Cell references - correct answer _____ in formulas can be written with either
relative addresses or absolute addresses.
Relative - correct answer A(n) _____ address uses just the row and column label
in the cell reference (for example A4 or C23).
Absolute - correct answer A(n) _____ address uses a dollar sign ($) before either
the row or column or both ($A2, C$23, or $B$15).
B$4 - correct answer Using a dollar sign ($) before a row label (for example _____)
keeps the reference fixed to row 4 but allows the column reference to change if
the formula is copied to another cell.
$B$4 - correct answer Using a dollar sign ($) before both the row and column (for
example _____) will keep the reference fixed for both the row and column.
Insert - correct answer The easiest way to locate a particular function is to select
a cell and click the _____ function button (fx) which can be found under the
ribbon next to the formula bar.
,MIN(range) - correct answer Function in Excel:
finds the smallest value in a range of cells.
MAX(range) - correct answer Function in Excel:
finds the largest value in a range of cells.
SUM(range) - correct answer Function in Excel:
finds the sum of values in a range of cells.
AVERAGE(range) - correct answer Function in Excel:
finds the average of the values in a range of cells.
COUNT(range) - correct answer Function in Excel:
finds the number of cells in a range that contains numbers.
COUNTIF(range, criteria) - correct answer Function in Excel:
finds the number of cells within a range that meet a specified criterion.
Net Present Value (NPV) - correct answer Measures the worth of a stream of cash
flows, taking into account the time value of money.
, Discount Rate - correct answer The _____ reflects the opportunity costs of
spending funds now versus achieving a return through another investment, as
well as the risks associated with not receiving returns until a later time.
positive NPV - correct answer A _____ means that the investment will provide
added value because the projected return exceeds the discount rate.
Descriptive Analytics - correct answer The most commonly used and most-well
understood type of analytics. Summarizes data into meaningful charts & reports,
for example, about budgets, sales, revenues, or cost.
Predictive Analytics - correct answer Seeks to predict the future by examining
historical data, detecting patterns or relationships in these data, & then
extrapolating these relationships forward in time.
Prescriptive Analytics - correct answer Uses optimization to identify the best
alternatives to minimize or maximize some objective.
decision - correct answer Many _____ models can be formalized using a model.
Model - correct answer A _____ is an abstraction or representation of a real
system, idea, or object. They capture the most important feature of a problem &
present them in a form that is easy to interpret.
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 Lectjohnson. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
