Case 4-2 Jerry Has Inherited an Excel Sheet That Lists All of All

question 47

Multiple Choice

Case 4-2
Jerry has inherited an Excel sheet that lists all of the system requirements for his team's new project. But unfortunately, his predecessor did not label the requirements with categories-or in some cases failed to categorize them correctly. He needs to take care of this so the requirements can be sorted correctly.
-Jerry knows that there were supposed to be three performance examples but he finds four in the spreadsheet. Which one of these is mislabeled as a performance example?

• A) The system must automatically generate an insurance claim form.
• B) Response time must not exceed four seconds.
• C) The online inventory control system must flag all low-stock items within one hour after the quantity falls below a predetermined minimum.
• D) The records system must produce key reports within five hours of the end of each fiscal quarter.

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Definitions:

Standard Deviation

A statistical measure of the dispersion or spread of a set of data points or investment returns around their mean.

Expected Return

The predicted amount of profit or loss an investment is expected to generate over a specific time period.

Probability Distribution

A mathematical formulation that presents all potential values and their chances for a random variable within a particular range.

Real Rate of Return

The annual percentage profit earned on an investment, adjusted for changes in the price level due to inflation or deflation.