Quantitative Methods for Business Midterm Exam
Course Introduction
Quantitative Methods for Business introduces students to the essential mathematical and statistical tools used in business decision-making. The course covers topics such as data analysis, probability, regression, forecasting, linear programming, and decision analysis, emphasizing real-world applications in areas like operations, finance, marketing, and management. Through case studies and practical exercises, students learn how to interpret data, develop models, and use quantitative reasoning to solve complex business problems, ultimately supporting effective and informed managerial decisions.
Recommended Textbook
New Perspectives on Microsoft Excel 2010 Comprehensive 1st Edition by June Jamrich Parsons
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14 Chapters
2100 Verified Questions
2100 Flashcards
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Page 2
Chapter 1: Getting Started With Excel
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150 Verified Questions
150 Flashcards
Source URL: https://quizplus.com/quiz/31705
Sample Questions
Q1) To move a cell,select it,then place the mouse over the bottom border of the cell before dragging it to a new location._________________________
A)True
B)False
Answer: True
Q2) In the formula,=2+6*2,addition would be calculated after multiplication._________________________
A)True
B)False
Answer: True
Q3) Sam is happy with the results of the formula.All of a sudden he realizes that the cell that once displayed the result is now displaying the formula and all of the columns are wider.He must have ____.
A) switched to editing mode by double-clicking the results cell
B) switched to formula view by pressing Ctrl + Alt
C) switched to editing mode by pressing Ctrl + Alt
D) switched to formula view by pressing Ctrl + `
Answer: D
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3
Chapter 2: Formatting a Workbook
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150 Flashcards
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Sample Questions
Q1) Karl would like to center a title across the top of his data.His data runs across five columns,from column A to column E.One way he could accomplish this is to ____.
A) type the data in A1 and Merge cells A1:A5
B) type the data in A1 and Merge cells A1:E1
C) type the data in C1
D) choose Center from the Format menu
Answer: B
Q2) ____ merges each of the rows in the selected range across the columns in the range.
A) Merge build
B) Merge and Center
C) Merge Across
D) Merge Cells
Answer: C
Q3) A sans serif font,such as Arial,does not include decorative strokes on each character._________________________
A)True
B)False
Answer: True
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Page 4
Chapter 3: Working With Formulas and Functions
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) The amount of money loaned
A)NOW
B)PMT function
C)Principal
D)Simple interest
E)fv
F)<
G)F4
H)Absolute references
I)nested
J)mixed
K)Mon,Tues,Wed,Thurs,Fri
L)Median
Answer: C
Q2) To insert a function,click the ____________________ tab on the Ribbon.
Answer: Formulas
Q3) Optional arguments are always placed last in the argument list.
A)True
B)False
Answer: True
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Chapter 4: Enhancing a Workbook With Charts and Graphs
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) If you cannot find the right chart to meet your needs,Excel allows you to create a custom chart based on the built-in chart types.
A)True
B)False
Q2) A column sparkline can be ____. A) inserted anywhere within the workbook
B) can represent data from several rows C) can represent data from several columns D) any of the above
Q3) Excel supports ____________________ built-in charts.
Q4) Andy has experimented with a few different types of charts to give his boss options for reporting the test results.In his bar chart,Andy wants to change the chart's border.To do this,he should select the ____ tab in the Chart Tools.
A) Format
B) Edit
C) Design
D) Layout
Q5) A chart that combines two or more chart types into a single graph is called a(n)____________________ chart.
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Chapter 5: Working With Excel Tables, Pivot-tables, and Pivot-charts
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) You cannot change data directly in the PivotTable.Instead,you must edit the Excel table,and then ____,or update,the PivotTable to reflect the updated data.
A) reset
B) refresh
C) renew
D) change
Q2) Custom filters enable you to specify various conditions in addition to those that are based on an "equals" criterion._________________________
A)True
B)False
Q3) To show items hidden in a PivotTable,you click the Show tab and check the check box for the item you want to show.
A)True
B)False
Q4) In PivotTable terminology,the fields that you summarize are known as ____________________ fields.
Q5) The process of hiding certain records and viewing the ones you want is called ____________________ your data.
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Chapter 6: Managing Multiple Worksheets and Workbooks
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) To ungroup worksheets,you can click a sheet ____ of a sheet not in the group.
A) index
B) panel
C) tab
D) pane
Q2) When the source and destination workbooks are stored in the same folder,you still need to include the location information in the workbook reference that links the two files.
A)True
B)False
Q3) You can use the ____________________ dialog box to break links between workbooks.
Q4) When the destination file is closed,and the source files are closed,the complete file path is included as part of the external reference formula that appears in the formula bar._________________________
A)True
B)False
Q5) To open the dialog box in the accompanying figure,click the ____________________ tab on the Ribbon,and then,in the Links group,click the Hyperlink button.
8
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Chapter 7: Using Advanced Functions and Conditional Formatting
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) If all of the logical conditions are true,the AND function returns the logical value
A) FALSE
B) ON
C) TRUE
D) OFF
Q2) Using the VLOOKUP function,an approximate match lookup occurs when the value entered falls within a range of values in ____ of the lookup table.
A) the first column
B) any column
C) the first row
D) any row
Q3) ____ references make it easier to create formulas that use portions or all of an Excel table because the names or headers are usually simpler to identify than cell addresses.
A) Indexed
B) Structured
C) Key
D) Logical
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Chapter 8: Developing an Excel Application
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) A digital ____________________ is typically issued by a certificate authority.
Q2) A range name is more descriptive than a(n)cell reference._________________________
A)True
B)False
Q3) The Name dialog box lists all of the names currently defined in the workbook,including Excel table names._________________________
A)True
B)False
Q4) If content is blocked,the ____ located under the Ribbon appears,notifying you that some content was disabled.
A) Mini toolbar
B) Quick Launch toolbar
C) Message Bar
D) status bar
Q5) A macro ____________________ uses a program's own macro programming language for distribution.
Q6) A(n)____________________ is a spreadsheet written or tailored to meet the user's specific needs.
Page 10
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Chapter 9: Working With Financial Tools and Functions
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150 Flashcards
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Sample Questions
Q1) Both the NPV and the IRR functions assume the cash flows occur at evenly spaced intervals.
A)True
B)False
Q2) The difference between the present value of an investment and the initial expenditure on that investment
A)PPMT function
B)rate of return
C)IPMT function
D)IRR
E)NPV function
F)RATE function
G)PMT function
H)XIRR function
I)NPV
J)NPER function
K)FV function
L)PV function
Q3) The item marked ____________________ in the accompanying figure is the annual interest rate.
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Chapter 10: Performing What-If Analyses
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150 Flashcards
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Sample Questions
Q1) If you orient a one-variable table so that the input values are in the first row,you would use the ____ input cell option.
A) Column
B) Row
C) Values
D) Table
Q2) In measuring elasticity,as the value of e increases,the result is that any change in price causes a huge change in demand,resulting in a ____ relationship between price and demand.
A) relatively elastic
B) perfectly inelastic
C) relatively inelastic
D) perfectly elastic
Q3) The ____________________ is the difference between the value in a cell and the value at the limit of the constraint.
Q4) Using Solver,you specify the target cell,variable cells,and constraints on a problem.
A)True
B)False
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Chapter 11: Connecting to External Data
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Sample Questions
Q1) The item marked 2 in the accompanying figure is the column or record in a database table._________________________
A)True
B)False
Q2) Data in an XML document is contained within ____________________.
Q3) The point at which one column ends and another begins in the Text Import Wizard is called a column cease._________________________
A)True
B)False
Q4) ____ is a database program.
A) Word
B) Access
C) PowerPoint
D) Outlook
Q5) The ____ Wizard lets you preview the structure of the database and its contents.
A) Data
B) Query
C) Source
D) Database
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Chapter 12: Expanding Excel With Visual Basic for Applications
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150 Verified Questions
150 Flashcards
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Sample Questions
Q1) Comments are usually displayed by the editor in ____ font.
A) italicized
B) green
C) red
D) bold
Q2) When the Visual Basic Editor opens,it usually displays three windows: the Project Explorer window,the Project window,and the Code window._________________________
A)True
B)False
Q3) The cell reference of a range is located in the ____ property of the Range object.
A) Where
B) CellRef
C) Reference
D) Address
Q4) The item marked 1 in the accompanying figure is the property ____________________.
Q5) A(n)____________________ procedure is used when you want to create customized properties for the objects in your project.
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Chapter 13: Managing Your Files
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Sample Questions
Q1) Another term for compressed folder is ____ folder.
A) zipped
B) zapped
C) knotted
D) extracted
Q2) Each ____ in a computer contains folders that hold documents.
A) pane
B) group
C) disk
D) cluster
Q3) Which of the following cannot be used in a folder name?
A) *
B) &
C) ^
D) $
Q4) When you start Windows Explorer,it displays the contents of the default ____.
A) search expression
B) drive
C) libraries
D) favorites
Page 15
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Chapter 14: Getting Started With Microsoft Office 2010
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Sample Questions
Q1) All of the following are true of the Mini toolbar EXCEPT ____.
A) It contains commands not found on the Ribbon
B) It can be turned off in Word,Excel,and PowerPoint
C) A transparent version appears immediately after you select text
D) Its buttons differ in each program
Q2) Filenames can include a maximum of 128 characters._________________________
A)True
B)False
Q3) Migration is the ability to share information between programs.
A)True
B)False
Q4) In the figure above,the item that can be dragged is marked by box ____.
A) A
B) B
C) D
D) all of the above
Q5) When you start Word,Excel,or PowerPoint,the program opens along with ____________________ -- ready for you to begin working on a new document,workbook,or presentation.
Q6) Describe in detail the concepts of zooming and scrolling.
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