Question :
61) Which of the following statements true of goal seeking : 1283749
61) Which of the following statements is true of goal seeking analysis?
A) It is a process of setting a target value for a particular metric and telling the program which variable to change to reach the goal.
B) It is a process which analyzes historical and seasonal trends and then takes into account existing and predicted business conditions to estimate results.
C) It is a process which involves software tools that rely on keywords, semantic structures, linguistic relationships, and common phrases to extract meaningful information.
D) It is a process which involves revealing customer behavior patterns by analyzing their purchase of multiple items.
62) ________ is a decision support tool, often based on an Excel model, in which the user sets a target value for a particular variable, such as profit/ loss, and tells the program which variable to change to try to reach the goal.
A) Goal seeking analysis
B) Data harvesting
C) Market basket analysis
D) Data aggregation
63) Which of the following is a feature of optimization?
A) It enables a user to control the output of a process by changing only a single variable.
B) It analyzes historical and seasonal trends to optimize productivity.
C) It allows a user to change many variables to reach its maximum or minimum target.
D) It allows a user to “slice-and-dice” or drill down massive amounts of data stored into data warehouses.
64) ________ is an extension of goal seeking analysis in which the user can change many variables to reach some maximum or minimum target, as long as the changes stay within the constraints the user identifies.
A) What-if analysis
B) Predictive analysis
C) Forecasting
D) Optimization
65) ________ refers to analyzing historical and seasonal trends and then taking into account existing and predicted business conditions to estimate some variable of interest.
A) Optimization
B) What-if analysis
C) Forecasting
D) Goal seeking analysis
66) Which of the following is a function of forecasting?
A) setting a target value and telling the program which variable to change to reach the goal
B) using semantic structures and linguistic relationships to extract meaningful business intelligence
C) calculating relationships between variables and allowing users to change some variables to see how others are impacted by it
D) analyzing seasonal trends to predict the future using statistical decision support tools
67) The analysts at Brittos, a brand of ice-cream, recently were asked to assess revenue generated over the past five years to observe seasonal and historical trends. After extensive analysis, they arrive at the conclusion that the sales were highest during the months of July and August, the summer months in the country, and an all-time low during January, the peak of winter. Which of the following tools would have best helped them arrive at the above conclusion?
A) goal seeking analysis
B) forecasting
C) market basket analysis
D) what-if analysis
68) The term “artificial intelligence” describes ________.
A) the capability of machines that can mimic human intelligence
B) the intellectual development synthetically induced in human infants
C) the ability of humans to imitate machine-like actions
D) the level of pervasion of technologies in everyday human life
69) ________ is a test created by software developers to thwart software bots where the visitor must pass before continuing to register or enter the site.
A) HTML
B) CAPTCHA
C) OLAP
D) SMTP
70) Which of the following is an accurate definition of CAPTCHA?
A) a tool that helps social bots mine user data
B) a test that a visitor must pass before registering into a site
C) a type of software that tracks user activity on the Internet
D) a tool to assign Internet addresses to various users
