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NEW QUESTION: 1

A. Option D
B. Option B
C. Option A
D. Option C
Answer: C

NEW QUESTION: 2
Which of the following statements is (are) true with respect to the relation between a statistical decision and an economic decision?
I). Both methods of analysis should lead to the same conclusion.
II). Once the null hypothesis has been accepted using statistical methods, the analyst should not override that conclusion.
III When both a statistical analysis and an economic analysis support the same conclusion it would be very imprudent to reject
III). When both a statistical analysis and an economic analysis support the same conclusion, it would be very imprudent to reject that conclusion.
IV). If both methods of analysis lead to different conclusions, the proper course of action would be to run the statistical analysis again using a different confidence interval.
A. III.
B. I and II.
C. III and IV.
Answer: A
Explanation:
I is incorrect because statistical methods do not involve the same degree of judgment as does economic decision making.
II is not true because sometimes, even if the null hypothesis has been accepted, it may not make sense on an economic basis, in which case, the analyst would be correct in ignoring the statistical analysis.
IV would not be acceptable since changing the confidence intervals after the fact would be an exercise in bias.

NEW QUESTION: 3
What design pattern does the Drivermanager.getconnection () method characterize?
A. Singleton
B. Factory
C. composition
D. DAO
Answer: B
Explanation:
DriverManager has a factory method getConnection() that returns a Connection
object.
Note 1:A factory method is a method that creates and returns new objects.
The factory pattern (also known as the factory method pattern) is a creational design pattern. A
factory is a Java class that is used to encapsulate object creation code. A factory class instantiates
and returns a particular type of object based on data passed to the factory. The different types of
objects that are returned from a factory typically are subclasses of a common parent class.
Note 2:
The method DriverManager.getConnection establishes a database connection. This method
requires a database URL, which varies depending on your DBMS. The following are some
examples of database URLs: MySQL, Java DB.


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