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Exam (elaborations)

MSIS 3223 - Nord - Okstate - Exam 1

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MSIS 3223 - Nord - Okstate - Exam 1









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Uploaded on
December 1, 2025
Number of pages
4
Written in
2025/2026
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Exam (elaborations)
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MSIS 3223 - Nord - Okstate - Exam 1
Which of the following ways would 10 raised to the power of 2 × 5 raised to
the power of 3/ 100 - 73 be represented in an Excel spreadsheet? - -10^2 * 5^ - 73

-Which of the following is a difference between relative addressing and
absolute addressing when using cell formulas in Excel? - -A relative address uses just the
row and column label in the cell reference; an
absolute address uses a dollar sign before either the row or column label.

-To copy a formula from a single cell or range of cells down a column or
across a row, first________, click and hold the mouse on the small square in
the lower right-hand corner of the cell, and drag the formula to the "target"
cells which you wish to copy. - -select the cell or range

-The easiest way to locate a particular function is to select a cell and click on
the Insert function button represented by ________ on the Excel ribbon. - -fx

-The Excel function of ________ is used to find the largest value in a range of
cells. - -MAX(range)

-________ measures the worth of a stream of cash flows, taking into account
the time value of money. - -Net present value

-Descriptive analytics: - -helps companies classify their customers into segments to
develop specific
marketing campaigns.

-Predictive analytics: - -detects patterns in historical data and extrapolates them forward
in time

-Which of the following questions will prescriptive analytics help a company
address? - -What is the best way of shipping goods from their factories to minimize costs?

-The demand for coffee beans over a period of three months has been
represented in the form of an L-shaped curve. Which form of model was
used here? - -visual model

-Decision variables: - -can be selected at the discretion of the decision maker

-Descriptive decision models: - -describe relationships but do not tell a manager what to
do.

-Prescriptive decision models help: - -decision makers identify the best solution to
decision problems.

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