1|Page
MGT 6203 Data Analytics for Management Midterm
Exam||Verified Exam!!||, 2026/2027-Question Business
Analytics Examination with Verified
Rationales||Newest Exam!!!
Identify the item below that would be classified as a
RESOURCE by the REA data model - Answer-Cash
An REA diagram must link every event to at least one
_______ and two _______ - Answer-A. Resource B.
Agents
Identify the item below that would be classified as an
EVENT by the REA data model - Answer-Sales
An attribute or a set of attributes that uniquely identify a
specific instance of an entity - Answer-Primary key
The process of restructuring a relational database in order
to reduce data redundancy and improve data integrity -
Answer-Database normalization
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A few of the variables for which data were collected in the
Pew Internet & Life Project study about online shopping
include age, gender, income, and number
of hours spent shopping online per month. Which of the
variables is categorical? - Answer-Gender
The Pew Internet & Life Project study about online
shopping asked respondents to indicate their education
level on the following scale: Less than High School, High
School, Some College, College +. Which of the following
statements is (are) true? - Answer-Educational level is
categorical variable and multi-nominal scaled
Which of the following accounting items is not included in
REA-based database structure? - Answer-Accounts
Receivable
What is the main characteristic of the Hierarchical
database? - Answer-One-to-One or One-to-Many
Which database maintains the advantages of the relational
database but stores data as objects or classes first -
Answer-Object-oriented structure database
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A field in one table that uniquely identifies a row of another
table or the same table - Answer-Foreign Key
What contains cross-sectional observations over multiple
time periods - Answer-Panel data
A Consumer Reports Health study on arthritis drugs takes
into consideration cost. - Answer-Cost is a quantitative
variable
Which of the following is (are) based on panel data? -
Answer-Company A and B's complete daily stock returns
in year 2018
A locally owned spa, Alexander's, is interested in adding a
tea room that not only offers specialty teas but an organic
lunch menu. In order to determine how many of its regular
customers would be interested in such an addition,
Alexander's sent out multiple short e-mail questionnaires
to its cutomers. One question asked its customers to
indicate how much they spend on all natural, organic
products. These data are _____________________. -
Answer-Cross-sectional
MGT 6203 Data Analytics for Management Midterm
Exam||Verified Exam!!||, 2026/2027-Question Business
Analytics Examination with Verified
Rationales||Newest Exam!!!
Identify the item below that would be classified as a
RESOURCE by the REA data model - Answer-Cash
An REA diagram must link every event to at least one
_______ and two _______ - Answer-A. Resource B.
Agents
Identify the item below that would be classified as an
EVENT by the REA data model - Answer-Sales
An attribute or a set of attributes that uniquely identify a
specific instance of an entity - Answer-Primary key
The process of restructuring a relational database in order
to reduce data redundancy and improve data integrity -
Answer-Database normalization
,2|Page
A few of the variables for which data were collected in the
Pew Internet & Life Project study about online shopping
include age, gender, income, and number
of hours spent shopping online per month. Which of the
variables is categorical? - Answer-Gender
The Pew Internet & Life Project study about online
shopping asked respondents to indicate their education
level on the following scale: Less than High School, High
School, Some College, College +. Which of the following
statements is (are) true? - Answer-Educational level is
categorical variable and multi-nominal scaled
Which of the following accounting items is not included in
REA-based database structure? - Answer-Accounts
Receivable
What is the main characteristic of the Hierarchical
database? - Answer-One-to-One or One-to-Many
Which database maintains the advantages of the relational
database but stores data as objects or classes first -
Answer-Object-oriented structure database
, 3|Page
A field in one table that uniquely identifies a row of another
table or the same table - Answer-Foreign Key
What contains cross-sectional observations over multiple
time periods - Answer-Panel data
A Consumer Reports Health study on arthritis drugs takes
into consideration cost. - Answer-Cost is a quantitative
variable
Which of the following is (are) based on panel data? -
Answer-Company A and B's complete daily stock returns
in year 2018
A locally owned spa, Alexander's, is interested in adding a
tea room that not only offers specialty teas but an organic
lunch menu. In order to determine how many of its regular
customers would be interested in such an addition,
Alexander's sent out multiple short e-mail questionnaires
to its cutomers. One question asked its customers to
indicate how much they spend on all natural, organic
products. These data are _____________________. -
Answer-Cross-sectional
