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TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Verified Chapters 1 - 19, Complete Newest Version $17.99
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TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Verified Chapters 1 - 19, Complete Newest Version
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TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Verified Chapters 1 - 19, Complete Newest Version TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Ver...

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  • October 4, 2024
  • 925
  • 2024/2025
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  • 9780357109953
  • business analytics 7
  • business analytics 7th edition
  • test bank for business analytics data analysis
  • test bank for business analytics data analysis
  • business analytics 7th edition quizlet

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TEST BANK

Business Analytics: Data Analysis & Decision Making,
7th Edition. S. Christian Albright, Wayne L. Winston

Verified Chapters 1 - 19, Complete




BusinessGAnalytics:GDataGAnalysisG&GDecisionGMaking,

,Chapter 1. Introduction to Business Analytics
G G G G G




1. TheGdecision-
makingGthemesGcoveredGinGBusinessGAnalytics:GDataGAnalysisG&GDecisionGMakingGincludeGwhichGofGtheG following?
a. optimizationGtechniques b.GdecisionGanalysisGwithGuncertainty
c.GstructuredGsensitivityGanalysis d.GallGofGtheseGchoices
ANSWER: d
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GKnowledge
TOPICS: A-Head:G1-2GOverviewGofGtheGBook
OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

2. WhichGstatementGisGnotGtrue?
a. DealingGwithGuncertaintyGincludesGmeasuringGuncertainty.
b. DealingGwithGuncertaintyGincludesGmodelingGuncertaintyGexplicitlyGintoGtheGanalysis.
c. DealingGwithGuncertaintyGincludesGeliminatingGuncertaintyGbyGusingGtheGnormalGprobabilityGdistribution.
d. DealingGwithGuncertaintyGrequiresGaGbasicGunderstandingGofGprobability.
ANSWER: c
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GKnowledge
TOPICS: A-Head:G1.2GOverviewGofGtheGBook
OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

3. WhatGisGnotGoneGofGtheGimportantGthemesGofGyourGBusinessGAnalytics:GDataGAnalysisG&GDecisionGMakingGtext?
a. dataGanalysis b.GdealingGwithGuncertainty
c.GdecisionGmaking d.GdataGmining
ANSWER: d
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GKnowledge
TOPICS: A-Head:G1.2GOverviewGofGtheGBook
OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

4. DataGanalysisGincludes:
a. dataGdescription b.GdataGinference
c.GtheGsearchGforGrelationshipsGinGdata d.GallGofGtheseGchoices
ANSWER: d
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GKnowledge
TOPICS: A-Head:G1.2GOverviewGofGtheGBook

BusinessGAnalytics:GDataGAnalysisG&GDecisionGMaking,

,OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

5. WhichGofGtheGfollowingGisGnotGoneGofGtheGstepsGinGtheGmodelingGprocess?
a. SelectGtheGscaleGforGtheGmodel.
b. CollectGandGsummarizeGdata.




BusinessGAnalytics:GDataGAnalysisG&GDecisionGMaking,

, c. VerifyGtheGmodel.
d. PresentGtheGresults.
e. ImplementGtheGmodelGandGupdateGitGthroughGtime.
ANSWER: a
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GComprehension
TOPICS: A-Head:G1.2GOverviewGofGtheGBook
OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

6. WhichGofGtheGfollowingGwouldGnotGbeGincludedGunderGdataGanalysis?
a. measuringGuncertainty b.GdataGdescription
c.GdataGinference d.GsearchGforGrelationships
ANSWER: a
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GComprehension
TOPICS: A-Head:G1.2GOverviewGofGtheGBook
OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

7. TheGdecisionGmakingGprocessGincludes:
a. optimizationGtechniquesGforGproblemsGwithGnoGuncertainty
b. decisionGanalysisGforGproblemsGwithGuncertainty
c. sensitivityGanalysis
d. allGofGtheseGchoices
ANSWER: d
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GKnowledge
TOPICS: A-Head:G1.2GOverviewGofGtheGBook
OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

8. WhichGtoolGisGanGExcelGG add-inGforGperformingGwhat-ifGanalyses?
®

a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY:G EasyG|GBloom's:GComprehension
TOPICS: A-Head:G1.2GOverviewGofGtheGBook
OTHER: BUSPROG:GAnalyticG|GDISC:GDecisionGMaking

BusinessGAnalytics:GDataGAnalysisG&GDecisionGMaking,

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