Critical Thinking QuestionsCase 8-1As the senior accountant for a manufacturing company, you have many years experience working with Excel and often provide help and tips on using Excel to the company's more junior accountants.
After lunch, Jim in purchasing and sales accounting gives you a call. He is working with a workbook containing budgeting worksheets and charts created by a temporary employee, who is no longer working at the company. One of the line charts includes a linear trendline that looks really strange. Jim wants to know how he can verify the precision of the trendline. You tell Jim to ____.
a.
display the R-squared value for the trendline; the closer the value is to 0, the more accurate the trendlinec.
display the R-squared value for the trendline; the closer the value is to 1, the more accurate the trendlineb.
rechart the data and add an exponential trendlined.
call the agency who provided the temporary employee and ask them to send a new temporary employee to fix the problem
What will be an ideal response?
Answer: C
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