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Exam (elaborations)

BUS 312 STUDY GUIDE MIDTERM 1 QUESTIONS WITH COMPLETE ANSWERS

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BUS 312 STUDY GUIDE MIDTERM 1 QUESTIONS WITH COMPLETE ANSWERS











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Uploaded on
July 26, 2025
Number of pages
18
Written in
2024/2025
Type
Exam (elaborations)
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Questions & answers

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predicts future values based on past values of the same variable (predictive)


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Time series analysis




a descriptive analysis technique that calculates and displays the dollar and
percentage change in financial statement line items from one period to the next.

,(Measures trends, what is happening over time) new#-old#/old#


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Horizontal Analysis




a subset of a population representative


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Sample




average of squared deviation from the mean


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variance




a group with something in common


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Population




measures calculated only using a sample

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inferential statistics




as the evaluation the outcomes based on uncertainty regarding the inputs


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sensitivity analysis




is a prescriptive analytics technique that evaluates future cash flow for potential
investment or potential expenditures


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Cash flow analysis




proposed explanation made on the basis of limited evidence as a starting point for
further investigation


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Hypothesis




If p-value < alpha

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