The ______ is the proportion of variation explained by regression.
A. standard error of the estimate
B. total sum of squares (SST)
C. correlation coefficient
D. coefficient of determination
D. coefficient of determination
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When attempting to startle or shock your audience as an attention-getting technique, you should ask yourself all of the following EXCEPT
a. will audience members perceive it as relevant to the topic? b. will it ignite their emotions so they believe what I say? c. will they follow it without difficulty? d. will it ignite their interest?
When a firm’s inventory falls to a predetermined level, a new order is placed to replenish inventory. This predetermined level is known as ______.
a. the reorder point b. the replenishment point c. the stock-out point d. the safety stock point
Ace Inc. is evaluating two mutually exclusive projects-Project A and Project B. The initial investment for each project is $50,000. Project A will generate cash inflows equal to $15,625 at the end of each of the next five years; Project B will generate only one cash inflow in the amount of $99,500 at the end of the fifth year (i.e., no cash flows are generated in the first four years). The required rate of return of Ace Inc. is 10 percent. Which project should Ace Inc. purchase?
A. Neither project should be purchased, because neither has a positive net present value (NPV). B. Project B should be purchased because it has a higher net present value (NPV) than Project A. C. Project A should be purchased because it will produce cash every year for five years. D. Project A should be purchased because it has a positive net present value (NPV). E. Project A should be purchased because Project B does not generate cash flows during the first four years of its life.
Which of the following entries correctly reflects the accumulation of Manufacturing Overhead?
A. Manufacturing Overhead Cash B. Indirect Labor Manufacturing Overhead C. Manufacturing Overhead Accumulated Depreciation—Factory Equipment D. Manufacturing Overhead Materials Inventory E. A, C, and D