Which of These Terms Refers to the Ability to Build

question 2

Multiple Choice

Which of these terms refers to the ability to build a spreadsheet and then to change it to reflect alternative planning assumptions or scenarios?

• A)Scenario planning
• B)Option analysis
• C)"What if" analysis
• D)Relative cell referencing
• E)Absolute cell referencing

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Definitions:

Time-series Data

Data points collected or recorded at successive times, often with equal intervals between them.

Cross-sectional Data

A type of data collected by observing many subjects at the same point of time or without regard to differences in time.

Synchronous Data

Data that is collected or updated at the same time across the system or in a coordinated manner.

Cross-sectional Data

Data collected from a population at a specific point in time, used to observe variations among subjects.