A regression analysis involved 17 independent variables and 697 observations. The critical value of t for testing the significance of each of the independent variable's coefficients will have _____
a. 696 degrees of freedom
b. 16 degrees of freedom
c. 713 degrees of freedom
d. 714 degrees of freedom
c
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Jojola Corporation is investigating buying a small used aircraft for the use of its executives. The aircraft would have a useful life of 5 years. The company uses a discount rate of 13% in its capital budgeting. The net present value of the initial investment and the annual operating cash cost is -$439,238. Management is having difficulty estimating the annual benefit of having the aircraft and estimating the salvage value of the aircraft. (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Ignoring the annual benefit, to the nearest whole dollar how large would the salvage value of the aircraft have to be to make the investment in the aircraft financially attractive?
A. $3,378,754 B. $57,101 C. $439,238 D. $808,910
When consumers go specialty shopping, they know what they want and will not accept a substitute.
Answer the following statement true (T) or false (F)
Which of the following statements is NOT true?
a. It is much more difficult to get a criminal conviction than it is to get a judgment in a civil case. b. A preponderance of the evidence (more than 50 percent) is necessary to win a civil case. c. Criminal convictions are only successful if there is overwhelming, undeniable proof that the perpetrator "intentionally" stole money or other assets. d. Civil actions are quite rare in cases of employee fraud because perpetrators have usually spent the money they stole.
Four hundred people were asked whether gun laws should be more stringent. Three hundred said "yes," and 100 said "no". The point estimate of the proportion in the population who will respond "yes" is
A. 300. B. approximately 300. C. 0.75. D. 0.25.