Which of the following statements are true?
a. A fairly recent alternative to algebraic modeling is spreadsheet modeling. Instead of relating various quantities with algebraic equations and inequalities, we relate them in a spreadsheet with cell formulas.
b. Data are usually meaningless until they are analyzed for trends, patterns, relationships, and other useful information
c. Algebraic models, by means of algebraic equations and inequalities, specify a set of relationships in a very precise way. Their main drawback is that they require an ability to work with abstract mathematical symbols.
d. When we make inferences from data and search for relationships in data, or when we use decision trees to help make decisions, we must deal with uncertainty.
e. All of these statements are true.
e
You might also like to view...
Seashell Company is considered "very liquid" for the year ended December 31, 2016 . This means that Seashell
a. has a small quick ratio. b. must decrease its liquidity in order to appear favorable to stockholders. c. should sell plant assets in order to remain in business. d. is able to pay its current debts using its current assets.
Which of the following is NOT one of the four important contributions an effectively trained company sales force can make to consumer marketing?
A) remind end-consumers about the product B) increase stock position C) build enthusiasm D) conduct missionary selling E) manage key accounts
During 2010, Heckart Corporation had sales of $250,000, net income of $25,000, average total assets of $350,000, dividend payments of $17,500, net cash flows from operating activities of $26,000, purchases of plant assets of $37,500, and sales of plant assets of $45,000 . Cash flows to assets equals (Round amounts to one decimal place)
a. 13.0 percent. b. 10.4 percent. c. 8.7 percent. d. 7.4 percent.
Which of the following conditions are included in the definition of disability under the Americans with Disabilities Act (ADA)??
A) ?Employees who use illegal drugs B) ?Infectious or contagious diseases C) ?Temporary or short-term nonchronic conditions D) ?Alcoholics who use alcohol