Exam 1: Introduction to Business Analytics

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Algebraic models, by means of algebraic equations and inequalities, specify a set of relationships in a very precise way, but they require an ability to work with abstract mathematical symbols.

(True/False)

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Question 21

Which of the following would not be included under data analysis?

(Multiple Choice)

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Question 22

Spreadsheet simulations cannot be performed entirely with the built-in or add-in tools in Excel^®, so spreadsheet simulations are still one of the most difficult quantitative models to implement in the business world.

(True/False)

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Question 23

Which of the following statements are false?

(Multiple Choice)

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Question 24

Which tool is an Excel^® add-in for performing what-if analyses?

(Multiple Choice)

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Question 25

The modeling process discussed in your Business Analytics: Data Analysis & Decision Making text is a:

(Multiple Choice)

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Question 26

A fairly recent alternative to algebraic modeling is spreadsheet modeling, which, instead of relating various quantities with algebraic equations and inequalities, relates them in a spreadsheet with cell formulas.

(True/False)

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Question 27

Which of the following statements are true?

(Multiple Choice)

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Question 28

Which statement is not true?

(Multiple Choice)

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Question 29

Showing 21 - 29 of 29

Algebraic models, by means of algebraic equations and inequalities, specify a set of relationships in a very precise way, but they require an ability to work with abstract mathematical symbols.

Which of the following would not be included under data analysis?

Spreadsheet simulations cannot be performed entirely with the built-in or add-in tools in Excel^®, so spreadsheet simulations are still one of the most difficult quantitative models to implement in the business world.

Which of the following statements are false?

Which tool is an Excel^® add-in for performing what-if analyses?

The modeling process discussed in your Business Analytics: Data Analysis & Decision Making text is a:

A fairly recent alternative to algebraic modeling is spreadsheet modeling, which, instead of relating various quantities with algebraic equations and inequalities, relates them in a spreadsheet with cell formulas.

Which of the following statements are true?

Which statement is not true?

Describing the Distribution of a Single Variable

Finding Relationships Among Variables

Probability and Probability Distributions

Normal, Binomial, Poisson, and Exponential Distributions

Decision Making Under Uncertainty

Sampling and Sampling Distributions

Confidence Interval Estimation

Hypothesis Testing

Regression Analysis: Estimating Relationships

Regression Analysis: Statistical Inference

Time Series Analysis and Forecasting

Introduction to Optimization Modeling

Optimization Models

Introduction to Simulation Modeling

Simulation Models

Data Mining

Importing Data Into Excel

Analysis of Variance and Experimental Design

Statistical Process Control

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Exam 1: Introduction to Business Analytics

Algebraic models, by means of algebraic equations and inequalities, specify a set of relationships in a very precise way, but they require an ability to work with abstract mathematical symbols.

Which of the following would not be included under data analysis?

Spreadsheet simulations cannot be performed entirely with the built-in or add-in tools in Excel®, so spreadsheet simulations are still one of the most difficult quantitative models to implement in the business world.

Which of the following statements are false?

Which tool is an Excel® add-in for performing what-if analyses?

The modeling process discussed in your Business Analytics: Data Analysis & Decision Making text is a:

A fairly recent alternative to algebraic modeling is spreadsheet modeling, which, instead of relating various quantities with algebraic equations and inequalities, relates them in a spreadsheet with cell formulas.

Which of the following statements are true?

Which statement is not true?

Describing the Distribution of a Single Variable

Finding Relationships Among Variables

Probability and Probability Distributions

Normal, Binomial, Poisson, and Exponential Distributions

Decision Making Under Uncertainty

Sampling and Sampling Distributions

Confidence Interval Estimation

Hypothesis Testing

Regression Analysis: Estimating Relationships

Regression Analysis: Statistical Inference

Time Series Analysis and Forecasting

Introduction to Optimization Modeling

Optimization Models

Introduction to Simulation Modeling

Simulation Models

Data Mining

Importing Data Into Excel

Analysis of Variance and Experimental Design

Statistical Process Control

Filters

Spreadsheet simulations cannot be performed entirely with the built-in or add-in tools in Excel^®, so spreadsheet simulations are still one of the most difficult quantitative models to implement in the business world.

Which tool is an Excel^® add-in for performing what-if analyses?