A method for modifying variables that reduces bias prior to cluster analysis is
a. standardization.
b. weighting.
c. removing outliers.
d. randomizing.
a
RATIONALE: The conversion to z-scores makes it easier to identify outlier measurements, which can distort the Euclidean distance between observations. Standardizing (or normalizing) observations removes bias due to the difference in measurement units, and variable weighting allows the analyst to introduce appropriate bias based on the business context.
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The ____________________ is the total number of shares the corporation's charter allows a corporation to issue
Fill in the blank(s) with correct word
Every accounting transaction affects both the balance sheet and the income statement
a. True b. False Indicate whether the statement is true or false
Ron is an accountant who was contacted by Zebra Toy Company to prepare financial statements. Zebra Toy Company told Ron that it wished to present these documents to Lion Wholesalers, Inc, a large supplier of toys. If Lion is convinced that Zebra Toy
Company is financially solid, it will issue Zebra a large line of credit. After Ron prepares the financial documents, Zebra presents the information to Lion Wholesalers and also to Tiger Toy Company, another wholesaler of toys. Zebra wishes to obtain a line of credit from Tiger as well as from Lion. If Ron committed a serious error by overstating Zebra Toy Company's financial soundness and the two creditors, Lion and Tiger, are damaged as a result, can these third parties recover damages from Ron? Explain.
Global sourcing relates to:
a. multinational corporations. b. importing. c. foreign direct investment. d. international licensing agreements.