In a dataset containing 2 DVs, if the upper 30% of values on the DV are missing from the sample, […] will occur, which artificially […] the size of correlations
a. range enhancement, increases
b. range enhancement, decreases
c. range restriction, increases
d. range restriction, decreases
d. range restriction, decreases
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Future value increases with increases in the interest rate or the period of time funds are left on deposit
Indicate whether the statement is true or false
Which of the statements below is FALSE?
A) A part of the default premium has to do with the frequency of default by the borrower. B) For the home loan, the collateral (the house) is an asset that will increase in value over time (in general), compared with a car loan in which the collateral (the car) decreases in value over time. C) With a car, the potential loss due to default is less than a house because the growing value of the asset should be sufficient to cover the outstanding balance (principal) of the loan. D) A personal credit card essentially has no collateral, so the potential loss is even higher if the customer defaults on his or her credit card payments.
A limited liability company may be classified as a partnership for tax purposes if:
A) such an election is made by "checking the box" for partnership tax treatment on the appropriate Internal Revenue Service form B) such an election is made in the operating agreement. C) such an election is made in the articles of incorporation. D) a majority of its members petition the Internal Revenue Service for partnership tax treatment.
The purchase of raw materials on account in a process costing system is recorded with a:
A. Debit to Accounts Payable and a credit to Raw Materials Inventory. B. Debit to Work in Process Inventory and a credit to Accounts Payable. C. Debit to Purchases and credit to Cash. D. Debit to Raw Materials Inventory and a credit to Accounts Payable. E. Debit to Purchases and a credit to Accounts Payable.