If it is known that a simple linear regression model explains 56 percent of the variation in the dependent variable and that the slope on the regression equation is negative,
then we also know that the correlation between x and y is approximately -0.75.
Indicate whether the statement is true or false
TRUE
You might also like to view...
The term applied to the amount of cost to transfer to expense resulting from a decline in the utility of intangibleassets is
a. allocation b. depreciation c. amortization d. depletion
Suppose you own a mutual fund which has 11,326,555 shares outstanding. If its total assets are $70,111,050 and its liabilities are $12,444,100, find the net asset value of the fund.
A. $5.09 B. $5.13 C. $5.36 D. $5.98
Securitization delays the receipt of cash from sales made on credit
Indicate whether the statement is true or false
Kirsten just bought a car that had a one-year warranty stating that it covered the cost of parts, but not labor. It also stated that the warranty only covered the powertrain, and no other part. What kind of warranty did Kirsten's car have?
A) full warranty B) limited warranty C) disclaimer warranty D) implied warranty of fitness for a particular purpose