Describe how fuzzy logic works. Provide an example to illustrate
Fuzzy logic works based on the degree of membership in a set (a collection of objects). For example, heights of 4 feet, 5 feet, and 6 feet could constitute a set of heights for a population. Fuzzy sets have values between 0 and 1, indicating the degree to which an element has membership in the set. At 0, the element has no membership; at 1, it has full membership.
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The utility of any given test generally increases as the selection ratio gets higher.
Answer the following statement true (T) or false (F)
Sarah, a customer of a bank, transfers $10,000 from her checking account to her money-market deposit account. Which of the following changes will be reflected in Sarah's bank's balance sheet?
A. Reserves decrease by $10,000. B. Transactions deposits increase by $10,000. C. Nontransactions deposits decrease by $10,000. D. Borrowings increase by $10,000.
According to SAB 108, what approach is used when assessing uncorrected misstatements?
a. Matrix approach. b. Dual approach. c. Percentage approach. d. Judgmental approach.
If your assets increase from one year to the next, so must your net worth by an equal amount
Indicate whether the statement is true or false.