AN 300 1ST TEST QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026

AN 300 1ST TEST QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 Which of the following is the definition of decision making you learned from this class? It is to make successful business plans. It is to choose among alternative courses of action to improve organization performance. It is to provide leadership for an organization. It is to minimize costs.It is to maximize profit. - Answers It is to choose among alternative courses of action to improve organization performance. Select a number from 1 (earliest) to 5 (latest) to reflect the chronological sequence of each of the following stages in the decision making process: 1. Identify alternative solutions. 2. Choose one alternative 3. Define a decision making situation 4. Evaluate each alternative using the chosen criteria 5. Determine the criteria used to evaluate alternative solutions - Answers 1. -3 2.- 5 3- 1 4.- 4 5. - 2 The characteristics of a business analytics approach to decision making include _____. (Check all that apply). Fact-based Scientific Computer-assisted Data-driven Intuition-based Experience-based Subjective Conventional - Answers Fact-based Scientific Computer-assisted Data-driven "We will not offer online shopping because our customers always prefer shopping at our brick-and-mortar stores" is an example of making decisions based on _____. Feeling Rule of thumb Tradition Fact Evidence - Answers Tradition Match the category of Business Analytics on the left to the type of questions it addresses on the right. 1. Descriptive Analytics [ Choose ] Who is responsible for this to happen? What could happen? What has happened? What should happen? When did this happen? Why this is happening? How did this happen? 2. Predictive Analytics [ Choose ] Who is responsible for this to happen? What could happen? What has happened? What should happen? When did this happen? Why this is happening? How did this happen? 3. Prescriptive Analytics [ Choose ] Who is responsible for this to happen? What could happen? What has happened? What should happen? When did this happen? Why this is happening? How did this happen? - Answers 1. What has happened? 2. What Could happen? 3. What Should happen? Descriptive analytics techniques include the following EXCEPT: Reports Data-mining Data queries Data dashboards Simulations - Answers Simulations Which of the following is a descriptive data mining technique? Linear Programming. What-If Analysis. Cluster Analysis. SQL. Decision Analysis-Utility Theory. - Answers Cluster Analysis. Which of the following is/are characteristic of big data? (Check all that apply). Vitality Validity Valence Veracity Variety Volume - Answers Variety Volume Veracity Which of the following is a predictive analytics software tool? EndNote Simulation SAS Enterprise Miner Time-Series forecasting Regression tree - Answers SAS Enterprise Miner Which of the following is a prescriptive analytics technique? Linear regression Cluster analysis Decision rules SimulationWhat-If analysis - Answers Decision rules We discussed many business analytics applications in various business domains in this class. Which of the following is/are explicitly cited as an illustrative example? (Check all that apply). Artificial intelligence Health care Sports Statistics Accounting - Answers Health care Sports Business Analytics tools are essentially _____. Methods Techniques Models Algorithms Software - Answers Software Which of the following Business Analytics functionalities will be covered in this class? Check all that apply. Data management Data analysis Data reporting Data pre-processing Data outsourcing Data warehousing - Answers Data analysis Data reporting Data pre-processing Which of the following is TRUE about JMP? Check all that apply. Its goal is to transform a world of data into intelligence. It requires a product key to activate. It was developed at SAS. It was developed in 2003. Its goal is to make data understandable to ordinary people. It was developed in 1989. It was developed in Stanford University. - Answers Its goal is to transform a world of data into intelligence. It was developed at SAS. It was developed in 1989. Which of the following is TRUE about Tableau? Check all that apply. Its activation requires a product key. It was developed in 2003. It was developed at Stanford University. It was developed at SAS. Its goal is to transform a world of data into intelligence. Its goal is to make data understandable to ordinary people. It was developed in 1989. - Answers Its activation requires a product key. It was developed in 2003. Its goal is to make data understandable to ordinary people. SAS stands for _____. Student Advancement Software Structured Analysis Systems Standard Advanced Systems Statistical Analysis Software Statistical Analysis Systems - Answers Statistical Analysis Systems Which of the following is TRUE if you install a personal copy of JMP Pro on your own laptop? Check all that apply. You will save your work locally. You will need to install Citrix Receiver. You will need to renew your license annually. You will access JM Pro remotely. You will need to renew your license after this course. You will access JMP Pro locally. - Answers Which of the following tasks is included in data preparation? Check all that apply. Data pre-processing Data analysis Data acquisition Data reporting Data query - Answers Data pre-processing Data acquisition Which of the following tasks is included in preliminary analysis? Check all that apply. Data acquisition Data analysis Data pre-processing Data reporting Data query - Answers Data reporting Data query A data column is also known as a _____. Data file Data set Data record Data variable Data observation - Answers Data variable Order the data hierarchy from 1 (the lowest level) to 4 (the highest level): 1.Database 2.Data field 3.Data record 4.File - Answers 1.Data field 2.Data record 3.File 4.Database When identifying the source of your data, the factor(s) to be considered include _____. Check all that apply. Time Variety Volume Availability Veracity Cost - Answers Availability Time Cost Which of the following is TRUE about primary data? Check all that apply. Collected directly from the data's source Open-source data Collected indirectly by someone else Proprietary data First-hand data Second-hand data Managed by a database management systems - Answers Collected directly from the data's source Proprietary data First-hand data Managed by a database management systems An example of a database management systems is: JMP Tableau Oracle SPSS Rapidminer - Answers Oracle The purpose of data cleansing is to ensure data in the data set is _____. Check all that apply. Complete Vulnerable Legitimate Accurate