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Data Analysis - Quiz 3

Authored by G_Sabado, Camille

Information Technology (IT)

University

Used 1+ times

Data Analysis - Quiz 3
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20 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What-if analysis in Excel allows users to explore different outcomes by changing which elements?

Formulas themselves
Input variables
Formatting styles
Data ranges

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In scenario analysis, what are independent variables?

Variables affected by the model
Variables derived from dependent values
Inputs determined outside the model
Random factors

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following best describes a dependent variable?

An input to the model
A variable calculated from inputs
A constant in the formula
A fixed number

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A company wants to test what their taxes would be if income changes — this is an example of:

Regression analysis
Scenario analysis
Forecasting
Goal seek

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Sensitivity analysis differs from scenario analysis because it:

Focuses on one specific scenario
Uses a range of input values
Is used only for dependent variables
Does not use Excel

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In a sensitivity table, which type of variables are typically labeled on the axes?

Dependent variables
Independent variables
Random values
Constant parameters

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When supply and demand are equal, the price shown in a sensitivity table represents:

A shortage
An equilibrium
A maximum value
A dependent variable error

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