COB 291 Exam 1 Questions & Answers 2024/2025

COB 291 Exam 1 Questions & Answers
2024/2025

computer model - ANSWERSset of math relationships and logical assumptions implemented in a
computer as a representation of some real world object, decision problem, or phenomenon



spreadsheet model - ANSWERScomputer model implemented via spreadsheet



business analytics - ANSWERSfield of study that uses data, computers, stats, and math to solve business
problems

-the science of making better decisions



mental model - ANSWERSpicturing what each arrangement looked like in your mind's eye



visual model - ANSWERS(drawings) help illustrate how the various parts of the structure will fit together
when it's completed



mathematical model - ANSWERSuses mathematical relationships to describe or represent an object or
decision problem



valid model - ANSWERSaccurately represents the relevant characteristics of the object or decision
problem being studied



dependent variable - ANSWERSvariable that depends on the others



input cells - ANSWERS-correspond conceptually to independent variables



output cell - ANSWERS-the result from the input cells