MSIS 3223 Final Exam Okstate Questions 100% Solved!!
7 views 0 purchase
Course
MSIS 3223Okstate
Institution
MSIS 3223Okstate
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, use...
MSIS 3223 Final Exam Okstate
Questions 100% Solved!!
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, useful, and correct spreadsheet models is known as spreadsheet
_________ - ANSWERengineering
In predictive modeling, validity refers to how well a model represents reality.
A. True
B. False - ANSWERA.
In predictive modeling, ______ refers to how well a model represents reality.
A. True
B. False - ANSWERvalidity
Two-way data tables can evaluate only one output variable
A. True
B. False - ANSWERA.
Two-way data tables can __________only one output variable - ANSWERevaluate
Models can capture every detail of a real problem
A. True
B. False - ANSWERFalse
, Verification is the process of ensuring that a model is accurate and free from logical errors
A. True
B. False - ANSWERTrue
___________ is the process of ensuring that a model is accurate and free from logical errors -
ANSWERVerification
Excel Formula Auditing tools (in the Formulas tab) help you validate the formulas and check for
errors
A. True
B. False - ANSWERA.
One useful Excel tool is the data error feature, which allows you to define acceptable input values in
a spreadsheet and provides an error alert if an invalid entry is made.
A. True
B. False - ANSWERB.
A wide variety of practical problems in business analytics can be modeled using spreadsheets.
A. True
B. False - ANSWERA.
A wide variety of practical problems in business analytics can be modeled using _____________ -
ANSWERspreadsheets
__________________ is a visual representation of a descriptive model that shows how the elements
of the model influence or relate to others. - ANSWERInfluence diagram
Adding more realism to a model reduces its complexity.
A. True
B. False - ANSWERF.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller papersbyjol. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.