques for better understanding

patterns and relationships that exists in large data sets. –
Data Mining

The study of the total worth or relative desirability of a

particular outcome that reflects the decision maker’s
attitude toward a collection of factors such as profit, loss,
and risk – Utility Theory

Predictive and prescriptive analytics – Advanced Analytics

FAJARDO, RACHEL MAE R. | FUNDAMENTAL OF BUSINESS ANALYTICS 2