A regression analysis between demand (y in 1000 units) and price (x in dollars) resulted in the following equation: y = 9 - 3x The above equation implies that if the price is increased by $1, the demand is expected to
a. increase by 6 units.
b. decrease by 3 units.
c. decrease by 6000 units.
d. decrease by 3000 units.
d
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The critical value for a one-tailed z-test, given a significance level of 0.05, would be ________
A) either -1.96 or 1.96 B) either -4.0 or 4.0 C) either -1.25 or 1.25 D) either -1.71 or 1.71 E) either -1.645 or 1.645
A company purchased a computer on July 1, 2019 for $50,000. The estimated useful life of the computer was five years, and it has no residual value. Which of the following methods should be used to best match its expense against the revenue it produces?
A) the units-of-production method B) the straight-line method C) the double-declining-balance method D) the first-in, first-out method
In rule utilitarianism, a person performs the acts that benefit the most people, regardless of personal feelings or societal constraints such as laws
Indicate whether the statement is true or false a. True b. False
A mission statement can also be described as ________.
A. the overall strategy B. simple rules C. goals D. All of these