A project manager is using a simple scoring model to decide which of four projects is best, given the company's limited resources. The criteria, importance weights, and scores for each are shown in the table
Which project should be chosen?
Project Criteria Importance Weight Score
1 1 3
Greenlight 2 2 2
3 3 1
1 1 2
Runway 2 2 1
3 3 3
1 1 1
X 2 2 2
3 3 2
1 1 2
Ilevomit 2 2 2
3 3 2
A) Project Greenlight
B) Project Runway
C) Project X
D) Project Ilevomit
B
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A waiting-line system that meets the assumptions of M/M/1 has ? = 1, ? = 4. For this system, Po is ________ and utilization is ________
A) 0.75; 0.25 B) 0.80; .20 C) -3; -4 D) 3; 4 E) none of the above
Which of the following statements is (are) true with respect to catastrophe bonds? I. The bonds are issued by the U.S. Government. II. The bonds have relatively high interest (coupon) rates
A) I only B) II only C) both I and II D) neither I nor II
A Heights Inc. bonds have a coupon rate of 7%, a yield to maturity of 10%, a face value of $1,000,
and mature in 10 years. Which of the following statements is MOST correct? A) An investor who purchases the bond today will earn a return of 10% if he sells the bond after one year. B) An investor who purchases the bond today will earn a return of 10% per year if he holds the bond until it matures. C) An investor who purchases the bond today will earn a return of 7% if he sells the bond after one year. D) An investor who purchases the bond today will earn a return of 17% per year if he holds the bond until it matures.
If you wanted to compute the correlation between two nominal-level variables, which type of correlation should you use?
a.Point biserial b.Phi c.Spearman rank d.Pearson