What are the steps involved in conducting discriminant analysis (Figure 18.2 in the text)?
What will be an ideal response?
The steps involved in conducting discriminant analysis are shown in Figure 18.2 in the text as:
1. Formulate the problem.
2. Estimate the discriminant function coefficients.
3. Determine the significance of the discriminant function.
4. Interpret the results.
5. Assess the validity of the discriminant analysis.
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The following is a jumbled list of the four steps in structured systems analysis that were presented in the text: I. Define the future logical system. II. Document the current logical system. III. Study the current physical system. IV. Design the future physical system. Which of the following is the logically correct sequence of steps?
a. II, IV, I, III b. III, II, I, IV c. III, II, IV, I d. II, I, III, IV
Which of the following is not a device through which culture is typically transmitted to employees?
A. Symbols B. Stories C. Strategic plan D. Heroes E. Rites and rituals
The current balance sheet of Blawnox Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Blawnox Inc is considering several financing possibilities in order to expand operations. If Blawnox Inc's owner invests an additional $2 million to finance the expansion, the debt to equity ratio will
a. stay the same b. decrease c. increase d. cannot be determined from this information.
Jose is married filing a joint return. In 2019, he earned $160,000 of profit from his sole proprietorship, which operates a service business. The business paid no W-2 wages in 2019 and owns no tangible business property.a. Compute Jose's allowable QBI deduction if his joint return reflects taxable income of $300,000 before the deduction. b. Compute Jose's allowable QBI deduction if his joint return reflects taxable income of $340,000 before the deduction.
What will be an ideal response?