The size of the sample on which a correlation is based has no role in achieving statistical significance.

Answer the following statement true (T) or false (F)


False

Although it is generally true that bigger correlations are better, the size of the sample on which the correlation is based plays a large role as well.

Business

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The data-mining application that identifies which prospective clients should be included in a mailing or email list to obtain the highest response rate is known as _____.

A. trend analysis B. customer churn C. consumer clustering D. direct marketing

Business

If only common stock is outstanding, total stockholders' equity divided by the number of shares of common stock outstanding is called the

a. par or stated value per share. b. call value per share. c. book value per share. d. market value per share.

Business

The following income statement was prepared by Case Company for Year 2:Sales$ 100,000Cost of goods sold56,500Gross margin43,500Selling and administrative expense26,000Interest expense5,000Total expenses31,000Income before taxes12,500Income tax expense4,000Net income$ 8,500Required:Perform vertical analysis for Case Company's Year 2 income statement.

What will be an ideal response?

Business

Under tailored postponement, a firm produces the amount that is very likely to sell using

A) the lower cost production method with postponement and produces the portion of demand that is uncertain using postponement. B) the lower cost production method without postponement and produces the portion of demand that is uncertain using postponement. C) the higher cost production method with postponement and produces the portion of demand that is uncertain using postponement. D) the higher cost production method without postponement and produces the portion of demand that is uncertain using postponement.

Business