If a residual plot of the explanatory variable versus the residuals shows a curved pattern, what can we conclude is the shape of the scatterplot of the explanatory variable versus the response variable?
What will be an ideal response?
The scatterplot is curved.
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Lack of expertise among outsourced providers is a reason for declining levels of outsourcing in the last couple of years.
Answer the following statement true (T) or false (F)
Ingol, Inc. was organized on June 1 and began business on September 13. Ingol elected a calendar year for tax purposes. The corporation incurred $60,300 of legal and other professional fees attributable to its formation. How much of these costs can Ingol deduct on its first tax return?
A. $6,229 B. -0- C. $1,340 D. None of the above
Diane is a CFO at We Do What We Want, Inc. She was just instructed by her boss, the CEO, to accelerate the recording of revenue into an earlier year to meet financial analysts' earnings projections. In order to meet the ethical standards of the accounting profession, Diane must be certain that she:
A. Works through the chain of command within the company to avoid subordinating judgment B. Blows the whistle on the financial wrongdoing C. Reports the matter to the SEC D. Informs the external auditors
An advantage of stratified simple random sampling is that?
A. ?only a portion of the strata must be sampled. B. ?estimates of population parameters for each stratum are automatically available. C. ?desired precision and sample size are independent decisions. D. ?the strata are automatically formed.