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MSIS 3223 EXAMS BUNDLE (COMPLETE PACKAGE)|| QUESTIONS AND ANSWERS 100% VERIFIED!!

MSIS 3223 EXAMS BUNDLE (COMPLETE PACKAGE)|| QUESTIONS AND ANSWERS 100% VERIFIED!!MSIS 3223 EXAMS BUNDLE (COMPLETE PACKAGE)|| QUESTIONS AND ANSWERS 100% VERIFIED!!MSIS 3223 EXAMS BUNDLE (COMPLETE PACKAGE)|| QUESTIONS AND ANSWERS 100% VERIFIED!!MSIS 3223 EXAMS BUNDLE (COMPLETE PACKAGE)|| QUESTIONS AN...

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MSIS 3223 Exam 1 (Appendix A1, Ch. 1-4) Questions & Answers(RATED A+)

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Cell references - ANSWER_____ in formulas can be written with either relative addresses or absolute addresses. Relative - ANSWERA(n) _____ address uses just the row and column label in the cell reference (for example A4 or C23). Absolute - ANSWERA(n) _____ address uses a dollar sign ($) before...

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Ali Bagheri MSIS 3223 Exam 1 Questions & Answers 100% Correct!!

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•Common mathematical operators are used - ANSWER-addition (+) -subtraction (-) -multiplication (*) -division (/) -exponentiation (^) Relative references - ANSWERA2, C5, D10 Absolute references - ANSWER$A$2, $C5, D$10 Using a $ sign before a row label (for example, B$4) keeps the refer...

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MSIS 3223 - Nord - Okstate - Exam 1 Questions With Correct Answers!!

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Which of the following ways would 10 raised to the power of 2 × 5 raised to the power of 3/ 100 - 73 be represented in an Excel spreadsheet? - ANSWER10^2 * 5^3 / 100 - 73 Which of the following is a difference between relative addressing and absolute addressing when using cell formulas in Exce...

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MSIS 3223 Final Exam Oklahoma State Questions & Answers 100% Correct!!

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Total Cost - ANSWER=Fixed Cost + Variable Cost * Quantity Produced Influence Diagram - ANSWERA visual representation of a descriptive model that shows how the elements of the model influence, or relate to, others. Revenue - ANSWER= Price * Quantity Sold Gross Profit - ANSWER= Sales - Cost o...

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MSIS 3223 Quizzes With Correct Answers!!

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False - ANSWERDescriptive analytics helps detect hidden patterns in large quantities of data to group data into sets to predict behavior (T/F). False - ANSWERA manager at Academy wishes to know the company's revenue and profit in its previous quarter. Predictive analytics is what the manager s...

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MSIS 3223 Final Exam Questions & Answers(RATED A+)

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Variable Cost - ANSWERUnit Variable Cost * Quantity Produced Total Cost - ANSWERFixed Cost + Variable Cost * Quantity Produced (Also written as C=F+VQ) p. 380 Logic suggests that variable cost is... - ANSWERthe unit variable cost times the quantity of item produced. Demand has an influen...

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MSIS 3223 - Exam 1 (Chapters 1-4)CORRECT 100%

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Descriptive analytics helps detect hidden patterns in large quantities of data to group data unto sets to predict behavior. - ANSWERFalse. A manager at Academy wishes to know the company's revenue and profit in its previous quarter. Predictive analytics is what the manager should use for this ...

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MSIS 3223 Exam 2 (Ch. 5, 8, 9)Questions & Answers 100% Correct!!

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it measures the uncertainty of a random variable. - ANSWERWhich of the following is true about variance? characterizes outcomes of a continuous random variable. - ANSWERA probability density function: time-series - ANSWERRegression models of ________ data focus on predicting the future. use...

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MSIS 3223 Final okstate CORRECT 100%

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Stopwatch Time Study - ANSWERdevelopment of a time standard based on the observation of one worker taken over a number of cycles, then applied to all others doing the same task Random - ANSWERNatural variation in the output of a process due to minor issues Non-random - ANSWERcauses can be iden...

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MSIS 3223 Final Exam Review OKST (Nord) Questions & Answers 100%

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Variable cost = ? - ANSWERUnit Variable Cost * Quantity Produced Total Cost = - ANSWERFixed Cost + Variable Cost* Quantity Produced Also written as C=F+VQ Logic suggests that variable cost is the unit variable cost times the quantity of item produced. Thus a ____________ would be - ANSWERdesc...

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MSIS 3223 (FINAL)Questions & Answers 100% Correct!!

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What is the Variable Cost Formula? - ANSWERUnit Variable Cost x Quantity Produced T/F: Quantity produced is a decision option typically based on demand. - ANSWERTRUE Multiple outputs may be evaluated using what? - ANSWEROne-Way data tables Two-Way data tables can evaluate ONLY what? - ANSWE...

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MSIS 3223 Final Okstate Questions & Answers 100% Correct!!

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A feasible solution is a - ANSWERset of values for the decision variables that satisfy all of the constraints. A poorly scaled model is one that computes values of ______, ______, ______ that differ by several orders of magnitude - ANSWERobjective, constraints, or intermediate results Alternat...

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MSIS 3223 Final Exam - Online Nord Okstate CORRECT 100%

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Variable Cost - ANSWERUnit Variable Cost * Quantity Produced Total Cost - ANSWERFixed Cost + (Variable Cost * Quantity Produced Quantity produced is based on... - ANSWERprediction of demand Profit = - ANSWERRevenue - Variable Costs - Fixed Costs One-Way Data Tables - ANSWERCan be used to...

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MSIS 3223 Exam 2 Review Questions & Answers 100% Correct!!

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classical definition of probability - ANSWERIf the process that generates the outcome is known, probabilities can be deduced from theoretical arguments, this is the ______ Relative Frequency - ANSWERbased on empirical data. The probability that an outcome will occur is simply the relative frequen...

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MSIS 3223 Final Exam Review OKSTATE Questions & Answers 100% Accurate!!

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Variable cost = - ANSWERUnit Variable Cost * Quantity Produced (Descriptive Model) Total Cost = - ANSWERFixed Cost + Variable Cost * Quantity Produced Also written as FC + VC * QP = TC (Descriptive Model) Logic suggests that variable cost is the unit variable cost times the quantity of item ...

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MSIS 3223 Final Exam Okstate Questions 100% Solved!!

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Building spreadsheet models, often called _____________, is part art and part science - ANSWERspreadsheet engineering The Process of developing good, useful, and correct spreadsheet models is known as spreadsheet engineering A. True B. False - ANSWERTrue The Process of developing good, usef...

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MSIS 3223 Exam #2 Questions & Answers(RATED A+)

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True - ANSWERCorrelation measures the strength and direction of a relationship between variables True - ANSWERThe Delphi approach involves the use of a series of questionnaires to achieve a consensus forecast True - ANSWERIn order to update a moving average forecast, the value of each data poi...

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MSIS 3223 Exam 1 – Okstate Questions & Answers(RATED A+)

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Addition in excel - ANSWER+ Subtraction in Excel - ANSWER- Multiplication in Excel - ANSWER* Division in Excel - ANSWER/ Raised to the power (exponentiation) - ANSWER^ How would 10 raised to the power of 2 × 5 raised to the power of 3/ 100 - 73 be represented in an Excel spreadsheet?...

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MSIS 3223 - Nord - Okstate - Exam 2 CORRECT 100%

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What is the probability that a respondent is male and prefers arts? - ANSWER2/15 which of the following is the weighted average of the squared deviations from the expected value? - ANSWERvariance which of the following is a continuous random variable? - ANSWERnumber of students in class whi...

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MSIS 3223 test 1 Questions & Answers!!

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Operations management - ANSWER- The management of processes or systems that create goods and/or provide services. - inputs transformed into outputs (goods or services) - plays role in supply chain - works with marketing and finance It creates _____ - ANSWERVALUE added - research and investmen...

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MSIS 3223 - Exam 2 (Chapters 5-9)Accurate 100%

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T/F: Probability is the likelihood that an outcome occurs. - ANSWERTrue. T/F: The union of two events contains all outcomes that belong to either the two events. - ANSWERTrue. T/F: Conditional probability is the probability of occurrence of one event 'A' given that another event 'B...

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MSIS 3223 Final Exam (Ch. 11, 13, 14) – UPDATE(GRADED A+)

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requirements - ANSWERProblem statements such as production must be sufficient to meet promised customer orders would be categorized as a ________ constraint. Unit Variable Cost * Quantity Produced - ANSWERVariable Cost = Fixed Cost + Variable Cost * Quantity Produced - ANSWERTotal Cost = De...

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MSIS 3223 Exam 2 Questions 100% Correct!!

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Probabilities are expressed as values between - ANSWER0 and 1 classical definition of probability - ANSWERIf the process that generates the outcome is known, probabilities can be deduced from theoretical arguments relative frequency definition - ANSWERBased on empirical data. The probability t...

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MSIS 3223 Exam 3 T/F CORRECT 100%

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In predictive modeling, verification refers to how well a model represents reality. - ANSWERFalse Requirements involve the specifications of minimum levels of performance. - ANSWERTrue In the context of simulation, random numbers are numbers that are uniformly distributed between 0 and 9. - AN...

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MSIS 3223 - EXAM 2 Questions & Answers(RATED A+)

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Probability - ANSWERThe likelihood that an outcome occurs Experiment - ANSWERThe process that results in an outcome Outcome - ANSWERResult of an experiment that can be observed Sample space - ANSWERThe collection of all possible outcomes of an experiment Complement of an event - ANSWERAl...

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MSIS 3223 Exam 2 Content Questions & Answers(SCORED A+)

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Conditional probability is the probability of occurrence of one event 'A' given that another event 'B' is known to be true or already occurred. - ANSWERTrue Which of the following is true of normal distributions? - ANSWERThe mean, median, and mode are all equal. Probability is the ...

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MSIS 3223 Exam 1 Review Questions & Answers(RATED A+)

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discount rate - ANSWERthe opportunity costs of spending funds now vs achieving a return through another investment, & the risks associated with not receiving returns until a later time. Descriptive analytics - ANSWER-summarizes data into meaningful charts and reports, for example, about budgets, ...

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MSIS 3223 Exam 1 Questions & Answers(RATED A+)

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Covariance - ANSWERa measure of linear association between two variables, X and Y Correlation - ANSWERmeasure of the linear relationship between two variables, X and Y, which does not depend on the units of measurement. is measured by the coefficient. For two variables a __________ correlation...

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MSIS 3223 test 3 Questions & Answers 100% Correct!!

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Under design of work systems, all jobs need to be designed to add ___ and enable the company to achieve its objectives - ANSWERValue (T/F) The work system provides the structure for the productivity of the organization - ANSWER 3 main topics regarding work systems: - ANSWER1. Job design 2. ...

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MSIS 3223 Final Exam review (Jason Morgan okstate)CORRECT 100%

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Constraints in an Optimization Model - ANSWER•Constraints are limitations, requirements, or other restrictions that are imposed on any solution, either from practical or technological considerations or by management policy. variable cost - ANSWERunit variable cost*quntity produced total cost...

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MSIS 3223 Exam #1 Questions & Answers 100% Correct!!

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Business Analytics - ANSWERThe use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about the business operations and make better, fact-based decisions. Pricing (example of business analyt...

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