If the correlation between variables is .70, what percentage of the variance is shared variance?

a.70%
b.51%
c.49%
d.30%


ANS:C

Business

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Parties enter into an electronic mail contract by the use of email.

Answer the following statement true (T) or false (F)

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Coudriet Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHs). The company has two products, P93S and N40S, about which it has provided the following data:  P93SN40SDirect materials per unit$21.90 $54.80 Direct labor per unit$8.80 $13.20 Direct labor-hours per unit 0.80  1.20 Annual production (units) 35,000  15,000  The company's estimated total manufacturing overhead for the year is $2,172,580 and the company's estimated total direct labor-hours for the year is 46,000. The company is considering using a variation of activity-based costing to determine its unit product costs for external reports. Data for this proposed activity-based

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Business

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Business