The process of putting ambiguous or cumbersome data into short, easily entered digits or letters is called ________

A) coding
B) data entry
C) data capture
D) data analysis


A

Business

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All of the following are true EXCEPT:

A) Sample size is one of the major costs in a research project. B) Sample size is directly proportional to the variance of the variable. C) Estimates of the population variance are based on small pilot studies, related research and judgment of the researcher. D) The researcher should disclose to the client unexpected differences between expected and actual sample standard deviations. E) Inflating population variance estimates does not lead to inflating the sample size.

Business

Victoria is a budget analyst at Young Industries. She used the least squares regression method to separate the plant's monthly utilities cost into its fixed and variable components. The results were as follows: Y = 3,250 + .054 X X = the number of units produced R2 = .892 Based on these results, the December budget for plant utilities cost if Young Industries plans to produce 200,00 . units in

that month would be: a. $10,800 b. $14,050 c. $ 3,250 d. $10,920

Business

Relevance and reliability are two primary qualities that make accounting information useful for decision making

Indicate whether the statement is true or false

Business

________ refers to the position of one individual relative to others

A) Cognitive age B) Affluence C) Life stage D) Status E) Role

Business