The decision-making themes covered in business analytics: data analysis & decision making include which of the following?
a. decision analysis with uncertainty,
b. optimization techniques,
c. structured sensitivity analysis,
d. all of the above.

Acustomer has come to your department with an urgent question. you promised her that you would collect information about her question and answer it by noon. it will take you at least 20 minutes to gather the information needed to provide an answer. it is now 11: 50 a.m. your supervisor just scheduled a 30-minute meeting to start at noon. this meeting is for all employees in your department. you decide to:

Now, use your previously-computed value as an approximation for sigma, and compute how many ears of the experimental corn the researcher needs in the study. don't forget, the margin of error and confidence level have already been given to you in a previous problem.

Which of the following statements best explains why producers conduct market research? a. predicting what the government will do producers reduce costs. b. understanding market forces enables producers to make free choices. c. knowing what consumers want producers make more money. d. anticipating trends makes it easier to distribute goods and services.