In regression analysis, which of the following is NOT a required assumption about the error term ??
a. The expected value of the error term is 0.
b. The variance of the error term is the same for all values of x.
c. The values of the error term are independent.
d. All are required assumptions about the error term.
d
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________ are charges imposed by a retailer to stock a new item.
A. Slotting allowances B. Advertising allowances C. Markdown allowances D. Chargebacks E. Additional markup dollars
If a company uses a factory overhead ledger, at the end of the month, an accountant should:
a. close the accounts in the factory overhead ledger to Work in Process. b. total the accounts in the factory overhead ledger and compare the total to the balance in the Factory Overhead control account. c. prepare a schedule of fixed costs. d. All of the above are true.
Research reported in the Harvard Business Review indicates that it is very difficult to build customer loyalty if a firm is selling only the ________ product
A) generic B) expected C) potential D) value-added E) sales
Bonds with a face amount $1,000,000, are sold at 98. The entry to record the issuance is:
A) Cash 1,000,000 Premium on Bonds Payable 20,000Bonds Payable 1,020,000 B) Cash 980,000Premium on Bonds Payable 20,000Bonds Payable 1,000,000 C) Cash 980,000Discount on Bonds Payable 20,000Bonds Payable 1,000,000 D) Cash 980,000Bonds Payable 980,000