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MSIS 3223 Final Exam Okstate Questions 100% Solved!!
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Building spreadsheet models, often called _____________, is part art and part science - ANSWERspreadsheet engineering The Process of developing good, useful, and correct spreadsheet models is known as spreadsheet engineering A. True B. False - ANSWERTrue The Process of developing good, use...

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  • November 2, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • msis 3223 stuvia 2024
  • msis 3223 final exam okstate questions 100 solved
  • building spreadsheet models often called
  • the process of developing good useful and correc

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MSIS 3223 Final Exam Okstate
Questions 100% Solved!!

Building spreadsheet models, often called _____________, is part art and part science -
ANSWERspreadsheet engineering



The Process of developing good, useful, and correct spreadsheet models is known as spreadsheet
engineering

A. True

B. False - ANSWERTrue



The Process of developing good, useful, and correct spreadsheet models is known as spreadsheet
_________ - ANSWERengineering



In predictive modeling, validity refers to how well a model represents reality.

A. True

B. False - ANSWERA.



In predictive modeling, ______ refers to how well a model represents reality.

A. True

B. False - ANSWERvalidity



Two-way data tables can evaluate only one output variable

A. True

B. False - ANSWERA.



Two-way data tables can __________only one output variable - ANSWERevaluate



Models can capture every detail of a real problem

A. True

B. False - ANSWERFalse

, Verification is the process of ensuring that a model is accurate and free from logical errors

A. True

B. False - ANSWERTrue



___________ is the process of ensuring that a model is accurate and free from logical errors -
ANSWERVerification



Excel Formula Auditing tools (in the Formulas tab) help you validate the formulas and check for
errors

A. True

B. False - ANSWERA.



One useful Excel tool is the data error feature, which allows you to define acceptable input values in
a spreadsheet and provides an error alert if an invalid entry is made.

A. True

B. False - ANSWERB.



A wide variety of practical problems in business analytics can be modeled using spreadsheets.

A. True

B. False - ANSWERA.



A wide variety of practical problems in business analytics can be modeled using _____________ -
ANSWERspreadsheets



__________________ is a visual representation of a descriptive model that shows how the elements
of the model influence or relate to others. - ANSWERInfluence diagram



Adding more realism to a model reduces its complexity.

A. True

B. False - ANSWERF.

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