Exam (elaborations)

BANA 2082 - Exam 1 Questions & Answers

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bana 2082 exam 1 questions answers business a

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BANA 2082 - Exam 1 Questions & Answers
Business Analytics II (University of Cincinnati)

BANA 2082 - Exam 1 Questions & Answers
Business Analytics II (University of Cincinnati)
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1.) Data dashboards are a type of _________ analytics.
Answer: desciptive
2.) _______________ analytics are techniques that use models, constructed from past data, to
predict
the future or to ascertain the impact of one variable on another.
Answer: predictive
3.) _______________ analytics use techniques that take input data and yield a best course of
action.
Answer: prescriptive
4.) Corporate-level managers use ______ to summarize sales by region, current inventory
levels, and
other company-wide metrics all in a single screen.
Answer: data dashboards
5.) A forecast that helps direct police officers to areas where crimes are likely to occur based on
past data
is an example of
Answer: predictive analytics.
6.) The company identified in Chapter 3, Analytics in Action, is
Answer: Cincinnati Zoo & Botanical Garden
7.) The Analytics in Action example in Chapter 3 concerned
Answer: a data dashboard
8.) Chapter 3 focuses on

,Answer: data visualization
9.) Data-ink is the ink used in a table or chart that
Answer: is necessary to convey the meaning of the data to the audience.
10.) The ratio of the amount of ink used in a table or chart that is necessary to convey
information to the
total amount of ink used in the table and chart is known as data-ink ratio. Using additional ink
that is not
necessary to convey information has what effect on the data-ink ratio?
Answer: reduces
11.) Deleting the grid lines in a table and the horizontal lines in a chart
Answer: increases the data-ink ratio
12.) In many cases, white space in a chart can improve
Answer: readability
13.) Tables should be used instead of charts when
Answer: the values being displayed have different units or very different magnitudes
14.) Which one of the following statements is not true concerning PivotTables in Excel?
Answer: PivotTables can only be used if one variable is categorical and the other is quantitative
data
15.) Fields may be chosen to represent all of the following except ____________ in the body of
a
PivotTable.
Answer: filters
16.) The software package most commonly used for creating simple charts is
Answer: Excel
17.) In the file, MajorSalary, data have been collected from 111 College of Business graduates
on their
monthly starting salaries. Create a PivotTable. Which major has the greatest number of
graduates?
Answer: Accounting

, 18.) Using a PivotTable and the MajorSalary data, determine the average starting salary of
management
majors. Round your answer to two decimal places and do not include a dollar sign.
Answer: 3180
19.) Using a PivotTable and the MajorSalary data, determine the highest starting salary for Info
Systems
majors. Round your answer to two decimal places and do not include a dollar sign.
Answer: 5030
20.) The attached file shows the number of U.S. locations for the top 20 U.S. franchises. Create
a
PivotTable and group the number of locations starting at zero, ending at 39,999 by 10,000. How
many
franchises are in the 0 to 9999 category?
Answer: 13
21.) Based on the assigned web article, in the Dodgers Front Office how many people have the
term
analyst or research in their titles?
Answer: 21
22.) A _____________ is a graphical presentation of the relationship between two quantitative
variables.
Answer: scatter chart
23.) A _____________ is a line that provides an approximation of the relationship between the
variables.
Answer: trendline
24.) In order to visualize three variables in a two-dimensional graph, we use a
Answer: bubble chart
25.) DJ needs to display data over time. Which of the following charts should he use?
Answer: Line chart
26.) A line chart that has no axes but is used to provide information on overall trends for time
series data

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