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MGMT Study Set 2
Quiz 16: Managing Information in a Global World
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Question 21
Multiple Choice
Health Canada could use data it has collected from millions of suspected drug-related adverse event reports and other electronic medical information to identify a pattern of adverse drug events in a specific population. The agency could then communicate this knowledge sooner to medical professionals and patients. Where would the data collected by Health Canada be held?
Question 22
Multiple Choice
Baseball management was trying to uncover matches and relationships in the data it had on first-time patrons who purchased box stadium seats. It discovered that its sales increased by almost 100 percent in those seasons when it held an open house prior to the opening game and allowed people to see the box seats and examine the view of the stadium from those seats. Which pattern did the management discover,in terms of data mining?
Question 23
Multiple Choice
By examining checkout data,supermarkets have learned that people who are buying non-alcoholic beer typically also buy a bag of salty snacks. As a result of this finding,supermarkets often place displays of non-alcoholic beer near the chips and pretzel aisle. Which of the following activities would help supermarkets with this strategy?
Question 24
Multiple Choice
Jim Rhoade thought he had a decent deal with State Farm for insurance coverage on his two cars and his home,but a friend gave him a tip about lower premiums at Allstate. After contacting his local Allstate agent,Rhoade had slashed his annual auto premiums by $400 and his homeowner's premium by the same amount. That's because,in addition to considering Rhoade's record,Allstate took into account seemingly unrelated information from his credit report,such as whether he pays bills on time (he does) and whether there had ever been a claim on his home (there hadn't) . Allstate has discovered patterns that indicate that the better the credit report,the more likely the individual is to be a good risk for an insurer. Which type of pattern has Allstate discovered?
Question 25
Multiple Choice
Which of the following is an example of a security problem that may threaten data and data networks?
Question 26
Multiple Choice
For the purposes of data mining,which kind of pattern is the opposite of the association pattern?
Question 27
Multiple Choice
What happens to create a data cluster?
Question 28
Multiple Choice
Which type of data mining usually begins with the user telling the data mining software to look and test for specific patterns and relationships in a data set?
Question 29
Multiple Choice
By examining checkout data,supermarkets have learned that people who are buying non-alcoholic beer often also buy a bag of salty snacks. Which pattern did the use of data mining lead to the discovery of?