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TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Verified Chapters 1 - 19, Complete Newest Version $18.99
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TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Verified Chapters 1 - 19, Complete Newest Version
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TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Verified Chapters 1 - 19, Complete Newest Version TEST BANK For Business Analytics: Data Analysis & Decision Making, 7th Edition by S. Christian Albright, Wayne L. Winston, Ver...

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  • October 15, 2024
  • 923
  • 2024/2025
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  • 9780357109953
  • business
  • business analytics 7th edition
  • test bank for business analytics data analysis
  • test bank for business analytics data analysis
  • business analytics 7th edition quizlet

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TEST BANK

Business Analytics: Data Analysis & Decision Making,
7th Edition. S. Christian Albright, Wayne L. Winston
Verified Chapters 1 - 19, Complete




BusinesspAnalytics:pDatapAnalysisp&pDecisionpMaking,

,Chapter 1. Introduction to Business Analytics
p p p p p




1. Thepdecision-
makingpthemespcoveredpinpBusinesspAnalytics:pDatapAnalysisp&pDecisionpMakingpincludepwhichpofpthep following?
a. optimizationptechniques b.pdecisionpanalysispwithpuncertainty
c.pstructuredpsensitivitypanalysis d.pallpofpthesepchoices
ANSWER: d
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pKnowledge
TOPICS: A-Head:p1-2pOverviewpofpthepBook
OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

2. Whichpstatementpispnotptrue?
a. Dealingpwithpuncertaintypincludespmeasuringpuncertainty.
b. Dealingpwithpuncertaintypincludespmodelingpuncertaintypexplicitlypintopthepanalysis.
c. Dealingpwithpuncertaintypincludespeliminatingpuncertaintypbypusingpthepnormalpprobabilitypdistribution.
d. Dealingpwithpuncertaintyprequirespapbasicpunderstandingpofpprobability.
ANSWER: c
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pKnowledge
TOPICS: A-Head:p1.2pOverviewpofpthepBook
OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

3. WhatpispnotponepofpthepimportantpthemespofpyourpBusinesspAnalytics:pDatapAnalysisp&pDecisionpMakingptext?
a. datapanalysis b.pdealingpwithpuncertainty
c.pdecisionpmaking d.pdatapmining
ANSWER: d
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pKnowledge
TOPICS: A-Head:p1.2pOverviewpofpthepBook
OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

4. Datapanalysispincludes:
a. datapdescription b.pdatapinference
c.p thepsearchpforprelationshipspinpdata d.pallpofpthesepchoices
ANSWER: d
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pKnowledge
TOPICS: A-Head:p1.2pOverviewpofpthepBook

BusinesspAnalytics:pDatapAnalysisp&pDecisionpMaking,

,OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

5. Whichpofpthepfollowingpispnotponepofpthepstepspinpthepmodelingpprocess?
a. Selectpthepscalepforpthepmodel.
b. Collectpandpsummarizepdata.




BusinesspAnalytics:pDatapAnalysisp&pDecisionpMaking,

, c. Verifypthepmodel.
d. Presentpthepresults.
e. Implementpthepmodelpandpupdatepitpthroughptime.
ANSWER: a
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pComprehension
TOPICS: A-Head:p1.2pOverviewpofpthepBook
OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

6. Whichpofpthepfollowingpwouldpnotpbepincludedpunderpdatapanalysis?
a. measuringpuncertainty b.pdatapdescription
c.pdatapinference d.psearchpforprelationships
ANSWER: a
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pComprehension
TOPICS: A-Head:p1.2pOverviewpofpthepBook
OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

7. Thepdecisionpmakingpprocesspincludes:
a. optimizationptechniquespforpproblemspwithpnopuncertainty
b. decisionpanalysispforpproblemspwithpuncertainty
c. sensitivitypanalysis
d. allpofpthesepchoices
ANSWER: d
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pKnowledge
TOPICS: A-Head:p1.2pOverviewpofpthepBook
OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

8. WhichptoolpispanpExcpp
el add-inpforpperformingpwhat-ifpanalyses?
®

a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY:p Easyp|pBloom's:pComprehension
TOPICS: A-Head:p1.2pOverviewpofpthepBook
OTHER: BUSPROG:pAnalyticp|pDISC:pDecisionpMaking

BusinesspAnalytics:pDatapAnalysisp&pDecisionpMaking,

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