Tony Is Working for the CEO of a Small Company

question 11

Multiple Choice

Tony is working for the CEO of a small company. She asks him to develop a dashboard. Tony starts thinking about the questions he needs to ask. Which of the following questions is not on his list?

• A)How many levels do you wish to drill down?
• B)What are your key performance indicators?
• C)Do you need real-time data?
• D)Do you want graphs and charts or text?
• E)Should it run on your iPhone?

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Definitions:

EMV

Expected Monetary Value, a concept used in decision-making under uncertainty, representing the sum of possible outcomes weighted by their respective probabilities and monetary values.

Decision Tree

A decision tree is a graphical representation used to visualize the choices in a decision-making process, their possible outcomes, chance event results, and resource costs, aiding in analysis and planning.

Graphic Representation

A visual method of displaying information or data, such as charts, diagrams, or maps.

Equal Probability

refers to the principle that every outcome in a given sample space has the same chance of occurring.