Sam Is Going to Use a Program That Predicts the Possibility

question 41

Multiple Choice

Sam is going to use a program that predicts the possibility of a certain outcome based on prior occurrences of related events to predict if a car is most likely to run a red light. He decides to use ________.

• A) Nielson's Law
• B) a random number generator
• C) machine learning
• D) Naïve Bayes Classifier

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Definitions:

Activity Cost Pools

Groupings of individual costs based on the activities that drive them, used in activity-based costing to allocate costs more accurately.

Batch Set-Up

The process of preparing equipment and systems for manufacturing a particular batch of products, involving calibration, cleaning, and test runs.

Activity-based Costing

An accounting method that assigns costs to products or services based on the activities they require, aiming for more accurate cost information.

Activity-based Costing

A costing methodology that assigns overhead and indirect costs to specific activities, helping to more accurately determine the cost of products or services.