(a) State and describe two examples of how business analytics is used in organizations. (b) What are the logical functions in Excel. Give a real world example where using a logical function is useful. (c) What is a line chart? What is a scatter diagram? What is the difference between a line chart and a scatter diagram? Give one real world example when using a line chart is appropriate and one real world example when using a scatter diagram is appropriate. (d) Explain the basic concept of cause-and-effect modeling. Give a real world example when this approach is useful. (e) Explain how the simple moving average method works in forecasting techniques. Give a real world example when this approach is useful.
(a) State and describe two examples of how business analytics is used in organizations. (b) What are the logical functions in Excel. Give a real world example where using a logical function is useful. (c) What is a line chart? What is a scatter diagram? What is the difference between a line chart and a scatter diagram? Give one real world example when using a line chart is appropriate and one real world example when using a scatter diagram is appropriate. (d) Explain the basic concept of cause-and-effect modeling. Give a real world example when this approach is useful. (e) Explain how the simple moving average method works in forecasting techniques. Give a real world example when this approach is useful.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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- (a) State and describe two examples of how business analytics is used in organizations.
(b) What are the logical
(c) What is a line chart? What is a
(d) Explain the basic concept of cause-and-effect modeling. Give a real world example when this approach is useful.
(e) Explain how the simple moving average method works in forecasting techniques. Give a real world example when this approach is useful.
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