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DSIMGTS FINALS REVIEWER New 202-2024 /Questions With Verified Answers Graded (A+) £6.49   Add to cart

Exam (elaborations)

DSIMGTS FINALS REVIEWER New 202-2024 /Questions With Verified Answers Graded (A+)

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DSIMGTS FINALS REVIEWER New 202-2024 /Questions With Verified Answers Graded (A+)

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  • November 30, 2023
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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HELLENAH
DSIMGTS FINALS REVIEWER New 202-2024
/Questions With Verified Answers Graded (A+)
Quiz :Business Analytics - Answer :A field of study that uses computers,
statistics, and mathematics to solve business problems.

Quiz :Computer Model - Answer :A set of mathematical relationships and
logical assumptions implemented in a computer as an abstract representation
of a real-world object of phenomenon

Quiz :Spreadsheets - Answer :the most convenient way for business people to
build computer models.

Quiz :Characteristics of Models - Answer :Simplified, Valid

Quiz :Benefits of Models - Answer :Economy, Timeliness, Feasibility, Insight
and Understanding

Quiz :Problem Solving Framework - Answer :1. Identify Problem
2. Formulate and Implement Model
3. Analyze Model
4. Test Results
5. Implement Solution

Quiz :Anchoring Effects - Answer :when trivial factors influence initial thinking
about a problem.

Quiz :Framing Effects - Answer :how decision-makers view a problem from a
win-loss perspective

Quiz :Regression analysis - Answer :statistical procedure used to develop an
equation showing how two or more variables are related

Quiz :Dependent Variable - Answer :*Response
*Variable being predicted (y variable)

Quiz :Independent variables - Answer :*Predictor Variables
*Used to predict the value of the dependent variable (x variable)

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