Free Business Intelligence Practice Tests - BI Basics
Technical Terms used in Business Intelligence.
Adhoc Query: The ability to create a query in a Business Intelligence Tools (software) format so that the BI tool can drill down the information to response to a question quickly.
Aggregation: Combine all the information into a single user understandable form like sets, list or graphs so that in a predefine pattern.
Atomic Data: The top most level of granularity of data present in data warehouse.
Attribute: Any specification of an object. Attribute used as the column or in other form when preparing reports in tabular format, graphical format or in textual format.
Cube: A computer based online analysis technique used for business intelligence. It can represent the data into 0 or multidimensional format which can be viewed from any angle and can also apply “Drilldown method” or “Slice and Dice method” to search the data.
Data: The raw facts and figure. Most crucial part of Business Intelligence tools. Every report is prepared using the past, present or future (expected) data.
Data Mart: A collection of data set from date warehouse which are logically related and can be used to serve the problem of business particularly of a department or a particular subject area.
Database: A central system which store all the data in a structured (sometime semi-structured or unstructured) form so that the data can be obtain in a convenient manner and a very quick data retrieval.
Data warehouse: A central repository which contains n number of databases is known as data warehouse. For a well organized corporation data warehouse is compulsory as to attain the integrity and maintainability of organization projects.
Forecasting: A process used in decision making using prediction model methodology.
Measures: Any piece of information, which is valuable for analysis for a particular department or particular subject area.
Matrix: Represent the data into the forms of rows and column.
Normalization: Standards followed while creating a database.
ETL: Short for Extract-Transform-and Load, ETL is the means by which data is pulled from a data source (extracted), scrubbed (transformed), and written (loaded) into the destination database.
KPI: It stands for Key Performance Indicator. These indicators are measures that are important to the business, typically relating to the overall health of its operation.