In the Monte Carlo process, values for a random variable are generated by ________ a probability distribution
A) sampling from
B) running
C) integrating
D) implementing
Answer: A
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Which of the following does not represent a problem with financial analysis?
a. Financial statement analysis is an art; it requires judgment decisions on the part of the analyst. b. Financial analysis can be used to detect apparent liquidity problems. c. There are as many ratios for financial analysis as there are pairs of figures. d. Some industry ratio formulas vary from source to source. e. Adequate detailed disclosure of how the industry ratios are computed is often lacking.
Using the following information, compute the standard unit cost of a 20 pound bag of dog food: Direct materials quantity standard 20 pounds per unit Direct materials price standard $0.02 per pound Direct labor time standard 0.1 hour per unit Direct labor rate standard $11.60 per hour Variable overhead rate standard $2.50 per machine hour Fixed overhead rate standard $1.50 per machine hour Machine
hour standard 0.25 hours per unit a. $2.56 b. $2.22 c. $2.16 d. $2.81
What is “grit” and why is it important in recruiting?
What will be an ideal response?
Explain the levels of communication with an example each