What are the intercept and the slope computed on the basis of in regression analysis?
A) parsimony
B) the least squares' criterion
C) the most squares' criterion
D) the size of the coefficients
E) none of the above; the intercept and slope are not computed in regression analysis
B
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Which of the following is a common error that MOST hinders the accurate interpretation of data?
a. Interpretation of results from a large sampling b. Tabulation of a questionnaire with many items c. Assumption of a cause-effect relationship when one does not exist d. Application of statistical analysis
Which of the following principal factors helps increase shareholder value?
A. Profitability B. Risk factors C. Low brand awareness D. Government regulations E. High production costs
Which of the following is true of centralized companies?
A. In centralized companies, a manager cannot supervise more than five people. B. They have higher employee morale than decentralized companies. C. In centralized companies, a small number of people at the top have the power to make decisions. D. They respond more quickly to customer needs than decentralized companies.
Bois Corporation has provided its contribution format income statement for January. Sales$426,400Variable expenses 260,000Contribution margin 166,400Fixed expenses 120,900Net operating income$45,500 If the company's sales increase by 7%, its net operating income should increase by about:
A. 11% B. 66% C. 26% D. 7%