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Chapter 9: Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright
Exam (elaborations) • 34
pages
• 2020
1. The null hypothesis usually represents the:
a. theory the researcher would like to prove. b. preconceived ideas of the researcher
c. perceptions of the sample population d. status quo

2. In statistical analysis, the burden of proof lies traditionally with the:
a. alternative hypothesis b. null hypothesis
c. analyst d. facts presented to the statistical analyst

3. The hypothesis that an analyst is trying to prove is called the:
a. elective hypothesis b. alternative hypothesis
c. optional hyp...
Chapter 9: Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright
Last document update:
ago
1. The null hypothesis usually represents the:
a. theory the researcher would like to prove. b. preconceived ideas of the researcher
c. perceptions of the sample population d. status quo

2. In statistical analysis, the burden of proof lies traditionally with the:
a. alternative hypothesis b. null hypothesis
c. analyst d. facts presented to the statistical analyst

3. The hypothesis that an analyst is trying to prove is called the:
a. elective hypothesis b. alternative hypothesis
c. optional hyp...
Chapter 6: Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright
Exam (elaborations) • 46
pages
• 2020
1. Which of the following is true with regard to a good decision?
a. It ensures that good outcomes will be obtained
b. It accounts for unlucky outcomes
c. It should be independent of the sequencing of uncertainties and decisions
d. It should incorporate all information about uncertainties and alternatives
e. All of these options

2. All problems related to decision making under uncertainty have three common elements:
a. the mean, median, and mode
b. the set of decisions, the cost of each decisio...
Chapter 6: Business Analytics_ Data Analysis _ Decision Making 5th Edition Albright
Last document update:
ago
1. Which of the following is true with regard to a good decision?
a. It ensures that good outcomes will be obtained
b. It accounts for unlucky outcomes
c. It should be independent of the sequencing of uncertainties and decisions
d. It should incorporate all information about uncertainties and alternatives
e. All of these options

2. All problems related to decision making under uncertainty have three common elements:
a. the mean, median, and mode
b. the set of decisions, the cost of each decisio...
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