BUS406 course | Campusflava https://campusflava.com Tutors, Past Questions and Projects. Sat, 05 Mar 2022 15:48:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.3 https://i0.wp.com/campusflava.com/wp-content/uploads/2023/01/cropped-CF.png?fit=32%2C32&ssl=1 BUS406 course | Campusflava https://campusflava.com 32 32 123014824 BUS406 Solutions https://campusflava.com/blog/bus406-solutions/ https://campusflava.com/blog/bus406-solutions/#respond Tue, 21 Dec 2021 15:47:34 +0000 https://campusflava.com/blog/bus406-solutions/ BUS406 Tma Solutions 1. Using the information that follows, determine the optimal solution using the Hurwicz Criterion. Maximums: N500, N700, N400. Minimums: -75, -60, -50. N 175 —>> N 320 N342 N177 2. The particular preference structure of the decision maker is known as _______ —>> Value System Alternative Evaluation Criteria Choice 3. Which of […]

The post BUS406 Solutions first appeared on Campusflava.]]> BUS406 Tma Solutions

1. Using the information that follows, determine the optimal solution using the Hurwicz Criterion. Maximums: N500, N700, N400. Minimums: -75, -60, -50.

N 175

—>> N 320

N342

N177

2. The particular preference structure of the decision maker is known as _______

—>> Value System

Alternative

Evaluation Criteria

Choice

3. Which of the following is a compromise between the maximax (optimistic) and maximin (Pessimistic) decision criteria.

Bayes’ Criterion

Savage Criterion

Maximin Criterion

—>> Hurwicz Criterion

4. The following are payoffs on maximum column, N25,000, N39,000, N49,000, N25,001. Determine the Optimum solution using the maximax criterion.

N25,000.

N39,000.

—>> N49,000.

N25,001.

5. Which of the following can also be referred to as criterion of Pessimism?

Bayes’ Criterion

Savage Criterion

—>> Maximin Criterion

Hurwicz Criterion

6. A decision condition where the decision maker only has sufficient information to allow him assign probabilities to the various states of nature is known as _______

Decision under condition of Certainty

—>> Decision under condition of Risk

Decision under condition of Uncertainty

Decision under Volatile condition.

7. _____ is a pictorial method of showing a sequence of inter-related decisions and outcomes.

—>> A Decision Tree

A Gant Chart

A Venn Diagram

A Graph

8. Which of the following represents the correct formula for determining optimum solution using the criterion of realism?

CRi = a (Min in Rowi) + (1 – a) (Min in Rowi)

CRi = a (Max in Rowi) + (a-1) (Min in Rowi)

CRi = a (Max in Rowi) + (a-1) (Max in Rowi)

—>> CRi = a (Max in Rowi) + (1 – a) (Min in Rowi)

9. The following represent a list of possible benefits of the decision tree. Identify the odd one out.

They assist in the clarification of complex decisions making situations that involve risk.

Decision trees help in the quantification of situations.

Better basis for rational decision making are provided by decision trees.

—>> It becomes cumbersome to use/draw when decision options/states of nature are many.

10. Which of the following is a criterion for making decision under the situation of risk?

Laplace Criterion

—>> Expected Value of Perfect Information (EVPI)

Maximin Criterion

Game theory

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The post BUS406 Solutions first appeared on Campusflava.]]> https://campusflava.com/blog/bus406-solutions/feed/ 0 69582 The major advantages of a self administered questionnaire are …..except https://campusflava.com/blog/the-major-advantages-of-a-self-administered-questionnaire-are-except/ https://campusflava.com/blog/the-major-advantages-of-a-self-administered-questionnaire-are-except/#respond Sun, 19 Dec 2021 07:03:56 +0000 https://campusflava.com/blog/the-major-advantages-of-a-self-administered-questionnaire-are-except/ The major advantages of a self administered questionnaire are …..except Good for busy respondents —>> Answered by the researcher Convinient for researcher Does not require interviews

The post The major advantages of a self administered questionnaire are …..except first appeared on Campusflava.]]> The major advantages of a self administered questionnaire are …..except

Good for busy respondents

—>> Answered by the researcher

Convinient for researcher

Does not require interviews

The post The major advantages of a self administered questionnaire are …..except first appeared on Campusflava.]]> https://campusflava.com/blog/the-major-advantages-of-a-self-administered-questionnaire-are-except/feed/ 0 69541 The quantity, duration and intensity of rainfall regulate _____ life https://campusflava.com/blog/the-quantity-duration-and-intensity-of-rainfall-regulate-_____-life/ https://campusflava.com/blog/the-quantity-duration-and-intensity-of-rainfall-regulate-_____-life/#respond Sat, 18 Dec 2021 12:44:01 +0000 https://campusflava.com/blog/the-quantity-duration-and-intensity-of-rainfall-regulate-_____-life/ The quantity, duration and intensity of rainfall regulate _____ life —>> plant microogranisms animal None of the above

The post The quantity, duration and intensity of rainfall regulate _____ life first appeared on Campusflava.]]> The quantity, duration and intensity of rainfall regulate _____ life

—>> plant

microogranisms

animal

None of the above

The post The quantity, duration and intensity of rainfall regulate _____ life first appeared on Campusflava.]]> https://campusflava.com/blog/the-quantity-duration-and-intensity-of-rainfall-regulate-_____-life/feed/ 0 69533 The sample size cannot be determined in advance is a/an ____ of adaptive sampling https://campusflava.com/blog/the-sample-size-cannot-be-determined-in-advance-is-a-an-____-of-adaptive-sampling/ https://campusflava.com/blog/the-sample-size-cannot-be-determined-in-advance-is-a-an-____-of-adaptive-sampling/#respond Sat, 18 Dec 2021 12:43:53 +0000 https://campusflava.com/blog/the-sample-size-cannot-be-determined-in-advance-is-a-an-____-of-adaptive-sampling/ The sample size cannot be determined in advance is a/an ____ of adaptive sampling advantage merit —>> disadvantage All of the above

The post The sample size cannot be determined in advance is a/an ____ of adaptive sampling first appeared on Campusflava.]]> The sample size cannot be determined in advance is a/an ____ of adaptive sampling

advantage

merit

—>> disadvantage

All of the above

The post The sample size cannot be determined in advance is a/an ____ of adaptive sampling first appeared on Campusflava.]]> https://campusflava.com/blog/the-sample-size-cannot-be-determined-in-advance-is-a-an-____-of-adaptive-sampling/feed/ 0 69532 _____ provides an overview of the complete set of genetic instructions provided by the DNA https://campusflava.com/blog/_____-provides-an-overview-of-the-complete-set-of-genetic-instructions-provided-by-the-dna/ https://campusflava.com/blog/_____-provides-an-overview-of-the-complete-set-of-genetic-instructions-provided-by-the-dna/#respond Sat, 18 Dec 2021 12:43:43 +0000 https://campusflava.com/blog/_____-provides-an-overview-of-the-complete-set-of-genetic-instructions-provided-by-the-dna/ _____ provides an overview of the complete set of genetic instructions provided by the DNA Transcriptomics —>> Genomics Proteomics Metabolomics

The post _____ provides an overview of the complete set of genetic instructions provided by the DNA first appeared on Campusflava.]]> _____ provides an overview of the complete set of genetic instructions provided by the DNA

Transcriptomics

—>> Genomics

Proteomics

Metabolomics

The post _____ provides an overview of the complete set of genetic instructions provided by the DNA first appeared on Campusflava.]]> https://campusflava.com/blog/_____-provides-an-overview-of-the-complete-set-of-genetic-instructions-provided-by-the-dna/feed/ 0 69531 Genomics and proteomics have provided extensive information regarding the https://campusflava.com/blog/genomics-and-proteomics-have-provided-extensive-information-regarding-the/ https://campusflava.com/blog/genomics-and-proteomics-have-provided-extensive-information-regarding-the/#respond Sat, 18 Dec 2021 12:43:35 +0000 https://campusflava.com/blog/genomics-and-proteomics-have-provided-extensive-information-regarding-the/ Genomics and proteomics have provided extensive information regarding the —>> genotype phenotype chronic diseases acute diseases

The post Genomics and proteomics have provided extensive information regarding the first appeared on Campusflava.]]> Genomics and proteomics have provided extensive information regarding the

—>> genotype

phenotype

chronic diseases

acute diseases

The post Genomics and proteomics have provided extensive information regarding the first appeared on Campusflava.]]> https://campusflava.com/blog/genomics-and-proteomics-have-provided-extensive-information-regarding-the/feed/ 0 69530 ____ studies dynamic protein products and their interactions https://campusflava.com/blog/____-studies-dynamic-protein-products-and-their-interactions/ https://campusflava.com/blog/____-studies-dynamic-protein-products-and-their-interactions/#respond Sat, 18 Dec 2021 12:43:28 +0000 https://campusflava.com/blog/____-studies-dynamic-protein-products-and-their-interactions/ ______ studies dynamic protein products and their interactions Transcriptomics Genomics —>> Proteomics Metabolomics Virus-free. www.avg.com

The post ____ studies dynamic protein products and their interactions first appeared on Campusflava.]]> ______ studies dynamic protein products and their interactions

Transcriptomics

Genomics

—>> Proteomics

Metabolomics

Virus-free. www.avg.com
The post ____ studies dynamic protein products and their interactions first appeared on Campusflava.]]> https://campusflava.com/blog/____-studies-dynamic-protein-products-and-their-interactions/feed/ 0 69529 ____ looks into gene expression patterns https://campusflava.com/blog/____-looks-into-gene-expression-patterns/ https://campusflava.com/blog/____-looks-into-gene-expression-patterns/#respond Sat, 18 Dec 2021 12:43:20 +0000 https://campusflava.com/blog/____-looks-into-gene-expression-patterns/ ____ looks into gene expression patterns —>> Transcriptomics Genomics Proteomics Metabolomics

The post ____ looks into gene expression patterns first appeared on Campusflava.]]> ____ looks into gene expression patterns

—>> Transcriptomics

Genomics

Proteomics

Metabolomics

The post ____ looks into gene expression patterns first appeared on Campusflava.]]> https://campusflava.com/blog/____-looks-into-gene-expression-patterns/feed/ 0 69528 Identify the factor that does not affects food choices https://campusflava.com/blog/identify-the-factor-that-does-not-affects-food-choices/ https://campusflava.com/blog/identify-the-factor-that-does-not-affects-food-choices/#respond Sat, 18 Dec 2021 12:43:14 +0000 https://campusflava.com/blog/identify-the-factor-that-does-not-affects-food-choices/ Identify the factor that does not affects food choices family influence advertisement religion —>> skin colour

The post Identify the factor that does not affects food choices first appeared on Campusflava.]]> Identify the factor that does not affects food choices

family influence

advertisement

religion

—>> skin colour

The post Identify the factor that does not affects food choices first appeared on Campusflava.]]> https://campusflava.com/blog/identify-the-factor-that-does-not-affects-food-choices/feed/ 0 69527 The end product of fat digestion does not include ____ https://campusflava.com/blog/the-end-product-of-fat-digestion-does-not-include-____/ https://campusflava.com/blog/the-end-product-of-fat-digestion-does-not-include-____/#respond Sat, 18 Dec 2021 12:43:02 +0000 https://campusflava.com/blog/the-end-product-of-fat-digestion-does-not-include-____/ The end product of fat digestion does not include ____ fatty acid glycerol glyceride —>> glycogen

The post The end product of fat digestion does not include ____ first appeared on Campusflava.]]> The end product of fat digestion does not include ____

fatty acid

glycerol

glyceride

—>> glycogen

The post The end product of fat digestion does not include ____ first appeared on Campusflava.]]> https://campusflava.com/blog/the-end-product-of-fat-digestion-does-not-include-____/feed/ 0 69526