Answer the following statement(s) true (T) or false (F)
1. A code sheet is used to explain the meaning of variables in a dataset.
2. Conducting analyses when statistical assumptions are violated can invalidate the results of the analysis.
3. A statistician’s personal biases can lead to misinterpretation of results.
4. An independent-samples t-test could also be conducted by converting the IV into “1”s and “0”s and conducting a regression analysis.
5. The eight-step hypothesis testing process used in this book is an example of an exploratory approach to data analysis.
1.true
2.true
3.true
4.true
5.false
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Which of the following partners of a limited partnership invest capital but do not participate in management?
A) specific partners B) limited partners C) general partners D) sole proprietors
Which capital budgeting method is most useful for evaluating a project that has an initial after-tax cost of $5,000,000 and is expected to provide after-tax operating cash flows of $1,800,000 in year 1, ($2,900,000 ) in year 2, $2,700,000 in year 3,
and $2,300,000 in year 4? A) net present value B) internal rate of return C) payback D) accounting rate of return
Which of the following serves as a pre-condition that must be met in order for a project kick-off meeting to be successful?
a. An atmosphere of trust and relationship building should be set by all. b. Project performance results should be calculated and made available to team members. c. Compensation packages and benefits plans should be shared with all team members. d. The meeting location should always be off-site
Dan is the owner of VHS Video's Inc VHS rents videos for overnight use and also sells videos from stock. In accounting for VHS transactions, Dan I. May use either the cash or the accrual method. II. Must use the cash method to account for video rentals. III. Must use the accrual method for video sales and purchases. IV. May elect to use the accrual method for all sales and rental revenues and
the cash method for purchases of videos and all other business expenses. a. Only statement I is correct. b. Only statement II is correct. c. Only statement III is correct. d. Only statements II and III are correct. e. Only statement IV is correct.