If you wanted to compute the correlation between one nominal-level variable and one interval-level variable, which type of correlation should you use?

a.Point biserial
b.Phi
c.Spearman rank
d.Pearson


ANS:A

Business

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The percentage-of-sales method leads to a budget set by market opportunities rather than by the availability of funds

Indicate whether the statement is true or false

Business

Which of the following is not added to net income as an adjustment to reconcile net income to cash from operating activities on the statement of cash flows?

a. Increase in an accrued liability b. Amortization of discount on bond payable c. Loss on sale of operational asset d. Increase in deferred tax asset e. None of these answers is correct.

Business

A(n) ________ is a computing system modelled after the human brain that is used to predict values and make classifications.

A. data warehouse B. artificial intelligence C. expert system D. neural network E. online analytical processing (OLAP) cube

Business

The ________ department is typically responsible for developing an organization's corporate social responsibility program.

Fill in the blank(s) with the appropriate word(s).

Business