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Below is a classification matrix for 3 categories Low, Medium and High: Predicted Class Low
Medium High
Actual Class
Low 12 9 4
Medium 9 12 4
High 6 0 2
Suppose our original categorization changes such that everything categorized as Medium is also now categorized as High (i.e. Medium and High are just one group called High).
Calculate the new misclassification error for Low and High categories. What is the advantage of this new categorization? (Hint: compare with misclassification error for previous categorization)
Calculate the entropy of the source.- Let X represent the outcome of a single roll of a fair die. What is the entropy of X?
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The form of economics most relevant to managerial decision-making within the firm is:
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The U.S. Treasury bill is yielding 4 % and the market risk premium is 8 %. Jack's tax rate is 35 %. What is Jack's weighted average cost of capital?
In Excel, carry out an ANOVA to determine whether there is evidence to support the claim that the mean price per acre for vineyard land
Organizational Transformation (OT), the work of facilitating fundamental change in organizations is often approached in two contrasting ways:
Explain the determining factors of the interest rate and make sure to include hypothetical examples for better clarity.
Discuss briefly some relevant background information about that company and its industry in regards to its external environment.
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