Under what circumstances would you use the rank biserial?

What will be an ideal response?


ANS:X = nominal variable and Y= ordinal variable

Business

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There is increasing litigation between states over water allocation

Indicate whether the statement is true or false

Business

Porter Corporation makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year. The following budget data are available: Variable CostPer Yute SoldMonthly FixedCostSales commissions$5.90   Shipping$5.30   Advertising$8.90$32,000 Executive salaries  $178,000 Depreciation on office equipment  $7,000 Other$0.60$20,000 All of these expenses (except depreciation) are paid in cash in the month they are incurred. If the company has budgeted to sell 14,000 Yutes in November, then the total budgeted selling and administrative expenses for November would be: (Round your intermediate calculations to 2 decimal places.)

A. $237,000 B. $289,800 C. $519,800 D. $526,800

Business

The individual ethics of a company's ________ are especially important in shaping the organizational code of ethics.

A. stockholders B. employees C. customers D. founders E. community

Business

Each physical record is addressed by its ________

A) relative record number (RRN) B) sequential record number (SRN) C) transaction record number (TRN) D) ultimate record number (URN)

Business