What is the purpose of the Scenario Manager tool in Excel? What will be an ideal ...

What is the purpose of the Scenario Manager tool in Excel?
 
  What will be an ideal response?

Q. 2

A coefficient of skewness that indicates moderate skewness would lie between ________.
 
  A) 1 and 2
  B) 0.5 and 1
  C) 0 and 1
  D) 0.5 and -0.5

Q. 3

Balking is the process of customers switching lines if they perceive another to be moving faster.
 
  Indicate whether the statement is true or false

Q. 4

Given that a sample of size 32 and a population standard deviation of 0.3, what would be the margin of error at a 90 level of confidence?
 
  A) 0.9186
  B) 1.018
  C) 0.4452
  D) 0.09

Q. 5

An independent variable should be removed to improve the regression model if ________.
 
  A) the correlation coefficient is -1
  B) the R2 value is 1
  C) the t-statistic is lesser than 1
  D) the p-value is greater than 0.05