Which of the following is a constraint on a bank’s lending activity?
A) Bank deposits
B) Willing borrowers
C) Government regulation
D) All of the above are true.
Answer: B) Willing borrowers
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If fixed costs are $561,000 and the unit contribution margin is $8.00, what is the break-even point in units if variable costs are decreased by $.50 a unit?
A) 66,000 B) 70,125 C) 74,800 D) 60,000
Like open-ended questions, closed questions require the interviewee to give answers that fall within a predictable range
Indicate whether the statement is true or false
K-means clustering is the process of:
a. agglomerating observations into a series of nested groups based on a measure of similarity. b. organizing observations into one of a number of groups based on a measure of similarity. c. reducing the number of variables to consider in a data-mining approach. d. estimating the value of a continuous outcome variable.
Explain why Normalization is important for database design
What will be an ideal response?