The model y = ?0 + ?1x1 + ?2x2 + is used whenever the statistician believes that, on average, y is linearly related to:

a. x1 and the predictor variables do not interact.
b. x2 and the predictor variables do not interact.
c. both a and b.
d. None of these choices.


C

Business

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Nielsen ratings are used to establish cost rates for television advertisements

Indicate whether the statement is true or false

Business

On December 31 of the current year, Plunkett Company reported an ending inventory balance of $211,500. The following additional information is also available:? Plunkett sold and shipped goods costing $37,300 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $211,500. ? Plunkett purchased goods costing $43,300 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $211,500. ? Plunkett's ending inventory balance of $211,500 included $14,300 of goods being held on consignment from Carole

Company. (Plunkett Company is the consignee.) ? Plunkett's ending inventory balance of $211,500 did not include goods costing $94,300 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end. Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is: A. $205,500 B. $197,200 C. $191,200 D. $168,200 E. $153,900

Business

Discussing the surprisingly high percentage of cancers caused by secondhand smoke would most likely be an example of which attention-getting technique?

a. Startling or shocking the audience b. Using an interesting quote from a relevant source c. Using humor to gain the audience’s attention d. Using a story to arouse emotion

Business

The Wheeler Company payroll for the week ended November 8 is $80,000 with 15 percent withheld for employee income taxes and 8 percent for FICA taxes. The total amount of taxes to be remitted by the employer for this payroll, ignoring unemployment insurance taxes, would be:

a. $18,400 b. $12,000 c. $12,800 d. $24,800

Business