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MSIS 3223 Business Analytics (2025/2026) | 125+ Verified Exam Questions & Answers | Predictive Modeling, Optimization, Excel Tools, Forecasting

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This document contains over 125 verified True/False and short-answer questions tailored for MSIS 3223 – Business Analytics, structured for the 2025/2026 academic year. The content is designed to give students an edge in mastering fundamental and advanced concepts in management information systems, data analysis, and decision-making models. It spans core areas of modern analytics including: Descriptive, Predictive, and Prescriptive Analytics Decision-making processes, deterministic models, and optimization strategies Spreadsheet modeling and Excel tools: IF, AND, OR, PivotTables, dashboards, trendlines, data visualization, regression, and forecasting methods Statistical analysis: Variance, standard error, correlation, distributions, probability, skewness, and data types Modeling and Simulation: Linear, nonlinear, integer, and quadratic optimization techniques Forecasting Techniques: Delphi method, historical analogy, exponential smoothing, time series, MSE, MAD Constraints, decision variables, feasibility, proportional relationships, and supply chain optimization Each question is formulated to reflect real-world business scenarios and tools used in analytics roles today. This makes it a practical and high-impact resource for students pursuing: Management Information Systems (MIS) Business Administration and Management Data Science and Business Intelligence Operations Research or Supply Chain Analytics MBA programs with a focus on decision support systems or analytics It is especially suitable for exam prep, open-book tests, quizzes, and as a fast revision tool during finals. Students aiming for careers in analytics, forecasting, finance, and operations will find this compilation invaluable for both theory and application. Keywords: MSIS 3223, business analytics, predictive modeling, optimization models, Excel for business, descriptive analytics, prescriptive analytics, data visualization, forecasting techniques, regression analysis, decision models, spreadsheet engineering, statistical functions, probability, integer optimization, supply chain analytics, T/F exam prep, business data tools, MIS exam questions, data-driven decision making

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Uploaded on
September 19, 2025
Number of pages
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Written in
2025/2026
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MSIS 3223 2025/2026 Exam Questions
and Answers 100% Guaranteed Success
| Already Rated A+



False - 🧠 ANSWER ✔✔Descriptive analytics helps detect hidden patterns in

large quantities of data to group data into sets to predict behavior (T/F).


False - 🧠 ANSWER ✔✔A manager at Academy wishes to know the

company's revenue and profit in its previous quarter. Predictive analytics is

what the manager should use for this task (T/F).


True - 🧠 ANSWER ✔✔Prescriptive analytics can help a company address

the best way of shipping goods from their factories to minimize costs (T/F).


False - 🧠 ANSWER ✔✔Analyzing the problem is the first phase in decision

making (T/F).


True - 🧠 ANSWER ✔✔Product mix is determined by top managers (T/F).

,True - 🧠 ANSWER ✔✔A deterministic model is one in which all model input

information is either known or assumed to be known with certainty (T/F).


True - 🧠 ANSWER ✔✔The demand for professionals with analytics

expertise has skyrocketed (T/F).


True - 🧠 ANSWER ✔✔Modern business analytics can be viewed as an

integration of Business Intelligence, Information Systems, statistics, and

modeling and optimization (T/F).


True - 🧠 ANSWER ✔✔Statistics has a long and rich history, yet only rather

recently has it been recognized as an important element of business,

driven to a large extent by the massive growth of data in today's world

(T/F).


True - 🧠 ANSWER ✔✔Decision models typically have three types of input:

Data, uncontrollable inputs, and decision options (T/F).


True - 🧠 ANSWER ✔✔AND(condition 1, condition 2...) is a logical function

that returns TRUE if all conditions are true and FALSE if not (T/F).


True - 🧠 ANSWER ✔✔The Pareto principle is often called the "80--20 rule"

(T/F).

, False - 🧠 ANSWER ✔✔The filter tool extracts records meeting the specified

criteria, deleting any records that don't match the criteria (T/F).


True - 🧠 ANSWER ✔✔Three useful logical functions in business analytics

applications are IF, AND, and OR followed by conditions in parentheses

(T/F).


True - 🧠 ANSWER ✔✔Form controls are buttons, boxes, and other

mechanisms for inputting or changing data on spreadsheets easily and

used to design user-friendly spreadsheets (T/F).


True - 🧠 ANSWER ✔✔PivotTables may be used to facilitate data

visualization and statistical analysis of data sets (T/F).


False - 🧠 ANSWER ✔✔Excel has a tool called 'dicers' for drilling down data

in a PivotTable to display as subject of that data (T/F).


True - 🧠 ANSWER ✔✔A database is a collection of related files (tables)

containing records on people, places, or things (T/F).


False - 🧠 ANSWER ✔✔Empirical data is data that comes from an

organization's daily operations (T/F).


True - 🧠 ANSWER ✔✔A data set is simply a collection of data (T/F).


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