Exam (elaborations)
MSIS 3223 - Nord - Okstate - Exam 1.pdf
- Course
- Msis 3223
- Institution
- Oklahoma State University - Oklahoma City
MSIS 3223 - Nord - Okstate - Exam
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MSIS 3223 - Nord - Okstate - Exam 1Which of the following ways would 10 raised to the power of 2 × 5 raised to
the power of 3/ 100 - 73 be represented in an Excel spreadsheet? - correct answer
10^2 * 5^ - 73
Which of the following is a difference between relative addressing and
absolute addressing when using cell formulas in Excel? - correct answer A
relative address uses just the row and column label in the cell reference; an
absolute address uses a dollar sign before either the row or column label.
To copy a formula from a single cell or range of cells down a column or
across a row, first________, click and hold the mouse on the small square in
the lower right-hand corner of the cell, and drag the formula to the "target"
cells which you wish to copy. - correct answer select the cell or range
The easiest way to locate a particular function is to select a cell and click on
the Insert function button represented by ________ on the Excel ribbon. - correct
answer fx
The Excel function of ________ is used to find the largest value in a range of
cells. - correct answer MAX(range)
, ________ measures the worth of a stream of cash flows, taking into account
the time value of money. - correct answer Net present value
Descriptive analytics: - correct answer helps companies classify their customers
into segments to develop specific
marketing campaigns.
Predictive analytics: - correct answer detects patterns in historical data and
extrapolates them forward in time
Which of the following questions will prescriptive analytics help a company
address? - correct answer What is the best way of shipping goods from their
factories to minimize costs?
The demand for coffee beans over a period of three months has been
represented in the form of an L-shaped curve. Which form of model was
used here? - correct answer visual model
Decision variables: - correct answer can be selected at the discretion of the
decision maker
Descriptive decision models: - correct answer describe relationships but do not
tell a manager what to do.
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