Answer the following statement(s) true (T) or false (F)
1. H1: p = 0 is a valid alternative hypothesis for testing the statistical significance of a correlation.
2. Correlation can be tested for statistical significance by converting it to a t-statistic and testing it against a t-distribution with (n – 1) degrees of freedom.
3. If r(8) = 1.2, p > .05, there must have been a sample size of 10.
4. If r = .6, 36% of the variance in each variable is explained by the other.
5. A regression line can be used to predict values outside the range of the original predictor.
1.false
2.false
3.true
4.true
5.false
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In nontechnical writing, writers often write out numbers less than ____________
a. 1,000 b. 500 c. 10 d. 100
An employee might work four 10-hour days each week and then enjoy a three-day weekend, or work 80 hours in nine days with an extra day off every other week. This is an example of
a. Flextime b. Compressed workweek c. Job sharing d. Telecommuting
A business realizes that it cannot pay its creditors and seeks relief under the Bankruptcy and Insolvency Act. Which of the following is TRUE?
A) Its only option is to make a voluntary assignment in bankruptcy. B) Its only option is to wait until petitioned into bankruptcy by its creditors. C) It can make a proposal under the Bankruptcy and Insolvency Act and creditors will automatically be prevented from suing for a certain period of time. D) It can only wait for a receiving order to be issued E) None of the above.
Abel Company provided the following information from its financial records: Net income$255,000? Common shares outstanding 1/1 350,000? Common stock dividends$21,000? Common shares outstanding 12/31 410,000? Preferred stock dividends$25,500? Preferred shares outstanding 1/1 21,000? Sales$910,000? Preferred shares outstanding 12/31 17,000? What is the amount of the company's earnings per share?
A. $0.67 B. $0.60 C. $0.74 D. $28.02