Garantie de satisfaction à 100% Disponible immédiatement après paiement En ligne et en PDF Tu n'es attaché à rien
Recherché précédemment par vous
Test Bank For Business Analytics Data Analysis & Decision Making 8th Edition 2025 by S. Christian Albright, Wayne L. Winston Chapter 1-19€18,02
Ajouter au panier
Test Bank For
Business Analytics Data Analysis & Decision Making 8th Edition 2025 by S. Christian Albright,
Wayne L. Winston
Chapter 1-19
Chapter 01: Introduction to Business Analytics
True / False
1. Data analysis includes data descriptionk, data visualization, data inference, and the search for relationships in data.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Remember
2. A relatively new aspect of business analytics is big data, which typically implies the analysis of the very large data sets
that companies currently encounter.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 Introduction
LEARNING OBJECTIVES: DADM_ALWI.25.01.01 - To understand why the methods discussed in this book apply to all
business people, not just the “quant jocks.”
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Remember
3. Although it is relatively easy to collect data, it can be more challenging to understand what the data mean.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
,KEYWORDS: Bloom's: Understand
4. When we use simulation models to help make decisions, we do not deal with uncertainty, because we can carry out
calculations and avoid performing inferences.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Understand
5. We must deal with uncertainty when we make inferences from data and search for relationships in data, or when we use
decision trees to help make decisions.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Understand
6. Spreadsheet models typically involve inputs, decision variables, and outputs.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-3 Introduction to Spreadsheet Modeling
LEARNING OBJECTIVES: DADM_ALWI.25.01.03 - To start learning Excel modeling skills, including several Excel
functions that will be used throughout the book.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Understand
7. Spreadsheet modeling is the process of entering the outputs into a spreadsheet and then relating them appropriately, by
means of formulas, to obtain the decision variables.
a. True
b. False
ANSWER: False
POINTS: 1
,DIFFICULTY: Easy
REFERENCES: 1-3 Introduction to Spreadsheet Modeling
LEARNING OBJECTIVES: DADM_ALWI.25.01.03 - To start learning Excel modeling skills, including several Excel
functions that will be used throughout the book.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Understand
8. A few ways to enhance the readability of a spreadsheet model are to use a clear, logical layout of the overall model, and
to use clear headings for different sections of the model and for all inputs, decision variables, and outputs.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-3 Introduction to Spreadsheet Modeling
LEARNING OBJECTIVES: DADM_ALWI.25.01.03 - To start learning Excel modeling skills, including several Excel
functions that will be used throughout the book.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Understand
Multiple Choice
9. The decision-making themes covered in Business Analytics: Data Analysis and Decision Making include which of the
following?
a. Optimization techniques
b. Decision analysis with uncertainty
c. Structured sensitivity analysis
d. All of these choices
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.04 - To learn the importance of sensitivity analysis and how it can be
implemented in Excel with data tables.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Remember
10. Which statement is not true?
a. Dealing with uncertainty includes measuring uncertainty.
b. Dealing with uncertainty includes modeling uncertainty explicitly into the analysis.
c. Dealing with uncertainty includes eliminating uncertainty by using the normal probability distribution.
d. Dealing with uncertainty requires a basic understanding of probability.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
, REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Remember
11. What is not one of the important themes of your Business Analytics: Data Analysis & Decision Making text?
a. Data analysis
b. Dealing with uncertainty
c. Decision making
d. Data mining
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Remember
12. Data analysis includes
a. data description.
b. data inference.
c. the search for relationships in data.
d. all of these choices.
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
NATIONAL STANDARDS: United States - BUSPROG: Analytic
United States - Descriptive Statistics
KEYWORDS: Bloom's: Remember
13. Which of the following is not one of the “intermediate” features of Excel that the authors expect you to be able to use?
a. SUMPRODUCT
b. VLOOKUP
c. IF
d. DIFFERENCEPRODUCT
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-2 Overview of the Book
LEARNING OBJECTIVES: DADM_ALWI.25.01.02 -
To learn good spreadsheet practices so your spreadsheets can be understood by others.
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur solutions. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour €18,02. Vous n'êtes lié à rien après votre achat.
