The Open Science Framework has developed different badges to recognize ethical and transparent practices. Which badge indicates that the researchers have made their raw data available to others wishing to conduct their own analyses of these data? a. Open materials b. Open statistics c. Open data d. Open access
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The Open Science Framework has developed different badges to recognize ethical and transparent practices. Which badge indicates that the researchers have made their raw data available to others wishing to conduct their own analyses of these data?
a. Open materials
b. Open statistics
c. Open data
d. Open access
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- A plant manager wants to know how much he should be willing to pay for perfect market research. Currently there are two states of nature facing his decision to expand or do nothing. Under favorable market conditions, the manager would make $100,000 for the large plant and $5,000 for the small plant. Under unfavorable market conditions, the large plant would lose $50,000 and the small plant would make $0. If the two states of nature are equally likely, how much should he pay for perfect information? a. $0 b. $50,000 c. $100,000 d. $25,000An important step in getting data ready for analysis is cleaning the data. List and briefly discuss 3 different possible problems with the data. Give an example of each. Please explain iN few lines ASAPAccess to different levels of an information system should first be established through a user's a.Authorization b.Definition c.Identification d.Status 2.Predicting the future of the organization and its environment and matching thecharacteristics of the organization to the environment is associated with which decision-making level? a.Knowledge b.Operational c.Strategic d.Tactic 3.An analytics dashboard report for the next meeting was saved in Microsoft Excel 2013.However, the secretary has Microsoft Excel 2010 on her computer system. The only Excelversion that can easily open this analytics dashboard report is a.2003 b.2007 c.2010 d.201 3.A manager urgently requested information on a customer's payment status. The followinginformation was received: Customer First Name: Jonathan Customer Last Name:? Amount Due:? Amount Paid: $1,500.00 Last Payment Date: July 15, 2016 Date of Request: September 22, 2016 Date Returned: December 6, 2016 4.Which characteristics of information…
- Which of the following statements are correct? [Select multiple answers] Income gap ratio (IGR) is the total income needed to eliminate poverty relative to the available resources. Poverty gap ratio (PGR) is the total income needed to eliminate poverty divided by the total income in the economy. Total poverty gap (TPG) provides a comprehensive picture of poverty including the severity of poverty since it tells us the total money that is needed to bring everyone to the poverty line. The Foster-Greer-Thorbecke (FGT) measures with values of alpha = {0,1,2} provide a comprehensive picture of poverty.WHich of the following statements about customer value metrics is correct? A)Customer Equity (CE) is an indicator of how much the firm is worth at a particular point in time as a result of the firm's customer management efforts. B) Life-Time Value (LTV) is a forward-looking measure with consideration of the time value of money, allowing for short-term decision making. C) Past Customer Value (PCV) is a useful method because it considers whether a customer is going to be active in the future.Diamond mining is the act of digging into large amounts of unrefined ore to discover precious gems or nuggets. Similarly, data mining is the act of digging into large amounts of raw data to discover unique nontrivial useful patterns. Data is cleaned up, and then special tools and techniques can be applied to search for patterns. Diving into clean and nicely organized data from the right perspectives can increase the chances of making the right discoveries. A skilled diamond miner knows what a diamond looks like. Similarly, a skilled data miner should know what kinds of patterns to look for. The patterns are essentially about what hangs together and what is separate. Therefore, knowing the business domain well is very important. It takes knowledge and skill to discover the patterns. It is like finding a needle in a haystack. Sometimes the pattern may be hiding in plain sight. At other times, it may take a lot of work, and looking far and wide, to find surprising useful patterns. Thus,…
- Which of the following best describes a complexity surrounding the Medicaid program? Group of answer choices A)When the Medicaid program only covers the poor, and not those considered near-poor, it can contribute to the poverty trap. B)The federal government might not administer the program equitably, in terms of benefits and determining eligibility. C)Medicaid eligibility requires that welfare recipients work and limits the length of time they can receive Medicaid assistance. D)Out of total Medicaid spending, over half of the funds go to children, rather than those with higher medical needs, such as seniors, the blind, and the disabled.Why is it good practice to standardize business practices? SELECT ALL THAT APPLY A) Policies can be enforced B) Results are more consistent C) Risks from errors can be reducedWhich of the following statements is true regarding the sensitivity analysis approach to investment appraisal? It involves changing many factors at the same time It provides an indication of the likelihood of changes in the key factors It provides managers with clear guidance concerning the investment decision It is commonly called ‘how-now’ analysis None of the above are true
- Is formal training in statistics required to make use of BI tools? Why are we doing this?Historical data is a great way to predict future volume. You can also look at the rate at which your insurance companies reimburse your claims. When doing so you would look at the severity of the issues that brought the patient to the office and disseminate which ones were for flu. What do you do for the outlier data year-over-year? Meaning what if you had a severe flu season last year but in previous years, flu season wasn't so severe. How will your account for a that volume?Overhead Costs Billable Hours 395000 2000 440000 3000 460000 4000 513000 5000 580000 6000 605000 7000 Develop a simple linear regression model between billable hours and overhead costs. Overhead Costsequals=enter your response hereplus+left parenthesis nothing right parenthesisenter your response heretimes×Billable Hours (Round the constant to one decimal place as needed. Round the coefficient to four decimal places as needed. Do not include the $ symbol in your answers.)