In a linear programming formulation of a transportation model, each of the possible combinations of supply and demand locations is a(n) ________
Fill in the blank with correct word.
Answer: decision variable
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Three measures of liquidity are: working capital, the acid-test ratio, and the debt-to-equity ratio
a. True b. False Indicate whether the statement is true or false
Jane McCarthy is preparing to compute employee pay and needs to determine the amount of employee federal income taxes to be withheld. Which of the following should she consult?
What will be an ideal response?
Discuss how moral intensity, organizational culture, and ethical leadership influence behavior in accounting.
What will be an ideal response?
A researcher wants to examine how the remaining balance on $100,000 loans taken 10 to 20 years ago depends on whether the loan was a prime or subprime loan. He collected a sample of 25 prime loans and 25 subprime loans and recorded the data in the following variables:Balance = the remaining amount of loan to be paid off (in $),Time = the time elapsed from taking the loan,Prime = a dummy variable assuming 1 for prime loans, and 0 for subprime loans.The regression results obtained for the models:Model A: Balance = ?0 + ?1Prime + ?Model B: Balance = ?0 + ?1Time + ?2Prime + ?3Time × Prime + ?Model C: Balance = ?0 + ?1Prime + ?2Time × Prime + ?,are summarized in the following table.VariableModel AModel BModel CIntercept88,020 (t = 77.89)90,269
(t = 24.35)88,020 (t = 81.19)TimeN/A?148 (t = ?0.64)N/APrime?18,000 (t = ?11.26)-28,493 (t = ?5.36)?26,244 (t = ?6.66)Time × PrimeN/A662 (t = 2.03)514 (t = 2.27) SSE1,532,480,0001,369,126,0911,381,128,299R20.72540.75470.7526Adjusted R20.71980.73880.7421Note: The values of relevant test statistics are shown in parentheses below the estimated coefficients.Suppose that at the 5% significance level you do not reject the null hypothesis, H0: ?1 = ?3 = 0, when testing the joint significance of Time and Time × Prime in Model B. Should you delete both Time and Time × Prime from Model B? A. No, because Model B reduces then to Model A with a lower adjusted R2. B. No, because Model B has the highest R2. C. No, because Model B reduces than to Model A with lower R2. D. Yes, because Model B reduces than to Model C with higher adjusted R2.