Criticize the Following Simulation: a Student Simulates the Outcome of a Basketball

question 24

Multiple Choice

Criticize the following simulation: A student simulates the outcome of a basketball player's 3-point shot by letting 0 = missed shot and 1 = made shot.

• A)The simulation will not model the real situation.The simulation fails to account for the type of defense employed by the opposing team.
• B)The simulation should model the real situation.
• C)The simulation probably will not model the real situation.The simulation assumes that the player makes 50% of his 3-point shots,which is probably unrealistic.
• D)The simulation probably will not model the real situation.The shooter's accuracy on a given day might be affected by an injury or illness.
• E)The simulation cannot model the real situation.Shooting accuracy varies from day to day,so the real situation is inherently unpredictable.

Ability to compute turnover ratios, including accounts receivable turnover, inventory turnover, and days' sales in inventory.

Learn how to compute liquidity ratios, specifically the current ratio and acid-test (quick) ratio.

Interpret and calculate performance measures such as profit margin and return on total assets.

Understand the significance and calculation of working capital.

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Definitions:

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Data that is represented by numbers, often used in statistical, scientific, or mathematical contexts.

Postal Codes

Series of letters, digits, or both, assigned to different parts of a country to facilitate mail sorting and delivery.