1. What is business analystics?

Business analytics (BA) is the practice of iterative, methodical exploration of an

organization's data, with an emphasis on statistical analysis. Business analytics is used by
companies committed to data-driven decision-making.
2. Define decision models?
The Decision Model is an intellectual template for perceiving, organizing, and managing the
business logic behind a business decision. 1 An informal definition of business logic is it is a
set of business rules represented as atomic elements of conditions leading to conclusions.
3. What is spreadsheet?

A spreadsheet is a sheet of paper that shows accounting or other data in rows and columns; a
spreadsheet is also a computer application program that simulates a physical spreadsheet by
capturing, displaying, and manipulating data arranged in rows and columns. The spreadsheet
is one of the most popular uses of the personal computer.

A spreadsheet is a software application that enables a user to save, sort and manage data in an
arranged form of rows and columns.

A spreadsheet stores data in a tabular format as an electronic document. An electronic

spreadsheet is based on and is similar to the paper-based accounting worksheet.

A spreadsheet may also be called a worksheet.

4. What is dataset?

A data set (or dataset) is a collection of data. Most commonly a data set corresponds to the
contents of a single database table, or a single statistical data matrix, where every column of
the table represents a particular variable, and each row corresponds to a given member of the
data set in question.