Which statement is not true about cluster analysis?
A) Cluster analysis is a technique for analyzing data when the criterion or dependent variable is categorical and the independent variables are interval in nature.
B) Cluster analysis is also called classification analysis or numerical taxonomy.
C) Groups or clusters are suggested by the data, not defined a priori.
D) Objects in each cluster tend to be similar to each other and dissimilar to objects in the other clusters.
A
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Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials$33,000Indirect materials included in manufacturing overhead$4,000Direct labor cost$58,000Manufacturing overhead applied to Work in Process$78,000Underapplied overhead$5,000 BeginningEndingRaw materials inventory$10,000$15,000Work in process inventory$56,000$72,000Finished goods inventory$41,000$49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?
A. $144,000 B. $164,000 C. $160,000 D. $216,000
An example of water pollution from a nonpoint source would be runoff from local streets
a. True b. False Indicate whether the statement is true or false
A trustee is the person who writes a will.
Answer the following statement true (T) or false (F)
Which one of the following statements is correct?
A) The lower the level of a firm's debt, the higher the firm's leverage. B) The lower the level of a firm's debt, the lower the firm's equity multiplier. C) The lower the level of a firm's debt, the higher the firm's equity multiplier. D) The tax benefit from using debt financing reduces a firm's risk.