What two aspects of modern data analytics enhance data-driven decision making compared with traditional data analysis methods? (Choose two.)
- real-time incoming data
- well-defined data structures
- data from multiple sources
- data stored in a central data warehouse
- predominant use of descriptive analytical tools
Explanation: Traditional analytics use descriptive analytical tools and they rely on structured data stored in a single data warehouse. This type of analysis only uses historical data. However, modern analytics takes advantage of both structured and unstructured data collected in real-time from multiple multiple data sources to enable businesses to make decisions quickly in response to situation changes.
Exam with this question: Big data & Analytics Chapter 2 Quiz Answers – Fundamentals of Data Analysis
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