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MAT 540 Week 9 DQ 2.doc
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MAT_540_Week_1-11_Complete_course_grade_100%
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  • Submitted On 07 Mar, 2017 04:58:31
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Quiz 1 • Question 1 0 out of 2 points Which of the following is incorrect with respect to the use of models in decision making? Answer Selected Answer: they are generally easy to use Correct Answer: they promote subjectivity in decision making • Question 2 2 out of 2 points The probabilities of mutually exclusive events sum to zero. Answer Selected Answer: False Correct Answer: False • Question 3 0 out of 2 points The term decision analysis refers to testing how a problem solution reacts to changes in one or more of the model parameters. Answer Selected Answer: True Correct Answer: False • Question 4 2 out of 2 points Variable costs are independent of volume and remain constant. Answer Selected Answer: False Correct Answer: False • Question 5 2 out of 2 points A frequency distribution is an organization of numerical data about the events in an experiment. Answer Selected Answer: True Correct Answer: True ...
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