SEM is a procedure for estimating a series of dependence relationships among a set of concepts or constructs represented by multiple measured variables and incorporated in to an integrated model

Indicate whether the statement is true or false


TRUE

Business

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The purchase returns and allowances account is debited for returns of merchandise due to defects

Indicate whether the statement is true or false

Business

Budgets provide a benchmark that motivates employees and helps managers evaluate performance

Indicate whether the statement is true or false

Business

Quotas may be set on worldwide imports or on imports from a specific country.

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

Business

Assume you are taking two courses this semester (A and B). The probability that you will pass course A is 0.835, the probability that you will pass both courses is 0.276 . The probability that you will pass at least one of the courses is 0.981

a. What is the probability that you will pass course B? b. Is the passing of the two courses independent events? Use probability information to justify your answer. c. Are the events of passing the courses mutually exclusive? Explain.

Business