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NEW QUESTION: 1
A marketing manager is trying to decide which of four potential selling prices to charge for a new product. The state of the economy is uncertain and may show signs of recession, growth or boom. The manager has prepared a regret matrix showing the regret for each of the possible outcomes depending on the decision made.
If the manager applies the minimax regret criterion to make decisions, which selling price would be chosen?
A. $50
B. $40
C. $55
D. $45
Answer: D
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-5/
NEW QUESTION: 2
_________ are future economic benefits controlled by an entity.
A. None of these
B. Assets
C. Stocks
D. Equity
Answer: B
NEW QUESTION: 3
An administrator is deploying Spark on Amazon EMR for two distinct use cases: machine learning algorithms and ad hoc querying. All data will be stored in Amazon S3. Two separate clusters for each use case will be deployed. The data volumes on Amazon S3 are less than 10 GB.
How should the administrator align instance types with the cluster's purpose?
A. Machine Learning on T instance types and ad-hoc queries on M instance types
B. Machine Learning on R instance types and ad-hoc queries on G2 instance types
C. Machine Learning on D instance types and ad-hoc queries on I instance types
D. Machine Learning on C instance types and ad-hoc queries on R instance types
Answer: C
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