Regression analysis models helped Avon realize that employee benefits and the appointment fee that representatives pay for materials were significant variables affecting the decline in their sales staff

An auditor is comparing the write-off of uncollectible accounts as a percentage of total accounts receivable with previous years. A possible misstatement this procedure could uncover is

A) overstatement or understatement of sales. B) overstatement or understatement of accounts receivable. C) overstatement or understatement of bad debt expense. D) overstatement or understatement of sales returns and allowances.

Most statistical software print a second R2 statistic, called the coefficient of determination adjusted for degrees of freedom, which has been adjusted to take into account the sample size and the number of independent variables

Indicate whether the statement is true or false