The Financial Analyst for a Mining Company Is Asked to Estimate

question 44

Multiple Choice

The financial analyst for a mining company is asked to estimate the return on investment for a new business opportunity.She informs the CEO that she thinks that ethical issues require consideration because the company's behaviour will be judged on the basis of environmental impact.Ethical judgments,she suggests,should be made applying which level of ethical assessment?

• A)Level one
• B)Level two-value judgment
• C)Level two-moral standards
• D)Level three
• E)Level four

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Definitions:

Chebyshev's Theorem

A statistical theorem which states that for any real number greater than one, a certain proportion of values in any data set will be close to the mean, based on the number of standard deviations specified.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from their mean.

Midrange

The arithmetic average of the maximum and minimum values in a data set.

Variance

A measure of the dispersion or spread of a set of data points, indicating how much they differ from the mean.