The SSE measures the total variability in the independent variable about the regression line

You are comparing two annuities. Annuity A pays $100 at the end of each month for 10 years. Annuity B pays $100 at the beginning of each month for 10 years. The rate of return on both annuities is 8 percent. Which one of the following statements is correct given this information?

a. the present value of annuity A is equal to the present value of annuity b b. annuity b will pay one more payment than annuity a will c. the future value of annuity a is greater than the future value of annuity b d. annuity b has both a higher present value and a higher future value than annuity A e. Annuity a has a higher future value but a lower present value than annuity b

Which of the following is the primary objective of penetration pricing?

A) to increase profit by increasing prices B) to gain higher margins by reducing market share C) to build sales volume in a market D) to increase product differentiation E) to increase price in order to reduce volumes