Sumproduct - Study guides, Class notes & Summaries

BANA 2 Final Exam Questions Fully Solved Latest Update 2025 Already Passed The company identified in Chapter 10, Analytics in Action, is - Answers Proctor and Gamble The Analytics in Action example in Chapter 10 concerned - Answers inventory analysis Chapter 10 focuses on - Answers spreadsheet models A(n) _____________ is a visual representation that shows which entities affect others in a model. - Answers influence diagram In _______________ decision making companies have to decide whethe...

frequency formula =countif(range,criteria) percent frequency formula =(frequency cell)/sum(range) you need frequency and the total frequencies relative frequency =(frequency cell)/(total cell) you need the frequency and the total Histogram a visual display of a frequency, relative frequency, or percent frequency distribution. Var of interest is on the horizontal axis and frequencies are on the vertical axis. average/mean formula =average(range) Media...

Wall Street Prep Excel Crash Course Exam 246 Questions with Verified Answers Keyboard Versus the Mouse - CORRECT ANSWER Almost everything that can be done in Excel using a mouse can also be done using the keyboard shortcuts Best way to learn is to disconnect the mouse and work through Excel using only the keyboard Name Box - CORRECT ANSWER Tells you what cell you are in (top left below the ribbon) Formula Bar - CORRECT ANSWER When you insert a formula into a cell and hit return, the ce...

sumproduct - ANSWER (range,range) sum of the products of matched up values in ranges 5 steps in formulating a linear program - ANSWER 1. Understand the decision problem. 2. Define the decision variables. 3. Express the objective as a linear function of the decision variables. 4. Express each constraint as a linear inequality. 5. Identify all upper and lower bounds on the decision variables. Flaw of averages - ANSWER Estimate based on the assumption that average conditions will occur is alw...

BSIS TEST QUESTIONS WITH 100% CORRECT ANSWERS Which statement is NOT true of influence diagrams? - Answer-The influence diagram is a means of gaining influence over competitors. The following table is used to look up information on a specific product. The Product ID is entered into cell B2 and the information is returned in the shaded box. What would be generated by Excel if you select "Trace Precedents" in the Formula Auditing Group on the Formulas tab? - Answer-PRECEDENTS IS THE &gt...

SCM315 final Exam Questions and Answers 100% Correct | latest update average function definition - returns the average (mean) of its arguments; can be numbers or names, arrays, or references that contain numbers average function arguments - whatever you want to find average of minimum function definition - returns the smallest number in a set of values, ignores logical values and text minimum function arguments - =MIN(number 1, number 2, etc) maximum function defintion - returns the lar...

SUMPRODUCT(array 1, array 2, ...)is a function of adding up the products of numbersat the same positions in multiple arrays SUMPRODUCT Condition:Input arrays must have the same size and structure (orientation).SUMPRODUCT Function VLOOKUP(lookup_value, table_array, col_index_num, range_lookup):return a value fromthe specified column (col_index_num) at the row of the matched identifier (lookup_value)in the selected table (table_array) lookup_value: data point in Table A to match with id...

EXCEL Competency Exam PracticeThe AutoAdd function adds up numbers in a column or row you specify a) True b) False b) False "AAA" is an example of a _______ in Excel a) cell reference b) column heading c) name box d) row heading b) column heading _______ quickly highlight(s) important information in a spreadsheet that match your criteria by applying formatting options, data bars, color scales, or icon sets. a) cell references b) conditional formatting c) Excel tabl...

YEARFRAC Function - ANSWER-Definition: A function that return the proportion of the year between two given dates, the start_date and the end_date. An optional basis parameter can be used do represent the number of days per month/year used to calculate the proportion of the year. Optional Basis Parameters: 1. 0 - or Omitted = U.S. 30/360 2. 1 - Actual/Actual 3. 2 - Actual/360 4. 3 - Actual/365 5. 4 - European 30/360 Explanation: Simply input the start_date and the end_date with the desir...

=AVERAGE(number1,[number2],...) - Average Function =IF(logical test, [value if true], [value if false]) - Simple IF Function =IFS(logical test n, value if true n, value if false n) - IFS Function =IFERROR(value, value_if_error) - IFERROR Function =EOMONTH(start_date,months) - EOMONTH Function =EDATE(start date,months) - EDATE Function =ISNUMBER(value) - ISNUMBER Function =ISTEXT(value) - ISTEXT Function =YEARFRAC(start_date,End_date,Basis) - YEA...