The r2 statistic measures the proportion of variation in one variable that is explained by the other
Indicate whether the statement is true or false
TRUE
You might also like to view...
An advantage of using systems flowcharts to document information about internal control instead of using internal control questionnaires is that systems flowcharts:
A. indicate whether controls are operating effectively. B. reduce the need to observe the entity's employees performing routine tasks. C. identify whether segregation of duties prevent collusion. D. provide a visual depiction of the entity's activities.
Phil buys a laptop from Mark for $1,000. Mark knew that the laptop had hardware problems. However, he told Phil that it was in excellent condition. In this scenario, which of the following is most likely to be true?
A. Mark does not owe Phil anything because it was Phil's duty to check if Mark was lying. B. Phil can sue for the difference between purchase price and true value of the laptop with hardware problems. C. Mark can dismiss any fraud accusations because it was a case of mutual misunderstanding. D. Phil can recover 20 percent of the repair costs on the condition that he returns the laptop to Mike.
________ is an example of an output of the transformation process
A) Material B) Information C) Satisfied customers D) Intangible needs
The part of a security's risk associated with economic factors that affect all firms to some extent is also known as the _____.?
A. ?diversifiable risk B. ?unsystematic risk C. ?stand-alone risk D. ?market risk E. ?business risk