The range of values in which we can be confident that the true regression coefficient lies within a given degree of probability is called a:
A) prediction interval.
B) confidence interval.
C) logistic regression.
D) none of the above.
B
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Cash equivalents are:
A) assets that do not attract interest, and hence generate no additional revenue. B) a part of a bank's liability. C) the amount of deposits held by the public in a particular bank. D) riskless, liquid assets that banks can immediately access.
The instructor of your wine tasting class trips and falls while discussing the merits of spitting out the wine samples after you have tasted them instead of swallowing them, so as not to get inebriated during the class
You are afraid that he might have hurt himself in the fall, but since no one else in the class is rushing up to help him, you mistakenly believe that the rest of the class thinks the instructor is trying to prove a point about drinking too much in the class. You therefore doubt your own judgement and decide to also not get up to help the instructor back to his feet. This is an example of A) diffusion of responsibility. B) pluralistic ignorance. C) mob mentality. D) passing the buck.
When there is excess supply of a product in a market,
a. price will tend to rise. b. price must be above the equilibrium price. c. producers will expand output and sales will rise. d. price must be below the equilibrium price.
An efficiency wage
a. gives an employee an incentive to shirk his duties. b. is lower than the equilibrium wage for that position and region. c. is higher than the equilibrium wage for that position and region. d. both a and b are correct.