In a multiple regression analysis involving 40 observations and 5 independent variables, the following statistics are given: Total variation in y = 350 and SSE = 50 . Then, the coefficient of determination is:
a. 0.8408 c. 0.8469
b. 0.8571 d. 0.8529
B
Business
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A low Discriminant Function System score for a tax return increases the possibility that the return will be selected for audit
a. true b. false
Business
A firm has a gross profit of $60 million and a net marketing contribution of $14 million. The firm has a market share of 6% and a margin per unit of $70. Calculate the marketing and sales expenses of the firm
A) $46 million B) $70 million C) $ 420,000 D) $10,000 E) $14 million
Business