For Markov processes having the memoryless property, the prior states of the system must be considered in order to predict the future behavior of the system
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
The unemployment rate minus the natural rate of unemployment is known as the
A. nominal rate of unemployment. B. ideal unemployment rate. C. unemployment gap. D. non-accelerating inflation rate of unemployment (NAIRU).
Answer the following statements true (T) or false (F)
1. When an ethical code acts like a mirror, it confirms whether or not a behavior is acceptable. 2. Ethically transformed organizations focus primarily on complying to legal requirements. 3. How employees talk informally can inhibit ethical behavior. 4. Norms generally exert more influence over behavior than formal rules and policies. 5. A CEO should also serve as the chairperson of the company’s board of directors.
The Fisher effect describes interest rate parity; it's the law of one price applied to interest rates. Interest rates vary to take anticipated differences in inflation levels into account.
Answer the following statement true (T) or false (F)
Which of the following statements related to the uncertainty-reduction theory is incorrect?
a. The uncertainty-reduction theory involves the creation of proactive predictions about our own behavior. b. The uncertainty-reduction theory involves the creation of retroactive explanations about our beliefs and attitudes. c. Increasing uncertainty and reducing predictability will lessen anxiety when relating to someone in an unfamiliar culture. d. Interaction and observation can reduce uncertainty about other people.