Briefly describe Cox's four functions of IS
What will be an ideal response?
1. Run operations ? running computers and networks
2. Develop systems ? developing and maintaining systems, designing new systems, and updating existing ones
3. Develop architecture ? setting a strategy and maintaining architecture for both IT and information, providing a framework or standard for systems operations
4. Identify business requirements ? helping articulate what the business needs from IT
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McClary Tires plans to save $20,000, $25,000, $27,500, and $30,000 at the end of each year for Years 1 to 4, respectively. If it earns 3.3 percent on its savings, how much will the firm have saved at the end of Year 4?
a. 107,525,40 b. 108,392.69 c. 111,860.57 d. 107,130.78 e. 110,426.41
Given a mean of 4.5 and a standard deviation of 12 from a sample of variables, what is the equivalent draw from a standard normal distribution for 6.0?
A) 0.065 B) 0.075 C) 0.095 D) 0.125