AN 300 - Exam 1 Question and
answers already passed 2025/2026
Which of the following is the definition of decision making you learned from this class?
A) It is to maximize profit.
B) It is to choose among alternative courses of action to improve organization performance.
C) It is to provide leadership for an organization.
D) It is to minimize costs.
E) It is to make successful business plans. - correct answer ✔B) It is to choose among alternative
courses of action to improve organization performance.
What is the sequence of the decision making process? - correct answer ✔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
What are 4 characteristics of a business analytics approach to decision making? - correct answer ✔1.
fact-based
2. data-driven
3. scientific
4. 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 _____. - correct answer ✔tradition
,What type of analytics asks "What should happen?" - correct answer ✔Prescriptive Analytics
What type of analytics asks "What could happen?" - correct answer ✔Predictive Analytics
What type of analytics asks "What has happened?" - correct answer ✔Descriptive Analytics
Descriptive analytics techniques include the following EXCEPT:
A) What-If analysis
B) Data-mining
C) Simulations
D) Data queries
E) Reports - correct answer ✔C) Simulations
What does SQL stand for? - correct answer ✔Structured Query Language
Which 3 of the following are characteristics of big data?
A) Validity
B) Valence
C) Volume
D) Variety
E) Vitality
F) Veracity - correct answer ✔C) Volume
, D) Variety
F) Veracity
Which 1 of the following is a predictive analytics software tool?
A) IBM SPSS Modeler
B) Oracle
C) Regression tree
D) Simulation
E) Time-Series forecasting - correct answer ✔A) IBM SPSS Modeler
Which 1 of the following is a prescriptive analytics technique?
A) Cluster analysis
B) Decison rules
C) Linear regression
D) What-If analysis
E) Simulation - correct answer ✔B) Decison rules
We discussed many business analytics applications in various business domain in this class. Which 2 of
the following is explicitly cited as an illustrative example?
A) Artificial intelligence
B) Accounting
C) Health care
D) Statistics
answers already passed 2025/2026
Which of the following is the definition of decision making you learned from this class?
A) It is to maximize profit.
B) It is to choose among alternative courses of action to improve organization performance.
C) It is to provide leadership for an organization.
D) It is to minimize costs.
E) It is to make successful business plans. - correct answer ✔B) It is to choose among alternative
courses of action to improve organization performance.
What is the sequence of the decision making process? - correct answer ✔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
What are 4 characteristics of a business analytics approach to decision making? - correct answer ✔1.
fact-based
2. data-driven
3. scientific
4. 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 _____. - correct answer ✔tradition
,What type of analytics asks "What should happen?" - correct answer ✔Prescriptive Analytics
What type of analytics asks "What could happen?" - correct answer ✔Predictive Analytics
What type of analytics asks "What has happened?" - correct answer ✔Descriptive Analytics
Descriptive analytics techniques include the following EXCEPT:
A) What-If analysis
B) Data-mining
C) Simulations
D) Data queries
E) Reports - correct answer ✔C) Simulations
What does SQL stand for? - correct answer ✔Structured Query Language
Which 3 of the following are characteristics of big data?
A) Validity
B) Valence
C) Volume
D) Variety
E) Vitality
F) Veracity - correct answer ✔C) Volume
, D) Variety
F) Veracity
Which 1 of the following is a predictive analytics software tool?
A) IBM SPSS Modeler
B) Oracle
C) Regression tree
D) Simulation
E) Time-Series forecasting - correct answer ✔A) IBM SPSS Modeler
Which 1 of the following is a prescriptive analytics technique?
A) Cluster analysis
B) Decison rules
C) Linear regression
D) What-If analysis
E) Simulation - correct answer ✔B) Decison rules
We discussed many business analytics applications in various business domain in this class. Which 2 of
the following is explicitly cited as an illustrative example?
A) Artificial intelligence
B) Accounting
C) Health care
D) Statistics
