TEST BANK
we we
Business Analytics: Data Analysis & Decision Making,
we we we we we we
7th Edition. S. Christian Albright, Wayne L. Winston
we we we we we we we
Verified Chapters 1 - 19, Complete
we we we we we we we
Business Analytics: Data Analysis & Decision Making,
,Chapter 1. Introduction to Business Analytics
we we we we we
1. The decision-making themes covered in Business Analytics: Data Analysis & Decision Making include which
we we we we we we we we we we we we we
of the
we we following?
w e
a. optimization techniques we b. decision analysis with uncertainty
we we we we
c. structured sensitivity analysis
we we we d. all of these choices
we we we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1-2 Overview of the Book
we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
2. Which statementwe we is not wetrue?
we
a. Dealing with we we uncertainty includes measuring uncertainty.
we we we
b. Dealing with we we uncertainty includes modeling uncertainty explicitly into the analysis.
we we we we we we we
c. Dealing with we we uncertainty includes eliminating uncertainty by using the normal probability distribution.
we we we we we we we we we
d. Dealing with we we uncertainty requires a basic understanding of probability.
we we we we we we
ANSWER: c
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book
we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
3. What is not one of the important themes of your Business Analytics: Data Analysis & Decision Making text?
we we we we we we we we we we we we we we we we we
a. data analysis b. dealing with uncertainty
we we we we
c. decision making
we we d. data mining
we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book
we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
4. Data analysis includes:
we we
a. data description we b. data inference
we we
c. the search for relationships in data d. all of these choices
we we we we we we we we we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book
we we we we we
Business Analytics: Data Analysis & Decision Making,
,OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
5. Which of the following is not one of the steps in the modeling process?
we we we we we we we we we we we we we
a. Select the scale for the model.
we we we we we
b. Collect and summarize data.
we we we
Business Analytics: Data Analysis & Decision Making,
, c. Verify the model.we we
d. Present the results. we we
e. Implement the model and update it through time.
we we we we we we we
ANSWER: a
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Comprehension
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
6. Which of the following would not be included under data analysis?
we we we we we we we we we we
a. measuring uncertainty b. data description
we we we
c. data inference
we we d. search for relationships
we we we
ANSWER: a
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Comprehension
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
7. The decision making process includes:
we we we we
a. optimization techniques for problems with no uncertainty
we we we we we we
b. decision analysis for problems with uncertainty
we we we we we
c. sensitivity analysis we
d. all of these choices
we we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
8. Which tool is an Exc
we
el add-in for performing what-if analyses?
we we we
we we we we
®
we w e
a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Comprehension
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
Business Analytics: Data Analysis & Decision Making,
we we
Business Analytics: Data Analysis & Decision Making,
we we we we we we
7th Edition. S. Christian Albright, Wayne L. Winston
we we we we we we we
Verified Chapters 1 - 19, Complete
we we we we we we we
Business Analytics: Data Analysis & Decision Making,
,Chapter 1. Introduction to Business Analytics
we we we we we
1. The decision-making themes covered in Business Analytics: Data Analysis & Decision Making include which
we we we we we we we we we we we we we
of the
we we following?
w e
a. optimization techniques we b. decision analysis with uncertainty
we we we we
c. structured sensitivity analysis
we we we d. all of these choices
we we we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1-2 Overview of the Book
we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
2. Which statementwe we is not wetrue?
we
a. Dealing with we we uncertainty includes measuring uncertainty.
we we we
b. Dealing with we we uncertainty includes modeling uncertainty explicitly into the analysis.
we we we we we we we
c. Dealing with we we uncertainty includes eliminating uncertainty by using the normal probability distribution.
we we we we we we we we we
d. Dealing with we we uncertainty requires a basic understanding of probability.
we we we we we we
ANSWER: c
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book
we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
3. What is not one of the important themes of your Business Analytics: Data Analysis & Decision Making text?
we we we we we we we we we we we we we we we we we
a. data analysis b. dealing with uncertainty
we we we we
c. decision making
we we d. data mining
we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book
we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
4. Data analysis includes:
we we
a. data description we b. data inference
we we
c. the search for relationships in data d. all of these choices
we we we we we we we we we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book
we we we we we
Business Analytics: Data Analysis & Decision Making,
,OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
5. Which of the following is not one of the steps in the modeling process?
we we we we we we we we we we we we we
a. Select the scale for the model.
we we we we we
b. Collect and summarize data.
we we we
Business Analytics: Data Analysis & Decision Making,
, c. Verify the model.we we
d. Present the results. we we
e. Implement the model and update it through time.
we we we we we we we
ANSWER: a
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Comprehension
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
6. Which of the following would not be included under data analysis?
we we we we we we we we we we
a. measuring uncertainty b. data description
we we we
c. data inference
we we d. search for relationships
we we we
ANSWER: a
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Comprehension
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
7. The decision making process includes:
we we we we
a. optimization techniques for problems with no uncertainty
we we we we we we
b. decision analysis for problems with uncertainty
we we we we we
c. sensitivity analysis we
d. all of these choices
we we we
ANSWER: d
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Knowledge
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
8. Which tool is an Exc
we
el add-in for performing what-if analyses?
we we we
we we we we
®
we w e
a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY: w e Easy | Bloom's: Comprehension
we we we
TOPICS: A-Head: 1.2 Overview of the Book we we we we we
OTHER: BUSPROG: Analytic | DISC: Decision Making
we we we we we
Business Analytics: Data Analysis & Decision Making,
