Correlation and covariance can be used to examine relationships between numerical variables as well as for categorical variables that have been coded numerically

a. True
b. False
Indicate whether the statement is true or false


False

Business

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When a partner retires from the business, the partner's interest may be purchased by one or more of the remaining partners or by an outside party

a. True b. False Indicate whether the statement is true or false

Business

The normal balance of a capital account is a debit

Indicate whether the statement is true or false

Business

Sales that contain provisions of services and goods in the same transaction are not covered by Article 2 of the UCC

Indicate whether the statement is true or false

Business

A(n) ________ strategy is most likely to be used when a product is regarded as a generic good and therefore does not have to be sold based on name brand or support service.

A. quality imperative B. political imperative C. economic imperative D. administrative coordination

Business