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Joan and Alejandro are data scientists for Company XYZ. They have both been trying to solve a problem for over 6 months and now it is time for them to show their work to the CFO. Joan's model has an R square value of .8 and some well defined significant variables. She has only been able to find data from 3 years ago to model her data off and only the phrase "History will repeat itself" will justify her findings. On the other hand, Alejandro's model has a weaker R squared value of .68. He knows of Joan's score but has confidence because he is a better coder and was able to gather results from the last 10 years. Is Alejandro setting himself for failure by walking into that meeting knowing he has a weaker model by R square values than Joan?
Ethical behavior is a critical element for the success of any business and business manager.
Why did the Nokia company fail? Give solution
HND Diploma in Business - Analyse the factors that have to be considered when formulating strategic plans and Conduct environmental audit of your organisation
Plants such as leafy spurge can double their population size every year in part because of their efficient production of large amounts of seeds. Populations that can double every year, such as leafy spurge,
Suggest the most compelling managerial paradigm(s) that can be likely strategically generalized to benefit most organizations and employees in the sphere of international business.
Why does Honeywell spend so much time dealing with supply-chain management issues? Wouldn't the company be better off focusing on its own manufacturing
Consider the regulations that govern marketing to children and explore the Internet for a marketing campaign that you believe violates
What is a supply chain strategy and how does it apply to budgeting?
Can you share an example from recent news (within the last one or two years) that demonstrates either a hard power or soft power negotiating approach
Can You Cite an Example of Someone Entering a Contract Without Their Knowledge?
Name an organization that experienced a merger or acquisition. Did the merger increase profits for the new organization?
What would such a system look like? Would it be similar to the one used in your organization? How would individual and team performance assessment be conducted?
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