Professional Ethics – Learning to use polite use of coercion (force) is the key to becoming an ethical professional because people with whom you deal won’t know they are being exploited. In other words, it’s okay to exploit people if you are nice to them.

For simple exponential smoothing with small smoothing constant α, which of the following statements are correct?

Describe two ethical concerns in relation to healthcare and AI? You description should state the concern and fully explain why it is a concern.

Given the following data, calculate the one-month ahead forecast using simple exponential smoothing with α=0.1 (i.e., ES(0.1)) for the month 4 is __________. (Please maintain two decimal places if your answer contains more than two decimals.)

Explain your choice in question 5 above in just a few words.

The following table shows actual sales and two forecasts for the past 2 periods. Compare the forecast errors between Forecast 1 and Forecast 2, which forecast has a larger variance?

If a 10% decrease in the price of a product causes the quantity demanded to rise by 20%, the demand is

An increase in price causes an increase in total revenue when demand is​

Which of the following defines marginal utility?

Demand is said to be inelastic when