TEST BANK FOR
g g
Introduction to Business Analytics 1st Edition Vernon J. Richardson Marcia Weide
g g g g g g g g g g
n Chapter 1-11
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Answers are at the End of Each Chapter
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Chapter 1 g
Student name:
g
TRUE/FALSEg-gWriteg'T'gifgthegstatementgisgtruegandg'F'gifgthegstatementgisgfalse.
1) Agbusinessgprocessgisgagcoordinated,gstandardizedgsetgofgactivitiesgconductedgbygbothgpeoplega
ndgequipmentgtogaccomplishgagspecificgbusinessgtask.
⊚g true
⊚g false
2) Agbusinessganalystgisgagdatagscientistgwhogcollectsgdatagtoghelpgangorganizationgmakege
ffectivegbusinessgdecisions.
⊚g true
⊚g false
3) Datagisgdefinedgasginformationgorganizedgingagmeaningfulgwaygtogbegusefulgtogtheguser.
⊚g true
⊚g false
4) Informationgisgdefinedgasgbeinggdatagorganizedgingagmeaningfulgwaygtogbegusefulgtogthegusergingag
givengcontext.
⊚g true
⊚g false
5) Agdatagscientistgisgagliaisongbetweengdecisiongmakersgandgbusinessganalysts.
⊚g true
⊚g false
6) Operationsganalyticsgusesgbusinessganalyticsgtogmeasuregandgimprovegthegefficiencygandge
ffectivenessgofgthegcompany’sgoperations.
⊚g true
⊚g false
,7) ThegthirdgstepgingthegSOARganalyticsgmodelgisgtogAccessgthegdata.
⊚g true
⊚g false
8) Exploratorygdatagvisualizationgisgusedgtogcommunicategresultsgofgtheganalysisgtogdecisiong
makersgandgothergstakeholders.
⊚g true
⊚g false
CHECKgALLgTHEgAPPLY.gChoosegallgoptionsgthatgbestgcompletesgthegstatementgorganswers
gthegquestion.
9) AgvisualizationgmaygbegusedgtoghelpgwithgwhichgcomponentgofgthegSOARgmodel?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
MULTIPLEgCHOICEg-
gChoosegthegonegalternativegthatgbestgcompletesgthegstatementgorganswers gthegquestion.
10) Thegdifficultygagpersongfacesgingunderstandinggagproblemgandgmakinggagdecisiongasgagc
onsequencegofghavinggtoogmuchgdata.
A) DatagComplexity
B) DatagOverload
C) AnalyticsgMindset
D) DatagChallenges
11) WhichgstepgofgthegSOARgmodelgwouldgusuallyginvolvegcomputinggangaverage?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
12) WhichgstepgofgthegSOARgmodelgmostgappropriatelygaddressesgthegskillgmentionedgbygEY’sga
nalyticsgmindsetgofg“extract,gtransformgandgloadgrelevantgdata”?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
,13) Usegofgagdashboardgtogtrackgrelevantgoutcomesgwouldgbegconsistentgwithgwhichgcomponentgofgt
hegSOARgmodel?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
14) Whatgtypegofgquestion(s)gworksgtogexplaing“Whygdidgnetgincomegincreasegevengthoughgsalesgd
idgnot?”
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
15) Whatgtypegofgquestiongisgusedgingfindinggtheglevelgofgsalesgneededgtogbreakgeveng(exactlygzerogp
rofit)?
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
16) Whatgtypegofgquestiongisg“HowglonggwillgitgtakegforgChristmasgproductsgtogarrivegatgourgstoresgif
g wegsourcegthegproductsgfromgMexicograthergthangIndonesia?”
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
, 17) Whatgtypegofgquestiongisg“ShouldgwegsourcegourgproductsgfromgMexicograthergthangI
ndonesia?”
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
18) Whatgtypegofgquestiongisgpredictinggwhethergborrowersgwillgbegablegtogrepaygtheirgloans?
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
19) Whatgtypegofgquestiongisgusedgingdeterminingghowgtogmaximizegrevenuesgifgtheregisgagtradeg
wargwithganothergcountry?
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
20) Whatgtermgisgusedgtogrefergtogthegaccuracy,gvaliditygandgconsistencygofgdatagusedgandgstoredgo
vergtime?
A) Datagveracity
B) Datagintegrity
C) Datagquality
D) Truthfulgdata
21) Dashboardsgshowinggcurrentgcompanygperformancegaregusuallygassociatedgwithgwhatgtypegofg
updating?
A) Dynamic
B) Static
C) Opportunist
D) Monthly
g g
Introduction to Business Analytics 1st Edition Vernon J. Richardson Marcia Weide
g g g g g g g g g g
n Chapter 1-11
g g
Answers are at the End of Each Chapter
g g g g g g g
Chapter 1 g
Student name:
g
TRUE/FALSEg-gWriteg'T'gifgthegstatementgisgtruegandg'F'gifgthegstatementgisgfalse.
1) Agbusinessgprocessgisgagcoordinated,gstandardizedgsetgofgactivitiesgconductedgbygbothgpeoplega
ndgequipmentgtogaccomplishgagspecificgbusinessgtask.
⊚g true
⊚g false
2) Agbusinessganalystgisgagdatagscientistgwhogcollectsgdatagtoghelpgangorganizationgmakege
ffectivegbusinessgdecisions.
⊚g true
⊚g false
3) Datagisgdefinedgasginformationgorganizedgingagmeaningfulgwaygtogbegusefulgtogtheguser.
⊚g true
⊚g false
4) Informationgisgdefinedgasgbeinggdatagorganizedgingagmeaningfulgwaygtogbegusefulgtogthegusergingag
givengcontext.
⊚g true
⊚g false
5) Agdatagscientistgisgagliaisongbetweengdecisiongmakersgandgbusinessganalysts.
⊚g true
⊚g false
6) Operationsganalyticsgusesgbusinessganalyticsgtogmeasuregandgimprovegthegefficiencygandge
ffectivenessgofgthegcompany’sgoperations.
⊚g true
⊚g false
,7) ThegthirdgstepgingthegSOARganalyticsgmodelgisgtogAccessgthegdata.
⊚g true
⊚g false
8) Exploratorygdatagvisualizationgisgusedgtogcommunicategresultsgofgtheganalysisgtogdecisiong
makersgandgothergstakeholders.
⊚g true
⊚g false
CHECKgALLgTHEgAPPLY.gChoosegallgoptionsgthatgbestgcompletesgthegstatementgorganswers
gthegquestion.
9) AgvisualizationgmaygbegusedgtoghelpgwithgwhichgcomponentgofgthegSOARgmodel?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
MULTIPLEgCHOICEg-
gChoosegthegonegalternativegthatgbestgcompletesgthegstatementgorganswers gthegquestion.
10) Thegdifficultygagpersongfacesgingunderstandinggagproblemgandgmakinggagdecisiongasgagc
onsequencegofghavinggtoogmuchgdata.
A) DatagComplexity
B) DatagOverload
C) AnalyticsgMindset
D) DatagChallenges
11) WhichgstepgofgthegSOARgmodelgwouldgusuallyginvolvegcomputinggangaverage?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
12) WhichgstepgofgthegSOARgmodelgmostgappropriatelygaddressesgthegskillgmentionedgbygEY’sga
nalyticsgmindsetgofg“extract,gtransformgandgloadgrelevantgdata”?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
,13) Usegofgagdashboardgtogtrackgrelevantgoutcomesgwouldgbegconsistentgwithgwhichgcomponentgofgt
hegSOARgmodel?
A) SpecifygthegQuestion
B) ObtaingthegData
C) AnalyzegthegData
D) ReportgthegResults
14) Whatgtypegofgquestion(s)gworksgtogexplaing“Whygdidgnetgincomegincreasegevengthoughgsalesgd
idgnot?”
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
15) Whatgtypegofgquestiongisgusedgingfindinggtheglevelgofgsalesgneededgtogbreakgeveng(exactlygzerogp
rofit)?
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
16) Whatgtypegofgquestiongisg“HowglonggwillgitgtakegforgChristmasgproductsgtogarrivegatgourgstoresgif
g wegsourcegthegproductsgfromgMexicograthergthangIndonesia?”
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
, 17) Whatgtypegofgquestiongisg“ShouldgwegsourcegourgproductsgfromgMexicograthergthangI
ndonesia?”
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
18) Whatgtypegofgquestiongisgpredictinggwhethergborrowersgwillgbegablegtogrepaygtheirgloans?
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
19) Whatgtypegofgquestiongisgusedgingdeterminingghowgtogmaximizegrevenuesgifgtheregisgagtradeg
wargwithganothergcountry?
A) Whatghappened?gWhatgisghappening?
B) Whygdidgitghappen?gWhatgaregthegrootgcausesgofgpastgresults?
C) Willgitghappengingthegfuture?gWhatgisgthegprobabilitygsomethinggwillghappen?gIsgitgf
orecastable?
D) Whatgshouldgwegdogbasedgongwhatgwegexpectgwillghappen?gHowgdogwegoptimizegourgp
erformancegbasedgongpotentialgconstraints?
20) Whatgtermgisgusedgtogrefergtogthegaccuracy,gvaliditygandgconsistencygofgdatagusedgandgstoredgo
vergtime?
A) Datagveracity
B) Datagintegrity
C) Datagquality
D) Truthfulgdata
21) Dashboardsgshowinggcurrentgcompanygperformancegaregusuallygassociatedgwithgwhatgtypegofg
updating?
A) Dynamic
B) Static
C) Opportunist
D) Monthly
