The number of dummy variables to be added to the regression equation when a categorical variable has k levels is equal to ________

A) 1/ k - 1
B) k - 1
C) k2
D) k/1


B

Business

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The process of transferring the cost of an asset to an expense account is called all of the following except

a. depletion b. allocation c. amortization d. depreciation

Business

______ developed theory X and theory Y.

a. Abraham Maslow b. Max Weber c. Douglas McGregor d. Henry Gantt

Business

Joe buys a trailer from a used-car dealership. On enquiry, the dealer tells him that the trailer is in great condition. However, three days later, the trailer breaks down

Investigation by Joe reveals that the trailer had seven previous owners and that the engine has been replaced thrice. An automobile expert tells Joe that the trailer is dangerous. Which of the following frauds would the dealer be liable for? A) fraud in the factum B) fraud in the inducement C) fraud by concealment D) misrepresentation of law

Business

Which of the following is least likely to provide a sustainable competitive advantage?

A. creating an efficient supply chain B. achieving high levels of customer satisfaction C. lowering prices D. having a well-known brand name E. using patented technology

Business