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Title: Started: Submitted: Time spent: Midterm Exam March 14, 2011 1:11 PM March 14, 2011 3:40 PM 02:28:35 Total score adjusted by 0.0 Maximum possible score: 100

The break-even point is the volume that equates total revenue with total cost and profit is zero. Student Response True Score: 2/2 Value 100% Correct Answer True

2.

MT T/F Q2 Random variations component in a regression model are movements that are not predictable. Student Response True Score: 2/2 Value 100% Correct Answer True

3.

MT T/F Q3 Regression methods attempt to develop a mathematical relationship between the item being forecasted and factors that cause it to behave the way it does. Student Response True Score: 2/2 Value 100% Correct Answer True

4.

MT T/F Q4 When we are attempting to make a business decision, the decision criteria should always be to minimize cost. Student Response False Score: 2/2 Value 100% Correct Answer False

5.

MT T/F Q5 Excel does allow calculations within formulas. Student Response True Score: 2/2 Value 100% Correct Answer True

6-10 Multiple Choice Questions 6. MT MC Q1 An increase in price with everything else remaining constant Student Value Response Correct Answer Feedback

A. decreases 100% the breakeven point B. keeps the breakeven point at the same level C. does not affect the level of the breakeven point D. raises the breakeven point Score: 3/3

7.

MT MC Q2 Consider 3 forecasting methods. Method A has a MAD of 10.5; Method B has a MAD of 13.6; and method C has a MAD of 9.7. Which method should be chosen for the greatest accuracy? Student Value Response A. It depends on which value of alpha is selected. B. Method A C. Method C D. Method B Score: 3/3 100% Correct Answer Feedback

8.

MT MC Q3 A performance measure, such as MSE, on past data for a forecasting technique can not be used to determine Student Response A. input parameter...

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Jasminne Benitez
Politics 354-01
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The 1787 Constitution supplies energy by ensuring an energetic executive branch, by this Hamilton means having a president with power and influence. Hamilton defends the idea that an energetic president must have a combination of energy and safety; in this he includes unity, duration, adequate support, and powers given. Unity within the executive branch is critical and crucial for the nation. Hamilton, argues a single hand in the...

...MBA 6320 – Strategic Management
Midterm Examination
1) It is widely recognized that changes in technology and competition have diminished many of the traditional roles of location. Resources, capital, technology, and other inputs can be efficiently sourced in global markets. Firms can access immobile inputs via corporate networks. It is no longer necessary to locate near large markets to serve them. Governments are widely seen as losing their influence over competition to...

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MG-495 Midterm Exam Student's Answer Sheet
Each Multiple Choice Question is worth 3 points. Please place the letter that corresponds with your answer(a, b, c, d, or e) in the appropriate box below.
1. b
14. b
2. a
15. a
3. a
16. a
4. a
17. d
5. c
18. a
6. e
19. e
7. b
20. d
8. a
21. b
9. b
22. c
10. a
23. c
11. a
24. c
12. a
25. b
13. c
....

...
1. Compare the absolutist, relativist, and social power perspectives. Which perspective do you believe would best describe your approach to deviance? Why would you choose this approach? Which of these approaches exhibits the most respect for deviant’s choice of behavior? The absolutist perspective, dominated by religious settings, hold that deviance is universal and what is wrong in one place, is wrong everywhere. This tactic to describing deviance rests on the supposition that all human...

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ECO 550 Midterm Exam
1. A change in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the ____.
2. The level of an economic activity should be increased to the point where the ____ is zero.
3. The ____ is the ratio of ____ to the ____.
4. The standard deviation is appropriate to compare the risk between two investments only if
5. The approximate probability of a value occurring that...

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MAT 540 MIDTERM EXAM
1. Deterministic techniques assume that no uncertainty exists in model parameters.
2. A continuous random variable may assume only integer values within a given interval.
3. A joint probability is the probability that two or more events that are mutually exclusive can occur simultaneously.
4. A decision tree is a diagram consisting of circles decision nodes, square probability nodes, and branches.
5. A table of...

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MAT 540 Midterm Exam
1. Deterministic techniques assume that no uncertainty exists in model parameters.
2. A continuous random variable may assume only integer values within a given interval.
3. An inspector correctly identifies defective products 90% of the time. For the next 10 products, the probability that he makes fewer than 2 incorrect inspections is 0.736.
4. A decision tree is a diagram consisting of circles decision nodes, square...

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ECO 550 Midterm Exam
1. Economies of Scope refers to situations where per unit costs are
2. For a short-run cost function which of the following statements is (are) not true?
3. According to the theory of cost, specialization in the use of variable resources in the short-run results initially in:
4. Economies of scale exist whenever long-run average costs:
5. The existence of diseconomies of scale (size) for the firm is hypothesized to result...

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