QUESTIONS AND CORRECT ANSWERS
0.68 - CORRECT ANSWER a continuous random variable x is normally distributed with a
mean of 0 and a standard deviation of 1. The probability of an observation that lies within the range of
-1.0 <x<1.0 is:
only a small influence on the problem - CORRECT ANSWER during the pruning process, we
remove elements of the disaggregation that have:
a. the larger potential scale of impact
b. only a small influence on the problem
c. easy to affect
d. only a large influence on the problem
slice - CORRECT ANSWER in a multi-dimensional analysis, keeping one of the dimensions
constant and analyzing two dimensions of a cube is called:
discrete random variable - CORRECT ANSWER poisson distribution applied for:
a. uncertain random variable
b. irregular random variable
c. discrete random variable
d. continuous random variable
time period - CORRECT ANSWER which of the following are not examples of measures in a
multi-dimensional analysis:
a. quantity
b. cost of goods sold
c. time period
d. revenue
inductive logic tree - CORRECT ANSWER which of the following logic tree starts with sub-
elements on the left and the problem statements to the far right?
, a. inductive logic tree
b. deductive logic tree
c. hypothesis tree
d. decision tree
zip code - CORRECT ANSWER which of the following is an example of nominal data?
a. IQ score
b. zip code
c. course grade
d. speed of car
activities and intermediate outputs - CORRECT ANSWER which of the following is not a
characteristic of good problem statements:
a. structured to allow sufficient scope for creativity
b. address decision-makers values
c. specific and measurable where possible
d. activities and intermediate outputs
both mutually exclusive and collectively exhaustive - CORRECT ANSWER during the problem
disaggregation process, the logic trees should have branches that are:
a. both mutually exclusive and collectively exhaustive
b. collectively exhaustive
c. mutually exclusive
d. neither mutually exclusive or collectively exhaustive
HLOOKUP works exactly like VLOOKUP, except that the data in the lookup table is organized in
rows instead of columns - CORRECT ANSWER what is the the difference between VLOOKUP
and HLOOKUP?
focused on strategy - CORRECT ANSWER what was the primary focus on managerial skills in
the 1970s?
a. focused on execution