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- List and briefly explain the activities involved in the verification of an ER model.Classify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and chaos:a. A hurricane on the U.S. East Coast floods a regional warehouse destroying alarge amount of stockIf a credit manager reviewing a potential customer’s request for a $20,000 line of credit, what would he/she analyze? Generally, how would the 5Cs of Credit guide his/ her analysis and help lead to a prudent decision to accept or reject the request?
- Using the information above, identify the independent variable and its important characteristics, including the scale of measurement, needed to accurately design your study.Classify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and chaos:d. A cool summer causes a decrease in demand for air conditioners for that seasonExplain the concept of predictive maintenance and how it is applied in various industries.