Project #87927 - Management information systems (Excel) questions

- Each answers need more than 120 words.

1. This week you discovered how to use a number of techniques to solve problems using Excel, including using trial and error, goal seeking, and Solver. Please discuss the following question:

Trial and error sometimes can be an effective problem-solving technique. When is trial and error most effective? Why? When is trial and error an ineffective problem-solving technique?  How would you decide whether or not to attempt to solve a problem using trial and error?  

 

2. Explain why Solver often is a better approach to solving complex problems than Goal Seeking or trial and error. Give examples on how it could be used.

 

3. Explain some of the advantages of using a database vs. Excel to track data.

 

4. What are some of the advantages of Data Mining?

Subject Computer
Due By (Pacific Time) 10/20/2015 11:00 pm
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