Specify the BI applications available to users for data analysis, and provide examples of how each one might be used to solve a business problem at your university.

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Specify the BI applications available to users for data analysis, and provide examples of how each one might be used to solve a business problem at your university.



Answer: Users have a variety of BI applications available to help them analyze data. These applications include multi-dimensional analysis, data mining, and decision support systems.
Multidimensional data analysis, also called on-line analytical processing (OLAP), involves "slicing and dicing" data stored in a dimensional format, drilling down to greater data detail, and aggregating data. Data mining is the process of searching for valuable business information in a large database, data warehouse, or data mart. Decision support systems (DSS) combine models and data in an attempt to analyze semi-structured and some unstructured problems with extensive user involvement.

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