Simple linear regression requires that the scales of measurement be expressed in either:

a. nominal or ordinal.
b. ordinal or ratio.
c. interval or ratio.
d. nominal or ratio.
e. nominal or interval.


C

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A "manufacturing cell" is defined as:

A) grouping of all the machinery and equipment that are needed to make a product being available in one area of the factory. B) restructuring of the factory so that the companies are able to manufacture products quickly. C) an area in the warehouse where similar raw materials are grouped together. D) grouping of all the factories that are engaged in manufacturing similar products.

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Grisham Inc wishes to have an after-tax profit of $400,000. If Grisham's tax rate is 35%, what is their before-tax profit?

A) $615,385 B) $540,000 C) $1,142,857 D) $660,000

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Raedy Corporation reported the following equity section on its current balance sheet

The common stock is currently selling for $20.25 per share. Common Stock, $5 par, 337,000 shares authorized, 157,000 shares issued and outstanding $785,000 Paid-In Capital in Excess of Par-Common 140,000 Retained Earnings 301,000 Total Stockholders' Equity $1,226,000 After a 2-for-1 stock split, what is the number of issued shares? A) 280,000 B) 314,000 C) 297,000 D) 140,000

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Pads & Pods Corporation requires all distributors of its products to sell the products at specified minimum prices. This resale price maintenance agreement is A) a per se violation of antitrust law

B) a legal restraint of trade. C) subject to evaluation under the rule of reason. D) not subject to antitrust law.

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