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Quiz 1

This document contains a quiz with 9 multiple choice questions about Excel concepts, relational databases, and data analysis tools. The questions cover topics such as core Excel concepts, using cell references instead of hard-coding, relationships in relational databases, features that allow combining data from multiple tables into a pivot table, and tools for scenario analysis, sensitivity analysis, and simulations.

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doan nguyen
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0% found this document useful (0 votes)
1K views8 pages

Quiz 1

This document contains a quiz with 9 multiple choice questions about Excel concepts, relational databases, and data analysis tools. The questions cover topics such as core Excel concepts, using cell references instead of hard-coding, relationships in relational databases, features that allow combining data from multiple tables into a pivot table, and tools for scenario analysis, sensitivity analysis, and simulations.

Uploaded by

doan nguyen
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Quiz 1

Which of the following is NOT a core concept for effectively using Excel?

1 point
Adaptability
Traceablility
Consistency
Complexity
2.
Question 2
Which of the following is the BEST guiding principle to avoid too much hard-coding?

1 point
Create a storyboard
Use shortcuts
Use cell references
Do a thorough review
3.
Question 3
A database has both data and relationships.

1 point
False
True
4.
Question 4
Which of the following statements DOES NOT apply to Relational databases?

1 point
Relational databases require modification of existing applications when new data is added
Relational databases might be used to automate tasks and improve decision making
Relational databases are structured to recognize relationships among stored items of information
Relational databases have data stored in different data sets
5.
Question 5
In the relational database language, a column is synonymous with:

1 point
An attribute
A row
A table
A relation
6.
Question 6
Imagine you have an Excel file that contains 5 separate data tables. What Excel features will allow
you to create a Pivot Table that includes data from all 5 of the separate data tables?

1 point
COMM Add-in
Data filters
PowerPivot
Power View
7.
Question 7
In Week 1, student exercise 1, you were asked to identify the relationships between datasets. For
the products field in your table, what dataset did the Product Code link to?

1 point

Product code links to Transactions table

Product Code links to Products table


Product code links to State table
Product code links to Category table
8.
Question 8
In Week 1, student exercise 2 what is the least grossing product across sales channels?

1 point
High Dress Tie
High Dress Shirt
Basic Dress Sock
Basic Dress Tie
9.
Question 9
In week 1, student exercise 3 which sales channel has the lowest revenue?

1 point
Direct sales
Online
Retail

Quiz 2
Your client has been experimenting with calculating the NPV of a project based on different
combinations of related inputs. They want to be able to quickly toggle through the various
combinations for quick reference and review. Which of the following tools will facilitate this analysis?

1 point
Simulation analysis
Scenario analysis
Sensitivity analysis
Goal analysis
2.
Question 2
Your client wants to know what the Net Present Value (NPV) would be of a particular capital project
as interest rates move from 1% to 15%. What would be the most appropriate approach?

1 point
Simulation analysis
Goal analysis
Sensitivity analysis
Scenario analysis
3.
Question 3
Your client wants to understand the profitability of a project but many of the variables are not known
and vary independently. What approach would allow the user to test the likelihood of the project
being profitable at many combinations of variables?

1 point
Scenario analysis
Sensitivity analysis
Simulation analysis
Goal analysis
4.
Question 4
You need to mathematically optimize outcomes in your model given specific constraints. What is the
best tool to use?

1 point
Simulations
Goal Seek
Solver
Data Tables
5.
Question 5
As part of your analysis you want to be able to answer “what if” questions by starting, first, with the
outcome of the analysis. What is the best tool to use?

1 point
Goal Seek
Solver
Data Tables
Simulations
6.
Question 6
In Week 2, student exercise 1, in order to use Goal Seek you will need to indicate the "changing
cell", which cell should be identified?

1 point
H27
H29
H25
7.
Question 7
In Week 2, student exercise 2, for the scenario "Low growth with margin impact", what would you
indicate as the revenue growth rate?

1 point
3.5%
25%
2.8%
30%
8.
Question 8
In Week 2, student exercise 3. We are using a one-way data table to determine the impact of
changing cost per hour. If we instead were asked to determine the impact of changing Revenue per
Purchase, what other information would we need?

1 point
We would need to know the maximum and minimum revenue per purchase
We would need to know the maximum and minimum profit per month

Quiz 3
You have a follow up meeting with your client and one of your action items is to be ready to share a
project management plan. Which of the following graphs would be appropriate to use?

1 point
A bar chart
A combination line and bar chart
A Gantt chart
A 100% stacked chart
2.
Question 2
When objects share a like shape or color, looking similar to one another, we perceive them as a
group. This concept is known as as:

1 point
Similarity
Proximity
Connection
Closure
3.
Question 3
When a space is not completely enclosed, it is possible for us to perceive the remaining space to
complete the graph. This is known as:

1 point
Proximity
Similarity
Closure
Connection
4.
Question 4
When objects are joined by a line or other means we tend to perceive them as being together. This
is known as:

1 point
Connection
Proximity
Closure
Similarity
5.
Question 5
If you have 9 points on a graph and want to delink the information so that the user sees them as 3
distinct groups of points, what would be the BEST way to use the proximity principle?

1 point
Place lines between the 3 groups
Make the three groups different colors
Separate the three groups with space
Put call out boxes by each group of points
6.
Question 6
Your manager has told you that your graph has too much "Chart Junk" and that you should edit it.
What would be BEST course of action to make your charting clearer?

1 point
Remove an element and see if the audience can still understand the message
Split the information in the graph into multiple graphs that are easier to interpret
Add an appendix to the presentation with clear explanations of data
Add call out boxes to explain data points
7.
Question 7
The chart in the image below is an example of what kind of chart?
1 point
Bar chart
Column chart
100% stacked chart
Heat map
8.
Question 8
You want to create a chart that shows the amount of revenue generated by year, along with the
percentage of growth year over year. What type of chart should you create?

1 point
Bar chart
Column chart
Combination chart
100% stacked chart
9.
Question 9
The chart in the image below is an example of what kind of chart?
1 point
Bar chart
Gantt chart
Column chart
100% stacked chart

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