AN 300 Questions with Correct Answers 100% Verified Which of the following is the definition of decision making you learned from this class? - Correct Answer It is to choose among alternative courses of action to improve organization performance.Define the correct sequence of the decision making process by placing a number to reflect the order
of each of the following stages:
Identify alternative solutions Choose one alternative Define a decision making situation 1 Evaluate each alternative using the chosen criteria Determine the criteria used to evaluate alternative solutions - Correct Answer Answer 1: 3
Answer 2:
5
Answer 3:
1
Answer 4:
4
Answer 5:
2 The characteristics of a business analytics approach to decision making include _____. (Check all that apply). - Correct Answer Data-driven Scientific Fact-based 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 1 / 2
Match the category of Business Analytics on the left to the type of questions it addresses.Descriptive Analytics Predictive Analytics Prescriptive Analytics - Correct Answer What has happened?What could happen?What should happen?Descriptive analytics techniques include the following EXCEPT: - Correct Answer Simulations What does SQL stand for? - Correct Answer Structured Query Language Which of the following is a characteristic of big data? (Check all that apply). - Correct Answer Variety Veracity Volume Which of the following is a predictive analytics software tool? - Correct Answer IBM SPSS Modeler Which of the following is a prescriptive analytics technique? - Correct Answer Decision rules We discussed many business analytics applications in various business domain in this class. Which of the following is explicitly cited as an illustrative example? (Check all that apply). - Correct Answer Sports Health care Business Analytics tools are essentially _____. - Correct Answer Software Which of the following Business Analytics functionalities will be covered in this class? Check all that apply. - Correct Answer Data analysis Data pre-processing Data reporting
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