100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
TEST BANK For Business Analytics: Data Analysis & Decision Making, 8th Edition by (S. Christian Albright, 2024) Verified || All Chapters 1 - 19 || Newest Version, Complete Solution || Guide A+.$17.99
Add to cart
Business Analytics Data Analysis & Decision Making
Business Analytics Data Analysis & Decision Making
Exam (elaborations)
TEST BANK For Business Analytics: Data Analysis & Decision Making, 8th Edition by (S. Christian Albright, 2024) Verified || All Chapters 1 - 19 || Newest Version, Complete Solution || Guide A+.
1 view 0 purchase
Course
Business Analytics Data Analysis & Decision Making
Institution
Business Analytics Data Analysis & Decision Making
TEST BANK For Business Analytics: Data Analysis & Decision Making, 8th Edition by (S. Christian Albright, 2024) Verified || All Chapters 1 - 19 || Newest Version, Complete Solution || Guide A+.TEST BANK For Business Analytics: Data Analysis & Decision Making, 8th Edition by (S. Christian Albright,...
, Business Analytics Data Analysis and Decision M 8th complete
ij ijj ij ij ij ij ij ij ij iju ij ij ij ij ij ij ij ij ij ij ij ij
exam questions and answers Chapter 1-19
ij ij ij ij ij ij ij ij ij ij ij ij ij ij ij ij ij
1. The decision-making themes covered in Business Analytics: Data Analysis & Decision Making include
ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju
ijdnju which of the following?
ijdnju ijdnju ijdnju
a. optimization techniques ijd nju b. decision analysis with ijdnju ijdnju
uncertainty
ijdnju
c. structured sensitivity analysis ijdnju ijdnju d. all of these choices ijdnju ijdnju ijdnju
2. Which statement ijdnju is not true?
ijdnju ijdnju ijdnju
a. Dealing with ijdnju uncertainty includes measuring uncertainty.
ijdnju ijdnju ijdnju ijdnju
b. Dealing with ijdnju uncertainty includes modeling uncertainty explicitly into the analysis.
ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju
c. Dealing with uncertainty includes eliminating uncertainty by using the normal probability
ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju
distribution.
ijdnju
d. Dealing with uncertainty requires a basic understanding of probability.
ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju
3. What is not one of the important themes of your Business Analytics: Data Analysis & Decision Making text?
ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju
a. data analysis b. dealing with uncertainty
ijdnju ijdnju ijdnju
, 5. Which of the following is not one of the steps in the modeling process?
ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju
a. Select the scale for the ijdnju ijdnju ijdnju ijdnju
ijdnju model.
b. Collect and summarize data. ijdnju ijdnju ijdnju
c. Verify the model. ijdnju ijdnju
d. Present the results. ijdnju ijdnju
e. Implement the model and update it through time. ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju ijdnju
a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension ijdnju ijdnju ijdnju
TOPICS: A-Head: 1.2 Overview of the Book ijdnju ijdnju ijdnju ijdnju ijdnju
Page 4
ijdnju
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller DREAMS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
