MSIS 3223 Nord - Okstate Exam 1 Questions And 100% Well Answered.
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Course
MSIS 3223
Institution
MSIS 3223
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? - Answer 10^2 * 5^3 / 100 - 73
Which of the following is a difference between relative addressing and
absolute addressing when using cell formulas in...
MSIS 3223 Nord - Okstate Exam 1
Questions And 100% Well Answered.
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? - Answer 10^2 * 5^ - 73
Which of the following is a difference between relative addressing and
absolute addressing when using cell formulas in Excel? - Answer A relative address uses just the row
and column label in the cell reference; an
absolute address uses a dollar sign before either the row or column label.
To copy a formula from a single cell or range of cells down a column or
across a row, first________, click and hold the mouse on the small square in
the lower right-hand corner of the cell, and drag the formula to the "target"
cells which you wish to copy. - Answer select the cell or range
The easiest way to locate a particular function is to select a cell and click on
the Insert function button represented by ________ on the Excel ribbon. - Answer fx
The Excel function of ________ is used to find the largest value in a range of
cells. - Answer MAX(range)
________ measures the worth of a stream of cash flows, taking into account
the time value of money. - Answer Net present value
Descriptive analytics: - Answer helps companies classify their customers into segments to develop
specific
marketing campaigns.
, Predictive analytics: - Answer detects patterns in historical data and extrapolates them forward in time
Which of the following questions will prescriptive analytics help a company
address? - Answer What is the best way of shipping goods from their factories to minimize costs?
The demand for coffee beans over a period of three months has been
represented in the form of an L-shaped curve. Which form of model was
used here? - Answer visual model
Decision variables: - Answer can be selected at the discretion of the decision maker
Descriptive decision models: - Answer describe relationships but do not tell a manager what to do.
Prescriptive decision models help: - Answer decision makers identify the best solution to decision
problems.
Which decision model incorporates the process of optimization? - Answer prescriptive
Which of the following is the first phase in problem solving? - Answer recognizing the problem
During which phase in problem solving is a formal model often developed? - Answer structuring the
problem
________ is a logical function that returns one value if the condition is true
and another if the condition is false. - Answer IF(condition, value if true, value if false)
In a MATCH function, if the match_type = 0, then ________. - Answer MATCH finds the first value that
is exactly equal to lookup_value
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