In a short essay, discuss the characteristics of bivariate regression
What will be an ideal response?
Bivariate regression is a procedure for deriving a mathematical relationship, in the form of an equation, between a single metric dependent or criterion variable and a single metric independent or predictor variable. The analysis is similar in many ways to determining the simple correlation between two variables. However, since an equation has to be derived, one variable must be identified as the dependent and the other as the independent variable.
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While it may not be logical to claim certain spaces, ______ suggests that it is typical.
Fill in the blank(s) with the appropriate word(s).
Net realizable value of accounts receivable is the amount the business has collected
Indicate whether the statement is true or false
Jacobs Company issued bonds with a $300,000 face value on January 1, Year 1. The bonds were issued at 102 and carried a 5-year term to maturity. They had a 9% stated rate of interest that was payable in cash on December 31st of each year. Jacobs uses the straight-line method to amortize bond discounts and premiums. Based on this information alone, how does the recognition of interest expense during Year 1 affect the company's accounting equation?
A. Increase liabilities by $1,200, decrease assets by $25,800, and decrease equity by $27,000 B. Decrease both assets and stockholders' equity by $2,700 C. Decrease equity by $25,800, decrease liabilities by $1,200, and decrease assets by $27,000 D. Decrease both assets and stockholders' equity by $25,800
Louis and Karen Moroz can no longer make the payments on their home. They owe $280,000 on their mortgage and their home was appraised at $195,000. The Morozes decide to just walk away from their home. What are the implications of their decision?
A)?The mortgagee has no right of collection from them B)?Walking away does not affect their credit rating C)?They may take any fixtures with them that they have installed D)?None of the above