When clustering only by dummy variables that represent categorical variables, the simplest measure of similarity between two observations is called the

A. matching coefficient.
B. Jaccard's coefficient.
C. Euclidean distance.
D. antecedent.


Answer: A

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The Chisholm Company purchased a machine on November 1 . 2005, for $148,000 . At the time of acquisition, the machine was estimated to have a useful life of ten years and an estimated salvage value of $4,000 . Chisholm has recorded monthly depreciation using the straight-line method. On July 1 . 2014, the machine was sold for $13,000 . What should be the loss recognized from the sale of the

machine? a. $4,000 b. $5,000 c. $10,200 d. $13,000

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A local electronics firm wants to determine their average daily sales (in dollars.) A sample of the sales for 64 days revealed an average sales of $160,000. Assume that the standard deviation of the population is known to be $16,000. ? a.Provide a 95% confidence interval estimate for the true average daily sales.b.Provide a 98% confidence interval estimate for the true average daily sales.

What will be an ideal response?

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The YTD% shown in Wall Street Journal stock quotes stands for the stock's dividend yield and is

calculated by dividing the amount of the dividend by the stock's opening price on the first day of the year. Indicate whether the statement is true or false

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The spot exchange rate is 1.57 dollars per pound. The 30-day forward exchange rate is .6211

pounds per dollar. The percent-per-year discount on the 30-day pound is A) 32.77%. B) 45.93%. C) 30.57%. D) 48.00%.

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