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Author Question: Which of the following is true of spreadsheet packages used in business analytics? a. They are more ... (Read 77 times)

jayhills49

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on: Jun 24, 2018
Which of the following is true of spreadsheet packages used in business analytics?
 a. They are more expensive than specialized packages.
  b. They require substantial user training.
  c. They come preloaded on computers.
  d. They do not have specialized functions to perform detailed analyses.

Question 2

An analysis of items frequently co-occurring in transactions is known as
 a. market segmentation. b. market basket analysis.
  c. regression analysis. d. cluster analysis.


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Leostella20

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Reply #1 on: Jun 24, 2018
Answer to Question 1

c
RATIONALE: As spreadsheets packages are less expensive, often come preloaded on computers, and are fairly easy to use, they are without question the most used business analytics tool.

Answer to Question 2

b
RATIONALE: An analysis of items frequently co-occurring in transactions is known as market basket analysis.


jayhills49

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Reply 2 on: Jun 24, 2018
Excellent

lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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