The Term "Ethics" Refers to

question 271

Multiple Choice

The term "ethics" refers to

• A) standards or moral values regarding what is right and wrong.
• B) avoiding doing things that, if everyone did it, we would have a real mess.
• C) believing what's right for one person is wrong for another.
• D) conflicts of interest that develop between two co-workers.
• E) bad behaviour by top managers in a company.

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Definitions:

Time-series Data

A sequence of data points collected or recorded at time-ordered intervals, often used for forecasting or statistical analysis.

Random Variations

Unpredictable fluctuations that affect data or processes, not attributable to any known cause.

Exponentially Smoothed Forecast

A method of forecasting that gives more weight to recent data points, using exponential smoothing to produce a smoothed time series.

Forecast Error

The difference between the actual value and the predicted value in a forecast, indicating the accuracy of the forecasting process.