The Efficacy of a Business Case Is Checked Using the Mnemonic

question 1

Multiple Choice

The efficacy of a business case is checked using the mnemonic RUMBA. The "M" in RUMBA stands for ________.

• A) methods
• B) materials
• C) motivation
• D) measurable
• E) manpower

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Definitions:

Probability

A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1.

Standard Deviation

A metric that assesses the extent of spread or distribution of a dataset from its average value.

Computer-Consulting

A service field that provides expert advice and solutions in the area of information technology and computer systems.

Probability Distribution

A function or rule that assigns probabilities to each value of a random variable, showing how probabilities are distributed over its possible values.