Alyssa S.

Nicolas BSM31
1. It serves as the foundation of the successful application of predictive and prescriptive
analytics and can also be referred to as Business Intelligence
Descriptive Analytics also referred to as Business Intelligence serves as the foundation of the
successful application of predictive and prescriptive analytics.
2. What are the advantages of using business analytics software versus traditional spreadsheets?

There are many advantages of using business analytics software versus traditional spreadsheets.

Even though spreadsheets are highly effective for a vast amount of things, they do have some major
shortcomings meaning that they are not suited as the primary analytical tool for the company. Some of
these are:

Analyze and compare data from different sources and from different angles
Data is updated automatically, down to a daily- or even hourly basis
High flexibility and easy setup of ad hoc analyses
Avoid having a number of different spreadsheets in different versions
Eliminate the risk of errors
You do not have to depend on the spreadsheet-guru
Easier budgeting with automatic consolidation
Get a better overview, and minimize resources spent

A Business Intelligence solution will make your analytical work much easier as well as it will
present you with a vast amount of new ways to make in-depth analyses of your companys data
all no matter what your job role is or how you wish to analyze the data.
And lastly Spreadsheets lead to proliferation unlike Business Analytics Software.

3. Enumerate the types of Descriptive Analytics Visualization and each type's application.
List Reports
A List report is similar to a table report with rows and columns of data. Each row is one
record and each column is a Field. This type of report is often used when you want to see
more number of records at a time. It is a simple yet powerful report type that can display
any columns you want and in the required order. You can sort, search, filter and group
data in a list report.
Cross tabs
Crosstab reports summarize data in a table, much like a pivot table in Excel. The report
has rows and columns, but the intersections of the rows and columns represent summary
data.
Charts
Charts in a report give the reader a visual representation of the data they are analyzing.
Graphs
A diagram that exhibits a relationship, often functional, between two sets of numbers as a
set of points having coordinates determined by the relationship.
4. Explain the difference of Online Transaction Processing Systems versus
Data Warehouse in terms of:

Orientation
Data warehouses are designed to help you analyze data. For example, to learn more about your
company's sales data, you can build a warehouse that concentrates on sales. Using this
warehouse, you can answer questions like "Who was our best customer for this item last year?"
This ability to define a data warehouse by subject matter, sales in this case, makes the data
warehouse subject oriented.

While the Online Transaction Processing Systems facilitates and manage transaction-oriented
applications.

Function
Data warehouses are designed to accommodate ad hoc queries and data analysis. You might not
know the workload of your data warehouse in advance, so a data warehouse should be optimized to
perform well for a wide variety of possible query and analytical operations.
OLTP systems support only predefined operations. Your applications might be specifically tuned
or designed to support only these operations.

Time Variancy
A data warehouse's focus on change over time is what is meant by the term time variant. In order
to discover trends and identify hidden patterns and relationships in business, analysts need large
amounts of data.
This is very much in contrast to online transaction processing (OLTP) systems, where
performance requirements demand that historical data be moved to an archive.
5. Explain the importance of a data warehouse to organizations.
As a business grows globally, the parameters and complexities involved in analysis and decision
making become more complex. Nowadays, good decision-making becomes critical. The best
decisions are made when all the relevant data available is taken into consideration. The best
possible source for that data is a well-designed data warehouse. The concept of data
warehousing is deceptively simple. Data is extracted periodically from the applications that
support business processes and copied onto special dedicated computers. There it can be
validated, reformatted, reorganized, summarized, restructured, and supplemented with data from
other sources. The resulting data warehouse becomes the main source of information for report
generation, analysis, and presentation through ad hoc reports, portals, and dashboards. Data
warehouses can also save companies valuable time by storing important information in the same
location. Consequently data warehouses can improve business intelligence. In this case, Data
Warehousing would be a big help to companies out there.