You are given the following information about y and x.
?
Dependent Variable (y)
Independent Variable (x)
10
1
8
2
6
3
4
4
2
5
?
The least squares estimate of the intercept or b0 equals
A. 1.
B. -2.
C. 12.
D. 4.
Answer: C
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The use of point-of-sale cash register-based data in conducting a study of fast-selling merchandise illustrates _____
a. external secondary data b. internal secondary data c. an experiment d. observation
The notation M/M/S is a representation of which of the following models?
A. single-channel or single-server queueing model B. single-channel, constant service rate queueing model C. multiple-channel or multiple-server queueing model D. finite population queueing model
Briefly identify and describe the constraints that you might face if you act as an organizational decision maker.
What will be an ideal response?
Mike started a calendar-year business on September 1st of this year by paying 12 months of rent on his shop at $1,000 per month. What is the maximum amount of rent that Mike can deduct this year under each type of accounting method?
A. $12,000 under the cash method and $4,000 under the accrual method. B. $4,000 under the cash method and $4,000 under the accrual method. C. $4,000 under the cash method and $12,000 under the accrual method. D. $12,000 under the cash method and $12,000 under the accrual method. E. $4,000 under the cash method and zero under the accrual method.