,Ch1
1. Thedecision-makingthemescoveredinBusinessAnalytics:DataAnalysis&DecisionMaking include whichofthe
j j j j j j j j j j j j j j j
j following?
a. optimizationtechniques j
b. decision analysis withuncertainty
j j
j j j
c. structured sensitivityanalysis
j j
j j
d. all of thesechoices
j j
j j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1-2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
2. Whichstatementisnot true?
j j j j
a. Dealingwithuncertaintyincludesmeasuring uncertainty. j j j j j
b. Dealingwithuncertaintyincludesmodelinguncertaintyexplicitlyintotheanalysis.
j j j j j j j j j
c. Dealingwithuncertaintyincludeseliminatinguncertaintybyusingthenormalprobabilitydistribution.
j j j j j j j j j j j
d. Dealingwithuncertaintyrequiresabasicunderstandingofprobability.
j j j j j j j j
ANSWER: c
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
3. Whatisnotoneofthe importantthemes of yourBusiness Analytics: DataAnalysis &DecisionMaking text?
j j j j j j j j j j j j j j j j j
a. dataanalysis b. dealingwith uncertainty j j j
c. decisionmaking d. data mining j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
4. Dataanalysisincludes:
j j
a. datadescription b. j datainference j
c. thesearchforrelationships in data j
d. j j j j allof these choices
j j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
5. Whichof thefollowing is not oneof thestepsin the modeling process?
j j j j j j j j j j j j j
a. Selectthescale forthe model. j j j j j
b. Collectandsummarizedata. j j j
c. Verifythe model. j j
d. Present theresults. j j
e. Implementthemodelandupdateitthrough time. j j j j j j j
Copyright CengageLearning. Poweredby Cognero.
j j j j j Page 1
j
,Ch1
ANSWER: a
POINTS: 1
DIFFICULTY: Easy|Bloom's: Comprehension j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
6. Whichofthefollowing wouldnotbeincluded underdataanalysis?
j j j j j j j j j j
a. measuringuncertainty b. datadescription j j
c. data inference d. searchforrelationships
j j j
ANSWER: a
POINTS: 1
DIFFICULTY: Easy|Bloom's: Comprehension j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
7. Thedecisionmakingprocessincludes:
j j j j
a. optimizationtechniques forproblemswithnouncertainty j j j j j j
b. decisionanalysisforproblems withuncertainty j j j j j
c. sensitivityanalysis j
d. allof thesechoices j j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
8. Whichtool is an Excel®add-in for performing what-if analyses?
j j j j j j j j j
a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY: Easy|Bloom's: Comprehension j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
9. Whichofthefollowingstatementsare true?
j j j j j j
a. Threeimportantthemesrunthroughthebook:dataanalysis,decisionmaking,anduncertainty.
j j j j j j j j j j j j
b. Dataanalysisincludes datadescription,datainference,andthesearchingforrelationships indata
j j j j j j j j j j j j j
c. Decisionmakingincludesoptimizationtechniquesforproblemswithnouncertainty,decisionanalysisfor
j j j j j j j j j j j j
problems with uncertainty, and structured sensitivity analysis.
j
j j j j j j
d. Dealingwithuncertaintyincludesmeasuringuncertaintyandmodelinguncertaintyexplicitlyintotheanalysis.
j j j j j j j j j j j j
Copyright CengageLearning. Poweredby Cognero.
j j j j j Page 2
j
, Ch1
e. Allof thesestatements aretrue.
j j j j j
ANSWER: e
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
10. Dataanalysisincludesdatadescription,datainference,andthesearchforrelationships indata.
j j j j j j j j j j j j j
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
11. Decision-makingincludesoptimizationtechniquesforproblemswithcertainty,decisionanalysis forproblemswith
j j j j j j j j j j j j
j certainty, and structured sensitivity analysis.
j j j j
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
12.
Arelativelynewaspectof business analytics is bigdata, whichtypically impliestheanalysis ofthe verylarge datasets that
j j j j j j j j j j j j j j j j j j j j j
companies currently encounter.
j j j
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
13. ThreeimportantthemesrunthroughtheBusinessAnalytics:DataAnalysis&DecisionMaking text:dataanalysis,
j j j j j j j j j j j j j j j
j decision-making, and dealing with uncertainty. j j j j
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
Copyright CengageLearning. Poweredby Cognero.
j j j j j Page 3
j
1. Thedecision-makingthemescoveredinBusinessAnalytics:DataAnalysis&DecisionMaking include whichofthe
j j j j j j j j j j j j j j j
j following?
a. optimizationtechniques j
b. decision analysis withuncertainty
j j
j j j
c. structured sensitivityanalysis
j j
j j
d. all of thesechoices
j j
j j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1-2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
2. Whichstatementisnot true?
j j j j
a. Dealingwithuncertaintyincludesmeasuring uncertainty. j j j j j
b. Dealingwithuncertaintyincludesmodelinguncertaintyexplicitlyintotheanalysis.
j j j j j j j j j
c. Dealingwithuncertaintyincludeseliminatinguncertaintybyusingthenormalprobabilitydistribution.
j j j j j j j j j j j
d. Dealingwithuncertaintyrequiresabasicunderstandingofprobability.
j j j j j j j j
ANSWER: c
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
3. Whatisnotoneofthe importantthemes of yourBusiness Analytics: DataAnalysis &DecisionMaking text?
j j j j j j j j j j j j j j j j j
a. dataanalysis b. dealingwith uncertainty j j j
c. decisionmaking d. data mining j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
4. Dataanalysisincludes:
j j
a. datadescription b. j datainference j
c. thesearchforrelationships in data j
d. j j j j allof these choices
j j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
5. Whichof thefollowing is not oneof thestepsin the modeling process?
j j j j j j j j j j j j j
a. Selectthescale forthe model. j j j j j
b. Collectandsummarizedata. j j j
c. Verifythe model. j j
d. Present theresults. j j
e. Implementthemodelandupdateitthrough time. j j j j j j j
Copyright CengageLearning. Poweredby Cognero.
j j j j j Page 1
j
,Ch1
ANSWER: a
POINTS: 1
DIFFICULTY: Easy|Bloom's: Comprehension j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
6. Whichofthefollowing wouldnotbeincluded underdataanalysis?
j j j j j j j j j j
a. measuringuncertainty b. datadescription j j
c. data inference d. searchforrelationships
j j j
ANSWER: a
POINTS: 1
DIFFICULTY: Easy|Bloom's: Comprehension j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
7. Thedecisionmakingprocessincludes:
j j j j
a. optimizationtechniques forproblemswithnouncertainty j j j j j j
b. decisionanalysisforproblems withuncertainty j j j j j
c. sensitivityanalysis j
d. allof thesechoices j j j
ANSWER: d
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
8. Whichtool is an Excel®add-in for performing what-if analyses?
j j j j j j j j j
a. PrecisionTree
b. TopRank
c. Solver
d. @Risk
e. StatTools
ANSWER: b
POINTS: 1
DIFFICULTY: Easy|Bloom's: Comprehension j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
9. Whichofthefollowingstatementsare true?
j j j j j j
a. Threeimportantthemesrunthroughthebook:dataanalysis,decisionmaking,anduncertainty.
j j j j j j j j j j j j
b. Dataanalysisincludes datadescription,datainference,andthesearchingforrelationships indata
j j j j j j j j j j j j j
c. Decisionmakingincludesoptimizationtechniquesforproblemswithnouncertainty,decisionanalysisfor
j j j j j j j j j j j j
problems with uncertainty, and structured sensitivity analysis.
j
j j j j j j
d. Dealingwithuncertaintyincludesmeasuringuncertaintyandmodelinguncertaintyexplicitlyintotheanalysis.
j j j j j j j j j j j j
Copyright CengageLearning. Poweredby Cognero.
j j j j j Page 2
j
, Ch1
e. Allof thesestatements aretrue.
j j j j j
ANSWER: e
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
10. Dataanalysisincludesdatadescription,datainference,andthesearchforrelationships indata.
j j j j j j j j j j j j j
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
11. Decision-makingincludesoptimizationtechniquesforproblemswithcertainty,decisionanalysis forproblemswith
j j j j j j j j j j j j
j certainty, and structured sensitivity analysis.
j j j j
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
12.
Arelativelynewaspectof business analytics is bigdata, whichtypically impliestheanalysis ofthe verylarge datasets that
j j j j j j j j j j j j j j j j j j j j j
companies currently encounter.
j j j
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
OTHER: BUSPROG:Analytic |DISC:Decision Making j j j j j
13. ThreeimportantthemesrunthroughtheBusinessAnalytics:DataAnalysis&DecisionMaking text:dataanalysis,
j j j j j j j j j j j j j j j
j decision-making, and dealing with uncertainty. j j j j
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy|Bloom's: Knowledge j j j
TOPICS: A-Head:1.2Overviewof theBook j j j j j
Copyright CengageLearning. Poweredby Cognero.
j j j j j Page 3
j
