The Pearson product moment correlation measures the linear relationship between two metric-scaled variables
Indicate whether the statement is true or false
TRUE
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The price-earnings ratio is calculated by dividing:
A. Dividends per share by earnings per share. B. Market value per share by earnings per share. C. Market value per share by dividends per share. D. Dividends per share by market value per share. E. Earnings per share by market value per share.
Internet sites, physical stores, and kiosks are most closely associated with which element of the marketing mix?
A. price B. promotion C. place D. product E. proximity
Mr. Cartledge places his estate in a trust while he is alive, and he names a local bank as the trustee to administer the trust and invest its assets
The trust designates his wife as the income beneficiary of his estate and stipulates that their children Brendan and Margaret will receive the assets of the trust after his wife's death. Brendan and Margaret are the ________ in this scenario. A) collateral heirs B) income beneficiaries C) remainder beneficiaries D) settlors
The Vermont Company has requested a performance report that reports both sales activity variances and flexible budget variances. The following table of information is provided: Static Budget Flexible Budget Actual Results?Number of units10,000 F/U 12,000 F/U 12,000?Sales$430,000 $516,000 $526,000 ?Less variable costs: ?Materials 102,200 122,640 124,640 ?Labor 86,000 103,200 105,200 ?Overhead 51,600 61,920 57,920 ?Selling and administrative 34,400 41,280 39,280 ?Contribution margin$155,800 $186,960 $198,960 ?Less fixed
costs: ?Manufacturing 36,000 36,000 34,000 ?Selling and administrative 74,000 74,000 76,000 ?Net income$45,800 $76,960 $88,960 ?? Required:(1) Compute and enter the variances and label the variances as favorable (F) or unfavorable (U).(2) Which variances are sales volume variance and which variances are flexible budget variances?(3) Comment on this company's performance. What will be an ideal response?