What are the salient performance statistics for the simple regression model that predicts the level of Pounds by the number of the month the company is in (with January = 1)? Provide an interpretation
What will be an ideal response?
Answer: The coefficient of determination is 0.31, meaning that knowledge of the month can determine about 31% of the variation in the Pounds variable. The correlation coefficient between the two variables is -0.55, so as the month number increases, the level of Pounds decreases.
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a. Outstanding checks b. A check written for $96 entered as $69 in the accounting records c. Interest paid by the bank d. Deposits in transit
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Indicate whether the statement is true or false
When the market rate of interest was 12%, Halprin Corporation issued $1,000,000, 11%, 10-year bonds that pay interest annually. The selling price of this bond issue was
A) $ 321,970 B) $1,000,000 C) $ 943,494 D) $621,524
Regardless of the selection methods used, it is essential that the selection procedure be
A. lengthy and thorough. B. quick and efficient. C. reliable and valid. D. a positive experience for applicants.