Deterministic techniques assume that no uncertain exists in model parameters. A: True
An inspector correctly identifies 90% of the time. For the next 10 products, the probability that he makes fewer than 2 incorrect inspections is .736. A: Use Binomial table to discover , add 3 probabilities for 0,1,2 A continuous random variable may assume only integer values within a given interval. A: False
A decision tree is a diagram consisting of circles decision nodes, square probability nodes and branches. A: False
A table of random numbers must be normally distributed and efficiently generated A: False
Simulation results will always equal analytical results if 30 trials of the simulation have been conducted. A: False
Data cannot exhibit both trend and cyclical patterns.
A: False
The Delphi method develops a consensus forecast about what will occur in the future. A: True
A company markets education software products and is ready to place three new products on the market, past experience has shown that for this particular software. The chance of success is 80%. Assume that the probability of succeed is independent for each product, what is the probability that exactly 1 of the 3 products is successful. A: binomial answer use table
_ is a measure of dispersion of random variable values about the expected value. A: Standard Deviation
The _ is the expected value of the regret for each decision. A: expected opportunity loss
A seed value is a
A: number used to start a stream of random numbers
Pseudonrandom numbers exhibit _ in order to be considered truly random. A: uniform distribution
Random numbers generated by a _ process instead of a _process are psudorandom numbers. A: mathematical/physical
200 imulations runs were completed using the probability of a machine breakdown from the table below . the average number of breakdowns from the simulation trials was 1.93 with a standard deviation of .20. A: .71
Which of the following possible values of alpha...
...Santoro, A. (2004). “Manipulatives: A HandsOn Approach to Math.” Principal, 84 (2), (2828).
This article speaks about the importance and significance of the use of manipulatives in the classroom, specifically in the subject of math. Manipulatives have proven to be valuable when used in a math class and are even more valuable to the children when they are young, and are learning new math concepts. Students are able to physically...
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ANALYSIS
Physics has a lot of topics to cover. In the previous experiments, we discussed Forces, Kinematics, and Motions. In this experiment, the focus is all about Friction. Friction is the force resisting the relative motion of solid surfaces, fluid layers, and material elements sliding against each other. There are several types of friction like fluid friction which describes the friction between layers of a viscous fluid that are moving relative to each other; dry friction which...
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The case between Beauty and Stylish involves concept of a valid contract, precontractual statements, express term and misrepresentation.
A valid contract is established between Beauty and Stylish when an offer is accepted and there is intention for both parties to create legal relations. An offer refers to the expression of willingness of the offerer to be contractually bound by an agreement if his or her offer is properly accepted. It has to be clear and certain in terms. It must also...
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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...
...DUNDALK INSTITUTE OF TECHNOLOGY 




Bachelor of Science in Computing in Applications & Support  Semester 3 
Bachelor of Science in Computing in Networking & Support  Semester 3 
Bachelor of Science in Computing in Software Development  Semester 3 


Data Analysis for Computing 

Christmas 2010 










Dr. Fiona Lawless 






Answer any FOUR questions 
All...
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ECO 550 Midterm Exam
1. Which of the following will increase (V0), the shareholder wealth maximization model of the firm: V0∙(shares outstanding) = Σ∞t=1 (π t ) / (1+ke)t + Real Option Value
2. The flatscreen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers?
3. Income tax payments are an example of ____.
4. Various...
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ECO 550 Midterm Exam
1. Which of the following will increase (V0), the shareholder wealth maximization model of the firm: V0∙(shares outstanding) = Σ∞t=1 (π t ) / (1+ke)t + Real Option
2. Shirking of one’s duties is often encountered in team production settings because
3. The Saturn Corporation (once a division of GM) was permanently closed in 2009. What went wrong with Saturn?
4. Possible goals of NotForProfit (NFP) enterprises include all of the...