Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 77, 29, 2, 7, 64, and 71?





A. 8

B. 9

C. 10

D. 11


B. 9

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Dummy variables are used to respecify categorical variables

Indicate whether the statement is true or false

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Which of the following accounts probably would not appear in a trial balance but probably would appear in an adjusted trial balance?

A) Accumulated Depreciation-Equipment B) Cash C) Office Supplies Expense D) Common Stock

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The rationality assumption implies that solutions need not be in whole numbers (integers)

Indicate whether the statement is true or false

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Which of the following is the correct order in which corporations generally raise funds to enhance the wealth of stockholders and to send positive signals to the market?

A) retained earnings, equity, debt B) retained earnings, debt, equity C) debt, retained earnings, equity D) equity, retained earnings, debt

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