When the mean value of the dependent variable is independent of variation in the independent variable, the slope of the regression line is

a. positive. b. zero.
c. negative. d. infinite.


b
RATIONALE: When the mean value of the dependent variable is independent of the variation in the independent variable, the slope of the regression line is zero.

Business

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How can a video component improve live phone conversations?

A) Distractions are minimized B) Visual aids can be utilized C) Nonverbal communication can be observed D) Professionalism is more obvious E) More people can participate in the conversation

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Under the direct write-off method of accounting for uncollectible accounts, Bad Debts Expense is debited

A) at the end of each accounting period. B) when a credit sale is past due. C) whenever a pre-determined amount of credit sales have been made. D) when an account is determined to be worthless.

Business

On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What is the journal entry to record the first annual payment?

A. Debit Cash $250,000; debit Interest Expense $37,258; credit Notes Payable $287,258. B. Debit Interest Expense $20,000; credit Cash $20,000. C. Debit Interest Expense $20,000; debit Interest Payable $17,258; credit Cash $37,258. D. Debit Interest Expense $37,258; credit Cash $37,258. E. Debit Interest Expense $20,000; debit Notes Payable $17,258; credit Cash $37,258.

Business

How has the shift toward market-oriented economies in many nations affected international trade? How did the United Nations assist international trade?

What will be an ideal response?

Business