If a variable is removed from the regression model when the t-statistic is greater than 1, ________

A) the standard error will decrease
B) the p-value will decrease
C) the Adjusted R2 square will decrease
D) the Multiple R will decrease

C

Business

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In an organization that follows a typical sales process and does not implement SAP, the ________ receives the sales orders that have been approved by accounting

A) purchasing department B) sales agent C) warehouse manager D) sales department

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The Prentice Company has provided the following information pertaining to its most recent

operations: Sales $250,000 Contribution margin ratio $40% Operating income $50,000 What is the breakeven point in sales dollars? A) $125,000 B) $500,000 C) $200,000 D) $100,000

Business