MSIS 3223 EXAM QUESTIONS AND ANSWERS
Descriptive Analytics - Answers- the use of data to understand past and current
business performance and make informed decisions
Descriptive analytics helps detects hidden patterns in large quantities of data to group
data into sets to predict behavior. - Answers- False
A manager at Academy wishes to know the company's revenue and profit in its previous
quarter. Predictive analytics is what the manager should use for this task. - Answers-
False
Prescriptive analytics can help a company address the best way of shipping goods from
their factories to minimize costs. - Answers- True
Decision models typically have three types of input: Data, uncontrollable inputs, and
decision options. - Answers- True
A database is a collection of related files (tables) containing records on people, places
or things. - Answers- True
(This question text is only available on the projector or screen in the classroom.) -
Answers- Dragging a field into the Report Filter area allows addition of a third dimension
to the analysis.
AND(condition 1, condition 2...) is a logical function that returns TRUE if all conditions
are true and FALSE if not. - Answers- True
The Pareto principle is often called the "80--20 rule." - Answers- True
The filter tool extracts records meeting the specified criteria, deleting any records that
don't match the criteria. - Answers- False
Three useful logical functions in business analytics applications are IF, AND, and OR
followed by conditions in parentheses. - Answers- True
From controls are buttons, boxes, and other mechanisms for inputting or changing data
on spreadsheets easily and used to design user-friendly spreadsheets. - Answers- True
PivotTables may be used to facilitate data visualization and statistical analysis of data
sets. - Answers- True
Excel has a tool called 'dicers' for drilling down data in a PivotTable to display as subject
of that data. - Answers- False
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