Answer:
The major faults of measurement are:
- Coverage
- Measurement
- Sampling and
- Response
Explanation:
During business research, the data collected during the survey can become very unusable due to errors arising from the factors listed above.
The problem of coverage arises when for instance an electronic survey is used to collect data from a sample population where 69% for instance, do not have access to a mobile phone or a computer.
Measurement problems during a survey speak to the ability to properly design a questionnaire in such a way that it elicits the right kinds of responses. This means asking the right questions so that the responses or answers are accurate. The irony of measurement error is that one's survey is useless if they got the questionnaire design wrong, regardless of whether or not the response rate was very high.
After administering a survey and there is little or no response, one is said to have an error in response rate. A low response rate increases the error margin of the survey as well as it's unreliability.
Sampling errors are said to occur when the sample size is too small or statistically homogenous such that it does not accurately represent the entire population. When this happens it is termed <em>sample frame error.</em>
Another error can occur when the researcher includes the wrong population or excludes the right population. This is called <em>Error in Population Specification. </em>
Cheers
Answer:
c) A government insurance program that will pay back account holders if the bank or lending institution fails
Explanation:
The FDIC is an acronym for Federal Deposit Insurance Corporation. It was founded by Franklin Roosevelt on the 16th of June, 1933.
FDIC is a government insurance program that will pay back account holders if the bank or lending institution fails.
The income generated from the premium payments of insured banks is used to fund or finance the FDIC.
Jay and Jim does not only take a chance that a bigger
problem may occur, since they foresee that there is a risk if they permit an
illegal worker to drive a truck and has an accident on the job but they are
also indirectly setting the ethics code for their firm.
Answer:
all of the above
Explanation:
<u>Decision support systems</u> is a computer system that uses information systems. <em>The main objective</em> of this program is to assist in organizational decision making. To be enabled for this function, the system operates using a large amount of data, which converts information and compiles the most relevant information to provide existing alternatives that assist the effective decision making process.
Answer:
b. 0.77
Explanation:
The formula to compute the loan to value ratio is shown below:
= Loan amount ÷ Purchase price
= $1,000,000 ÷ $1,300,000
= 0.77
It shows a relationship between the loan amount and the purchase price so that the accurate ratio can come
All other information that is given is not relevant as it is related to the debt yield ratio. Hence, ignored it
