What are Business Intelligence (BI) systems?

What will be an ideal response?

Business Intelligence (BI) systems are information systems used by managers and other business professionals to analyze past and current activities and to predict future events. BI systems do not support the recording and processing of operational data—this is left to transaction processing systems. Instead, BI systems are management support systems that produce information for assessment, analysis, planning and control. There are two main categories of BI systems: reporting systems and data mining applications.

Business

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The 50th percentile female is 62.9 inches tall and should have a chair:

A) 15.7 inches high. B) 16.7 inches high. C) 17.7 inches high. D) 18.7 inches high. E) none of the above

Business

Which of the following life insurance policies would have the lowest premium for a male age 40?

A) Level term B) Whole life continuous premium C) Whole life paid up at 45 D) Variable life

Business