In a regression analysis, the standard error of the estimate is determined to be 4. In this situation, the MSE

A. is 2.
B. is 16.
C. depends on the sample size.
D. requires a known SSE.


Answer: B

Business

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Alvarez Company's break-even point in units is 1,000. The sales price per unit is $10 and variable cost per unit is $7. If the company sells 2,500 units, what will net income be?

A. $35,000 B. $3,000 C. $4,500 D. $7,500 E. $17,000

Business

Section 8(a)1. of the National Labor Relations Act prohibits ________

A) employers from interfering with employees' Section 7 right of free choice B) employer-dominated unions and may, therefore, request that the union file a petition for certification C) picketing for recognition when another union has been certified D) discrimination against employees because of their union activity

Business

On a fixed rate mortgage,

A) the contract rate and the monthly interest payment remain constant over the term of the loan. B) the contract rate and the monthly mortgage payment remain constant over the term of the loan. C) the contract rate and the monthly repayment of principal remain constant over the term of the loan. D) the contract rate, the monthly mortgage payment, the monthly interest payment, and the repayment of principal remain constant over the term of the loan.

Business

What are the effects on the accounting equation from the adjustment for depreciation?

A. Total assets will increase and total stockholders' equity will increase. B. Total assets will decrease and total stockholders' equity will increase. C. Total assets will increase and total stockholders' equity will decrease. D. Total assets will decrease and total stockholders' equity will decrease.

Business