18. Result is gamble refers to uncertainty in decision making. (True/ False)
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- Q.1.1.10 If we transform data into more meaningful measures, then this process is referred to as: (2) (1) Statistical modelling (2) Data enrichment (3) Data relevancy (4) Experimentation Q.1.1.11 Categorical data, where the categories have implied ranking, is referred to as: (2) (1) Discrete data (2) Ordinal-scaled data (3) Nominal-scaled data (4) External data Q.1.1.12 You are the CEO of a listed company. The annual financial statements published by your company would be viewed by a rival company as: (2) (1) Internal data (2) External data (3) Nominal data (4) Secondary data Q.1.1.13 Data quality is influenced by: (2) (1) The source of the data (2) The method by which the data is collected (3) The type of data collected (4) All of the other options Q.1.1.14 Data relevancy refers to the fact that data selected for analysis must be: (2) (1) Obtained online (2) Obtained using algorithms (3) Checked for errors and outliers (4) Problem specific 23; 24…23 Generally speaking, which of the following accurately describes the condo market? A O In a rising market, condos typically rise in value faster than single-family homes. B In a rising market, condos typically rise more slowly in value than single-family homes. Condo prices tend to rise at times when single-family house prices are dropping. In a falling market, condos typically drop in value more slowly than single-family homes.Q1. Brooke is a 32-year-old, single investment banker who lives in an apartment in a large city. After a particularly long and difficult workday, she relaxed in her apartment by reading through one business magazine and two fashion magazines. When questioned by a researcher the next day, she could clearly recall two holiday ads and vaguely remembered one ad for a personal computer from among the nearly 80 ads she had seen in the three magazines. However, she could recount in detail the articles that she had read and even recalled the titles of articles she had not read. How can you explain this?
- What happens when an employee records a fictitious refund of goods at his cash register? Question 1Answer a. The victim company’s inventory is understated. b. A disbursement from the register is unrecorded. c. The victim company’s inventory is overstated, and a disbursement from the register is recorded. d. The victim company’s inventory is unreported, and a disbursement from the register is overstated7. The three main factors that will be present in committing fraud that can be found in a fraud triangle are ___________, _________________ and ______________ Question 7 options: a) Opportunity, Falsification and Justification b) Incentive, Performance and Usage c) Falsification, Incentive and Recalculation d) Incentive, Opportunity and Justification18. Question 18 options: ………………. is a tool used by companies for the purpose of expanding their operations often aiming at an increase of their long term profitability.
- Equine Science Interpreting Scatterplots and Regression Equations 180+ 170- 160 150+ 140 130 120- 110 200 300 400 500 600 700 800 Age in Days An Equine Scientist was interested in horse height (measured to the horse wither in cm) as a young horse aged from 200 to 800 days. She collected the data in the graph above from records on horses she had worked with in the past (shown by the blue dots) and fit a linear regression equation (shown by the red line). According the regression equation, as the age of the horse increases in days. the wither height in cm Select an answer v The age of the horse in days and the wither height in cm are Select an answer The slope of the regression equation is approximately 0.044. interpret the slope by completing the sentence below. As the Select an answer v increases by 1, the Select an answer V increases by The regression equation approximates the wither height by the following formula. Let d = age in days Let W = wither height in cm W = 0.044 -d +…$ To the Internal Revenue Service (IRS), the reasonableness of total itemized deductions depends on the taxpayer's adjusted gross income. Large deductions, which include charity and medical deductions, are more reasonable for taxpayers with large adjusted gross incomes. If a taxpayer claims larger than average itemized deductions for a given level of income, the chances of an IRS audit are increased. Data (in thousands of dollars) on adjusted gross income and the average or reasonable amount of itemized deductions follow. Adjusted Gross Income Itemized Deductions ($1,000s) 22 ($1,000s) 9.6 27 9.6 32 10.1 48 11.1 65 11.5 85 19.7 120 25.5 (a) Develop a scatter diagram for these data with adjusted gross income as the independent variable. 30- 25 20 15 Itemized Deductions ($1,000s) 10 5- 0 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) thousand Itemized Deductions ($1,000s) 30 25 20 15 10 · . 5 0 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) Itemized Deductions ($1,000s)…where are question(b) and question(c)