For a multiple regression model the following statistics are given: SSE = 40, SST = 200, k = 4, n = 20 . Calculate the coefficient of determination adjusted for degrees of freedom


0.747

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What change in customer retention results from an increase from 5 to 10 years of an average customer life?

A) a decrease of 5% B) an increase of 5 % C) an increase of 10% D) a decrease of 10% E) the value remains the same

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Which time expression is correct?

a. 7 AM b. 7 am c. 7 a.m.

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Suppose that you purchased a machine several years ago for your company. You recently sold the machine for more than you paid. This is an example of a

A) capital carry-forward. B) non-taxable gain. C) capital gain. D) windfall. E) none of the above.

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As of November 14, Ben has an outstanding credit card balance of $1,100 from purchases made over the past month. The new billing period begins on November 15

Assume Ben's outstanding balance for the first 15 days of this new billing period (Nov. 15-29) is $1,100. Then on November 29, the financial institution receives a payment of $600 from Ben, reducing his balance to $500. This is the balance for the remaining 15 days. Using the adjusted balance method and a monthly interest rate of 2.5%, Ben's finance charge would be A) $15.00. B) $12.50. C) $27.50. D) $20.00.

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