analysis
26, 6:50:55
decision
Page
AMTest
1 making
of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Bank6th
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by Sanalytics
Christiandata
Albright
analysis
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Winston making
Chapters
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AMTest
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionBank
by S for
Christian
Business
Albright
analytics
and data
Winston
analysis
Chapters
decision
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
Test Bank Business Analytics Data Analysis and Decision Making 6th complete exam
questions and answers Chapter 1-20
1. The decision-making themes covered in Business Analytics: Data Analysis & 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 | Bloom's: Knowledge
TOPICS: A-Head: 1-2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
2. 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 | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
3. 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 | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
4. 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 | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
5. Which of the following is not one of the steps in the modeling process?
a. Select the scale for the model.
b. Collect and summarize data.
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AMTest
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editionAMTest
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andanalytics
Winston data
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1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
decision making 6th edition by S
,analysis
26, 6:50:55
decision
Page
AMTest
2 making
of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Bank6th
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Business
by Sanalytics
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Albright
analysis
and decision
Winston making
Chapters
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AMTest
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionBank
by S for
Christian
Business
Albright
analytics
and data
Winston
analysis
Chapters
decision
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
c. Verify the model.
d. Present the results.
e. Implement the model and update it through time.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
6. Which of the following would not be included under data analysis?
a. measuring uncertainty b. data description
c. data inference d. search for relationships
ANSWER: a
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
7. The decision making process includes:
a. optimization techniques for problems with no uncertainty
b. decision analysis for problems with uncertainty
c. sensitivity analysis
d. all of these choices
ANSWER: d
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
®
8. Which tool is an Excel add-in for performing what-if analyses?
a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
9. Which of the following statements are true?
a. Three important themes run through the book: data analysis, decision making, and uncertainty.
b. Data analysis includes data description, data inference, and the searching for relationships in data
c. Decision making includes optimization techniques for problems with no uncertainty, decision analysis for
problems with uncertainty, and structured sensitivity analysis.
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10/1/2026,
AMTest
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6:53:10
Bank6th
foredition
AM++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
6th6:50:55
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionAMTest
by S Christian
Bank forAlbright
Business
andanalytics
Winston data
Chapters
analysis
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
decision making 6th edition by S
,analysis
26, 6:50:55
decision
Page
AMTest
3 making
of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Bank6th
foredition
Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
6:50:556th
AMTest
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionBank
by S for
Christian
Business
Albright
analytics
and data
Winston
analysis
Chapters
decision
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
d. Dealing with uncertainty includes measuring uncertainty and modeling uncertainty explicitly into the analysis.
e. All of these statements are true.
ANSWER: e
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
10. Data analysis includes data description, data inference, and the search for relationships in data.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
11. Decision-making includes optimization techniques for problems with certainty, decision analysis for problems with
certainty, and structured sensitivity analysis.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
12.
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: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
13. Three important themes run through the Business Analytics: Data Analysis & Decision Making text: data analysis,
decision-making, and dealing with uncertainty.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
Copyright Cengage Learning. Powered by Cognero. Page 3
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AMTest
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6:53:10
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foredition
AM++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
6th6:50:55
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionAMTest
by S Christian
Bank forAlbright
Business
andanalytics
Winston data
Chapters
analysis
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
decision making 6th edition by S
,analysis
26, 6:50:55
decision
Page
AMTest
4 making
of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Bank6th
foredition
Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
6:50:556th
AMTest
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionBank
by S for
Christian
Business
Albright
analytics
and data
Winston
analysis
Chapters
decision
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
®
14. Spreadsheet simulations cannot be performed entirely with the built-in or add-in tools in Excel , so spreadsheet
simulations are still one of the most difficult quantitative models to implement in the business world.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Data Methods
15. 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 | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Data Methods
16. When we use simulation models to help make decisions, we do not deal with uncertainty at all, since we often must
make inferences from the simulated data.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
17. 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 | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
®
18. @Risk is an Excel add-in that can be used to run replications of a simulation, keep track of outputs, create useful
charts, and perform sensitivity analyses.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
Copyright Cengage Learning. Powered by Cognero. Page 4
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AMTest
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foredition
AM++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
6th6:50:55
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionAMTest
by S Christian
Bank forAlbright
Business
andanalytics
Winston data
Chapters
analysis
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
decision making 6th edition by S
26, 6:50:55
decision
Page
AMTest
1 making
of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Bank6th
foredition
Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
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AMTest
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionBank
by S for
Christian
Business
Albright
analytics
and data
Winston
analysis
Chapters
decision
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
Test Bank Business Analytics Data Analysis and Decision Making 6th complete exam
questions and answers Chapter 1-20
1. The decision-making themes covered in Business Analytics: Data Analysis & 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 | Bloom's: Knowledge
TOPICS: A-Head: 1-2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
2. 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 | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
3. 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 | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
4. 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 | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
5. Which of the following is not one of the steps in the modeling process?
a. Select the scale for the model.
b. Collect and summarize data.
Copyright Cengage Learning. Powered by Cognero. Page 1
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10/1/2026,
AMTest
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6:53:10
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Business
by Sanalytics
Christiandata
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analysis
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Winston making
Chapters
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editionAMTest
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Business
andanalytics
Winston data
Chapters
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1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
decision making 6th edition by S
,analysis
26, 6:50:55
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Page
AMTest
2 making
of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Bank6th
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Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
6:50:556th
AMTest
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionBank
by S for
Christian
Business
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analytics
and data
Winston
analysis
Chapters
decision
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
c. Verify the model.
d. Present the results.
e. Implement the model and update it through time.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
6. Which of the following would not be included under data analysis?
a. measuring uncertainty b. data description
c. data inference d. search for relationships
ANSWER: a
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
7. The decision making process includes:
a. optimization techniques for problems with no uncertainty
b. decision analysis for problems with uncertainty
c. sensitivity analysis
d. all of these choices
ANSWER: d
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
®
8. Which tool is an Excel add-in for performing what-if analyses?
a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
9. Which of the following statements are true?
a. Three important themes run through the book: data analysis, decision making, and uncertainty.
b. Data analysis includes data description, data inference, and the searching for relationships in data
c. Decision making includes optimization techniques for problems with no uncertainty, decision analysis for
problems with uncertainty, and structured sensitivity analysis.
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AMTest
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6:53:10
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Business
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analysis
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Chapters
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andanalytics
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1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
decision making 6th edition by S
,analysis
26, 6:50:55
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of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
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by Sanalytics
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Chapters
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AMTest
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editionBank
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analytics
and data
Winston
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Chapters
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1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
d. Dealing with uncertainty includes measuring uncertainty and modeling uncertainty explicitly into the analysis.
e. All of these statements are true.
ANSWER: e
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
10. Data analysis includes data description, data inference, and the search for relationships in data.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
11. Decision-making includes optimization techniques for problems with certainty, decision analysis for problems with
certainty, and structured sensitivity analysis.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
12.
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: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
13. Three important themes run through the Business Analytics: Data Analysis & Decision Making text: data analysis,
decision-making, and dealing with uncertainty.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy | Bloom's: Knowledge
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
Copyright Cengage Learning. Powered by Cognero. Page 3
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AMTest
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Business
by Sanalytics
Christiandata
Albright
analysis
and decision
Winston making
Chapters
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Business
andanalytics
Winston data
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1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
decision making 6th edition by S
,analysis
26, 6:50:55
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of 530++++++++)))))))))))))))))(*&(*YYF&TDT10/1/2026,
Bank6th
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Business
by Sanalytics
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Albright
analysis
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Winston making
Chapters
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AMTest
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*GESMSS*(@U(*UE@&*EH*HJE@&EH*@(o8
editionBank
by S for
Christian
Business
Albright
analytics
and data
Winston
analysis
Chapters
decision
1-20.pdfY!G*EIH(*#Y!(*#Y#*!#!&**#*G
making 6th edition by S Christian
®
14. Spreadsheet simulations cannot be performed entirely with the built-in or add-in tools in Excel , so spreadsheet
simulations are still one of the most difficult quantitative models to implement in the business world.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Data Methods
15. 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 | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Data Methods
16. When we use simulation models to help make decisions, we do not deal with uncertainty at all, since we often must
make inferences from the simulated data.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
17. 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 | Bloom's: Comprehension
TOPICS: A-Head: 1.2 Overview of the Book
OTHER: BUSPROG: Analytic | DISC: Decision Making
®
18. @Risk is an Excel add-in that can be used to run replications of a simulation, keep track of outputs, create useful
charts, and perform sensitivity analyses.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy | Bloom's: Comprehension
Copyright Cengage Learning. Powered by Cognero. Page 4
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AMTest
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Business
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decision making 6th edition by S
