Mgt 3604 - Study guides, Class notes & Summaries

MGT 3604 Exam 2 Adaptive Test Prep Questions

MGT 3604 Exam 2 Adaptive Test Prep Questions

1. Which of the following symbols is used to refer to a sample statistic? A) p B) µ C) x-bar D)

MGT 3604 Exam 2 Adaptive Test Prep Questions

probability the numerical measure of the likelihood that an event will occur random experiment a process that generates well-defined outcomes probability of an event the sum of all probabilities of outcomes for the events ex. probability that a project is completed in 8-10 months --> P(8) + P(9) + P(10) complement of A the event consisting of all outcomes NOT in A union of A and B event containing all outcomes belonging to A or B or both intersection of A and B event containing the out...

Beta A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole Cash Flow A revenue or expense stream that changes a cash account over a given period. Cash inflows usually arise from one of three activities - financing, operations or investing - although this also occurs as a result of donations or gifts in the case of personal finance. Cash outflows result from expenses or investments Debt Issue A fixed corporate or governme...

What are the two approaches to problem framing? - Start with the problem, then identify the data - Start with the data and identify opportunities (descriptive statistics) What are two ways of identifying outcome variables? - Which outcomes match the opportunity - Which data most meaningfully capture the opportunity