Ugba 104 - Study guides, Class notes & Summaries

UGBA 104 - Exam 1 with Questions and Answers Optimization - CORRECT ANSWER-maximizing or minimizing an objective function involving at least one variable Linear programming - CORRECT ANSWER-maximizing or minimizing an objective when the objective function AND all constraints involve linear functions of the variables 5 Steps in Formulating a Linear Program - CORRECT ANSWER-(1) understand decision problem (2) define decision variables (3) express objective as a linear function of deci...

UGBA 104 M1 Exam 2023 Questions and Answers calculate outliers IQR method - ️️ IQR below; Q1 - 1.5 * IQR IQR above; Q3 + 1.5 * IQR how to calculate percentiles - ️️ percentile (L) = (n+1) * P/100 calculate z score outlier - ️️ (value-mean)/SD rule of thumb for z score outlier - ️️ above or below 3 SDs away which outlier method is more lenient - ️️ z score, it goes further from mean than the IQR method ie the IQR gives a z score less than 3 cross tabulation - ️️ a...

UGBA 104 Final Review Question and answers rated A+ 2023/2024Example of a Quantitative Variable - correct answer Age, Income Example of a Categorical Variable - correct answer Religion, Zip Code, Rent vs Own Example of a Binary Categorical Variable - correct answer Rent vs Own, Paid vs Not What is the difference between Sorting and Filtering? - correct answer Sort puts things in different orders whereas Filtering only shows the results you filtered for What are some of the uses of Co...

UGBA 104- Excel Midterm 1 Exam Questions and Answers decision analysis - ️️ Definition: A technique used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events. Internet of Things (IoT) - ️️ Definition: The technology that allows data collected from sensors in all types of machines to be sent over the Internet to repositories where it can be stored and analyzed. optimization models - ️️ Definition:...

Exam 2 UGBA 104 Study Material Questions and Answers 10 social media trends to watch in 2023 - CORRECT ANSWER-1) Less copy and paste trends 2) UGC creators shine 3) YouTube Shorts take off 4) AI goes mainstream 5) Rise of LinkedIn creators 6) Keyword search & SEO take center stage 7) Gated content 8) Storytelling 9) Instagram doubles down on creators 10) Pay transparency between brands and creators AI in digital marketing - CORRECT ANSWER-1) Smart speakers: a new channel f...

UGBA 104 Final ReviewExample of a Quantitative Variable - correct answer Age, Income Example of a Categorical Variable - correct answer Religion, Zip Code, Rent vs Own Example of a Binary Categorical Variable - correct answer Rent vs Own, Paid vs Not What is the difference between Sorting and Filtering? - correct answer Sort puts things in different orders whereas Filtering only shows the results you filtered for What are some of the uses of Conditional Formatting? - correct answer H...

UGBA 104- Excel Midterm 1 Exam Questions and Answers

UGBA 104 Final Review Exam Questions and Answers

UGBA 104- Excel Midterm 1decision analysis - correct answer Definition: A technique used to develop an optimal strategy when a decision maker is faced with several decision alternatives and an uncertain set of future events. Internet of Things (IoT) - correct answer Definition: The technology that allows data collected from sensors in all types of machines to be sent over the Internet to repositories where it can be stored and analyzed. optimization models - correct answer Definition: A...