To answer a question such as "At what time of day does our company sell the most products?" you would use ________ data mining
A) query-driven
B) customer profiling
C) model-driven
D) behavioral
A
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Which of the following is a disadvantage of audit services (Table 4.3 in the text)?
A) interviewer errors; respondent errors B) data is lacking in terms of content, quantity, and quality C) data may not be representative; quality of data limited D) coverage may be incomplete; matching of data on the competitive activity may be difficult
Which of the following is not a primary goal of a cost management system?
a. use cost drivers to develop product costs b. improve understanding of activities c. develop organizational strategies d. measure performance
About how many people are waiting in line at the machine on average?
The soda machine outside the lecture hall sees a steady stream of customers throughout the day. The machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed and students generally know what they want from the machine - the average feeding of the machine takes two seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 500 per hour. A) 0 B) 1 C) 2 D) 3
Balon Plastics, Inc is financed entirely with 3 million shares of common stock selling for $20 a share. Capital of
$4 million is needed for this year's capital budget. Additional funds can be raised with new stock (ignore dilution) or with 13 percent 10-year bonds. The firm's tax rate is 40 percent. a. Calculate the financing plan's EBIT indifference point. b. The expected level of EBIT is $10,320,000 with a standard deviation of $2,000,000. What is the probability that EBIT will be above the indifference point? c. Does the "indifference point" calculated in question (a) above truly represent a point where stockholders are indifferent between stock and debt financing? Explain your answer.