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Question 6 please help answer very important for college course With reference t

ID: 3221343 • Letter: Q

Question

Question 6 please help answer very important for college course

With reference to a what-if model, an uncontrollable model input is known as a(n) _____

Parameter

dummy variable

decision variable

outlier

Question 7

A(n) _____ refers to a model input that the decision maker can control in a what-if model

parameter

dummy variable

outlier

decision variable

Question 8

A one-way data table summarizes

values of cells when not all of the model is observable on the screen

values of the input cells that will cause the single output value to equal zero

multiple input’s impact on a single output of interest

a single input’s impact on the output of interest

question 9

The impact of two inputs on the output of interest is given by a _____

Watch Window

two-way data table

Goal Seek

one-way data table

Question 10

The _____ function pairs each element of the first array with its counterpart in the second array, multiplies the elements of the pairs together, and adds the results

IF

SUMPRODUCT

SUM

COUNTIF

A.

Parameter

B.

dummy variable

C.

decision variable

D.

outlier

Explanation / Answer

6ans ) option a parameter because ---- Uncontrollable inputs, sometimes called parameters, are quantities or factors that are important to the situation but are outside the decision maker’s direct control.

7 ans) option d decision variable beacause ---- Controllable inputs, also called decision variables, are quantities or factors that a decision maker can change (usually within limits) for the current situation

8ans ) option d a single input’s impact on the output of interest

it sumarizes single input’s impact on the output

9 ans) option - b two way data table because it summarizes two inputs on the output of interest

10 ans_) option b sum product

its basic definition of sumproduct function

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