Market basket analysis is a useful and entertaining way to explain data mining to a technologically less savvy audience, but it has little business significance
Indicate whether the statement is true or false
FALSE
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A project manager is using a simple scoring model to decide which of four projects is best, given the company's limited resources. The criteria, importance weights, and scores for each are shown in the table
Which project should be chosen? Project Criteria Importance Weight Score 1 1 3 Greenlight 2 2 2 3 3 1 1 1 2 Runway 2 2 1 3 3 3 1 1 1 X 2 2 2 3 3 2 1 1 2 Ilevomit 2 2 2 3 3 2 A) Project Greenlight B) Project Runway C) Project X D) Project Ilevomit
Analytical procedures can be very effective in detecting inventory fraud. Which of the following analytical procedures would not be useful in detecting fraud?
A) gross margin percentage B) inventory turnover C) cost of sales percentage D) accounts receivable turnover