AN 300 Exam 1 Material Question and
answers rated A+ 2025/2026
Which of the following is the definition of decision making you learned from this class? -
CORRECTANSWER It is to choose among alternative courses of action to improve
organization performance
Chronological sequence of decision making process -CORRECTANSWER 1) Define a
decision making situation
2) Determine the criteria used to evaluate alternative solutions
3) Identify Alternative Solutions
4) Evaluate each alternative using the chosen criteria
5) Choose one alternative
The characteristics of a business analytics approach to decision making include -
CORRECTANSWER Fact- based, Data driven, Computer assisted, Scientific
We will not offer online shopping because we are always a conventional brick-and-
mortar store" is an example of making decisions based on -CORRECTANSWER
Traditional
What has happened? -CORRECTANSWER Descriptive analytics
, What could happen? -CORRECTANSWER Predictive analytics
What should happen -CORRECTANSWER Prescriptive analytics
Descriptive Analytics -CORRECTANSWER Reports, data dashboards, data queries,
data mining
Which of the following is a descriptive data mining technique?
A) optimization
B) Artificial neural networks
C) simulation
D) decision rules
E) Affinity analysis -CORRECTANSWER E
What are characteristics of big data? -CORRECTANSWER Volume, Velocity, Variety,
Veracity, Value
Which of the following is a predictive analysis software tool? -CORRECTANSWER SAS
Enterprise Miner
Which of the following is a prescriptive analytics technique -CORRECTANSWER
decision rules
answers rated A+ 2025/2026
Which of the following is the definition of decision making you learned from this class? -
CORRECTANSWER It is to choose among alternative courses of action to improve
organization performance
Chronological sequence of decision making process -CORRECTANSWER 1) Define a
decision making situation
2) Determine the criteria used to evaluate alternative solutions
3) Identify Alternative Solutions
4) Evaluate each alternative using the chosen criteria
5) Choose one alternative
The characteristics of a business analytics approach to decision making include -
CORRECTANSWER Fact- based, Data driven, Computer assisted, Scientific
We will not offer online shopping because we are always a conventional brick-and-
mortar store" is an example of making decisions based on -CORRECTANSWER
Traditional
What has happened? -CORRECTANSWER Descriptive analytics
, What could happen? -CORRECTANSWER Predictive analytics
What should happen -CORRECTANSWER Prescriptive analytics
Descriptive Analytics -CORRECTANSWER Reports, data dashboards, data queries,
data mining
Which of the following is a descriptive data mining technique?
A) optimization
B) Artificial neural networks
C) simulation
D) decision rules
E) Affinity analysis -CORRECTANSWER E
What are characteristics of big data? -CORRECTANSWER Volume, Velocity, Variety,
Veracity, Value
Which of the following is a predictive analysis software tool? -CORRECTANSWER SAS
Enterprise Miner
Which of the following is a prescriptive analytics technique -CORRECTANSWER
decision rules
