What is the term associated with how flat or peaked a distribution appears?

a.Ogive
b.Skewness
c.Kurtosis
d.Variability


ANS:C

Business

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________ involves the transformation of data to create variables or modify existing variables

A) Standardization B) Variable respecification C) Scale transformation D) Weighting

Business

A retailer's location strategy can be made more flexible through _____

a. the use of longer-term leases b. sale and leaseback arrangements c. the use of renewal options versus a long-term lease d. ownership versus leasing

Business

On January 1, a company issued a $500,000, 10%, 8-year bond payable, and received proceeds of $473,845. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The amount of interest expense to be recorded on June 30 is $25,000.

Answer the following statement true (T) or false (F)

Business

Porter Co. is analyzing two potential investments. Project XProject YCost of machine$68,000 $60,000 Net cash flow:      Year 1 24,000  4,000 Year 2 24,000  26,000 Year 3 24,000  26,000 Year 4 0  20,000  The payback period in years for Project X is:

A. 3.83. B. 3.50. C. 4.00. D. 2.83. E. 2.00.

Business