Professional Documents
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INTELLIGENCE
MIT
ASSIGNMENT
NO.2
BUSINESS
(political,
economic,
socio-cultural,
technological,
legal,
EXPLANATION:
SWOT Analysis focuses on the companys Strength, Weakness,
Opportunities and Threat. SWOT analysis is being done by the top
management to oversee the companys current status. In SWOT analysis, it
will include issues such as the Strong points of the company, drawback of the
company which needs to be lessened or eliminated, chances that can be
grabbed for the development of the company and the competitors or the firm.
Also in SWOT analysis future projects will be overviewed. Usually in top
management meeting in SWOT they prepare their plan for the next 5 years for
the company. This method is really useful and effective. In PESTLE analysis
all the relative data coming from the representatives or department of the
company are included. Factors within the organization will be summarized to
identify what are the possible causes that affect the organization. Additionally,
in PESTLE analysis internal and external influences are highlighted to make
the examination of the companys eminence wider.
Moreover,
multidimensionality.
relational
database
management
is
used
in
EXPLANATION:
Company needs highly visual business intelligence tools that can help
them
make
the
right
decisions
quickly
through
data
visualization.
Regression Analysis
Sampling
Requirements
ONEWAY ANOVA tests the equality of group means for a single specified
variable. For example, The F ratio tests the statistical significance between
means.
The Analysis
The ANOVA is done with the Ho: 1 = 2 = 3 = ..= k
Next, using the tables, the F-value with degrees of freedom v1 (v1 = D.F. of
the numerator i.e. of MS(Treatment) = k-1) and v2 (v2 = D.F. of the
denominator i.e. of MS(Error) = n-k), and for the significance level used in the
analysis, is obtained.
http://www.qualtrics.com/university/researchsuite/research-resources/dataanalysis-guides/advanced-analysis-methods/anova/
EXPLANATION: This method includes mathematical formulas to derive with
the assumption in collecting and analysis of data, which includes the total
number of all observations in a sample and the variance. Through this
advance method, the management will be able to know if there is sufficient
evidence to accept or reject the experts hypothesis.
b. Cluster Analysis1
Cluster analysis, like reduced space analysis (factor analysis), is concerned
with data matrices in which the variables have not been partitioned
beforehand into criterion versus predictor subsets. In reduced space analysis
our interest centers on reducing the variable space to a smaller number of
orthogonal dimensions, which maintains most of the informationmetric or
ordinal contained in the original data matrix. Emphasis is placed on the
variables rather than on the subjects (rows) of the data matrix. In contrast,
cluster analysis is concerned with the similarity of the subjectsthat is, the
resemblance of their profiles over the whole set of variables. These variables
EXPLANATION:
In clustering method, it focuses more on grouping the variables or the
participants with the same profile then the results will be examined. Example
the researcher is studying computer games, through conducting a survey
he/she can evaluate if more of the teenagers today are used to playing
computer games. To be able to do this, clustering method will be used. The
researcher needs to include the profile of the respondents such as their age
and gender. Example with the result of the survey from 100 respondents 30 of
the female teenagers answered that they are not used to playing computer
games. With this result of clustering, it will provide additional insights to the
programmers such as focusing more on developing games that will be used
by male teenagers.
c.Factor Analysis
Factor analysis is a data reduction technique for identifying the internal
structure of a set of variables. Unlike other techniques like Regression
analysis or ANOVA, factor analysis does not require that predictor and
criterion variables be defined. Factor analysis attempts to identify the
relationship between all variables included in the analysis set.
Factor analysis is decompositional in nature in that it identifies the underlying
relationships that exist within a set of variables. Factor analysis creates
groups of metric variables (interval or ratio scaled) called factors. A factor is
an underlying quality found to be characteristic of the original variables. Two
types of factors exist. Common factors have effects shared in common with
more than one observed variable. Unique factors have effects that are unique
to a specific variable.
http://www.qualtrics.com/university/researchsuite/research-resources/dataanalysis-guides/advanced-analysis-methods/anova/
EXPLANATION:
A good example of factor analysis in the academe is the result of the students
grades. Given the data below lets compare the performance of the students
using factor analysis.
Math
Physics
English
STUDENT A
90
90
75
STUDENT B
75
95
90
Based form the students grade, can we say that student A is smarter
than students B since math and science are the one of the difficult subjects?
In factor analysis, it focuses more on the subject. In the given example we will
not focuses on their grades but instead the total performance of the student
and factors that can be considered in getting the results. Certain factors can
be cogitated, students get high grades in some subjects because it is their
interest. In the given example student B got 95 in physics on the other hand
student B only got 75 in math. Physics and Math both have computations so
how come students B got low grade in math. This means that the
performance of the students is not consistent it depends on various factors.
Do they belong in the same section? Do they have the same teacher?
Analysis with these questions can give you idea that there are a lot of factors
to be considered in analyzing a certain issue.
(http://csbdu.in/econtent/Data%20Mining%20&%20Warehousing/Unit%20
V.pdf)
EXPLANATION: This only means that OLAP limits its users wherein it will
only include the management and decision makers. Approval for every
transaction is required for OLAP while in the OLTP, it is designed for the
users who manipulate and control the whole transaction in a company.
hoc
and
often
much
more
complex
operations.
http://csbdu.in/econtent/Data%20Mining%20&%20Warehousing/Unit%20V.pd
f
EXPLANATION: In functionality, OLTP is mostly used, because OLTP
includes the daily transaction of the company. While in OLAP it focuses more
on additional inquiries, issues that needs a deep analysis of the transaction
from the decision makers. Example in a school, OLTP is the online viewing of
grades while the OLAP occurs when there are discrepancies with the grade
being posted in the online grading system. With this dilemma, the teacher
needs to justify and make report of the reason of the changes in the grades.
Changes will not be made immediately, approval to the department head and
registrar is necessary. If approved, then the registrar will make changes in the
online site.
5. Data: OLTP systems normally deal only with the current status of
information. For example, information about an employee who left
three
years
ago
may
not
be
available.
http://csbdu.in/econtent/Data%20Mining%20&%20Warehousing/Unit%
20V.pdf
EXPLANATION: In terms of data, OLAP has more data stored in the data
warehouse because all the previous records are included while in OLTP it just
need the current data of the transaction
7. Explain the concept of multidimensionality and how can it improve
decision making
EXPLANATION: Multidimensional analysis is being used by most of the
companies nowadays to examine the companys progress and status. In
multidimensional, all factors are considered including the time constraints,
assets, product category, components, customers, sales measures etc. With
these data being consolidated, the management can study the current
condition of the company and make decisions for the growth of the firm.
find what's relevant and what's important and to explore different scenarios
related for the success of the company.
9.Explain GIS. GIS and Business Intelligence: The Geographic Advantage
An ESRI White Paper September 2006
Historically, business intelligence (BI) and geographic information system
(GIS) technology have followed separate development and implementation
paths. Customer requests for a more complete operational picture and the
ability to be more proactive have led to the combination of these two
technologies. Regulatory requirements have also raised the visibility of both
technologies within many organizations. In response to BI and GIS users,
leading BI providers have been integrating the two technologies and providing
innovative solutions to a growing number of end users. The users are
responding with new applications that leverage the synergy of the combined
technologies.
This white paper describes the purpose and benefits of both GIS and BI, the
technological advancements that have fostered their integration, and the
synergistic benefits of integrated applications that can benefit the entire
organization without disrupting existing IT environments.
GIS is a mature technology that began in university computer science
departments in the late 1960s. The seminal idea was associating data with
geographically referenced map graphics to allow an understanding of the
influence of geography on behaviors and outcomes.
Today's GIS recognizes the location component of data and associates data
with geographic features maintained in a GIS. Features in a GIS are graphic
representations of actual features, such as roads, rivers, and forests, and
conceptual features such as political boundaries or service areas. Associating
data with features lets users organize data based on the geographic location
of each record in the data. This geographic organization, presented as a map,
reveals spatial relationships and influences that cannot be identified in
traditional tabular views of data.
Explanation: In our generation today Geographic information systems are
now in the trend. For example in municipalities, they can use GIS system to
map and locate the addresses of barangay floodplain boundaries. With this
information, they can estimate the total financial impact on reserves from a
potential catastrophic flood. Moreover in private cars, GIS is deemed
necessary to help the traveler map his destination in an easier and fastest
way.