Each Systems Development Approach Has a Set of Tools That

question 17

True/False

Each systems development approach has a set of tools that work especially well for that method.

---

Definitions:

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates.

Unbiased Estimator

A statistic that accurately estimates the true parameter of a population, meaning its expected value equals the parameter being estimated.

Consistent Estimator

An attribute of an estimator indicating that, as the sample size increases, it converges in probability to the true parameter it estimates.

σ

Denotes the standard deviation in statistics, a measure of the dispersion or variability of a set of values.