Discuss the relationship between r2 and adjusted r2
What will be an ideal response?
The value of r2 can never decrease when more variables are added to the model; however, the adjusted r2 may decrease when more variables are added to the model. This occurs because the adjusted r2 takes into account the number of independent variables in the model.
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Which of the following statements is true concerning intangible assets?
a. Intangible assets have no economic substance. b. Intangible assets lack physical existence. c. Intangible assets are listed in the stockholders' equity section of the balance sheet. d. Intangible assets appear in the current assets section of the balance sheet.
Customer service is the ability of knowledgeable and capable employees to deliver products to their external and internal customers.
Answer the following statement true (T) or false (F)
Which one of the following issues need not be addressed when planning an audit sample to test control procedures?
a. Audit objective of the test. b. Minimum failure rate. c. Expected population deviation rate. d. Auditor's allowable risk of assessing control risk too low.
Tools that can help a company with its positioning strategies are:
a. conjoint analysis b. regression analysis c. multi-attribute models d. perceptual maps e. c and d