If the correlation between variables is .70, what percentage of the variance is not shared variance?
a.70%
b.51%
c.49%
d.30%
ANS:B
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On May 1, there were 500 units in production in the framing department, and another 500 units were placed into production during the month. If there are 100 units left in production at the end of the month, how many units are to be assigned costs for the month in the framing department?
a. 1,100 units b. 1,000 units c. 600 units d. 900 units
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