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1. The basic data structure for a Pivot Table is A. a pie chart B. a line chart C. a decision variable D. an uncontrollable

1. The basic data structure for a Pivot Table is

A.

a pie chart

B.

a line chart

C.

a decision variable

D.

an uncontrollable

E.

a multidimensional cube

2. Which traits can describe big data?

A.

All of the above

B.

None of the above

C.

High speed

D.

High variety

E.

High volume

3. When you only have one data series to visualize, you do need to add a legend.

True

False

4. Which of the following would NOT be a good choice to display as a pie chart?

A.

all expense line-items for a given month

B.

sales revenue for each of our product lines for a given month

C.

all expense line-items for a given year

D.

sales revenue, gross profit, EBT, and net income

E.

sales revenue for each of our product lines for a given year

5.

Suppose you build a model of your furniture business in Excel. Which of the following statements about the decision variables (also called controllables) and uncontrollables in the model is true?

A.

The price you charge for your chairs is an uncontrollable, but the price your competitor charges is a decision variable

B.

The price you charge for your chairs is a decision variable, but the price your competitor charges is an uncontrollable

C.

The price you charge and the price your competitor charges are both decision variables.

D.

The price you charge is a decision variable, but the quantity of chairs you manufacture is an uncontrollable

E.

The price you charge and the price your competitor charges are both uncontrollables.

6.

Which of the following analyses is the foundation for the advanced analyses?

A.

Prescriptive analysis

B.

All of the above

C.

None of the above

D.

Predictive analysis

E.

Descriptive analysis

7.

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