Projected Financial Analysis Is an Important Strategy-Implementation Technique Because

question 77

Multiple Choice

Projected financial analysis is an important strategy-implementation technique because

• A) it is an exact measurement of financial costs in the future.
• B) it is an exact measurement of future company profits.
• C) it allows an organization to examine the expected results of strategies being implemented.
• D) insurance needs can be computed.
• E) none of the above

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Definitions:

Confidence Level

The probability that a parameter will fall between two values for a specified proportion of times.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the true population parameter with a specified level of confidence.

Precision

The consistency of outcomes given by multiple measurements in the same conditions without any variation.

Confidence Interval

A scope of values, derived from sampling data analysis, intended to cover the value of an unknown parameter in a population.