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Exam (elaborations)

An 300 Exam With Questions And Answers

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AN 300 EXAM WITH QUESTIONS AND ANSWERS ...

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AN 300 EXAM WITH QUESTIONS AND
ANSWERS

Which of the following is the definition of decision making you
learned from this class? - ANSWER It is to choose among
alternative courses of action to improve organization performance.

Define the correct sequence of the decision making process by
placing a number to reflect the order of each of the following stages:

Identify alternative solutions

Choose one alternative

Define a decision making situation 1

Evaluate each alternative using the chosen criteria

Determine the criteria used to evaluate alternative solutions -
ANSWER Answer 1:

3

Answer 2:

5

Answer 3:

1

Answer 4:

4

Answer 5:

2

, The characteristics of a business analytics approach to decision
making include _____. (Check all that apply). - ANSWER
Data-driven

Scientific

Fact-based

Computer-assisted

"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 _____. - ANSWER Tradition

Match the category of Business Analytics on the left to the type of
questions it addresses.

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics - ANSWER What has happened?

What could happen?

What should happen?

Descriptive analytics techniques include the following EXCEPT: -
ANSWER Simulations

What does SQL stand for? - ANSWER Structured Query Language

Which of the following is a characteristic of big data? (Check all that
apply). - ANSWER Variety

Veracity

Volume

Which of the following is a predictive analytics software tool? -
ANSWER IBM SPSS Modeler

Which of the following is a prescriptive analytics technique? -

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