An equipment dealers coverage form is designed to provide insurance on:

a. Equipment owned by the insured dealer.
b. Equipment in the insured's custody for servicing or storage.
c. Equipment entrusted to the insured dealer for sale.
d. All of the responses are correct.

Ans: d. All of the responses are correct.

Business

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Organizations choosing competitor-oriented approaches to set prices might use which of the following strategies?

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The two regressions Y = ?0 + ?1X1 + ?2X2 + ?3X3 + ?4X4 + ? and Y = ?0 + ?1X1 + ?2X2 + ? were run using a sample of 60 observations. If the SSE for the first regression is 1,688.4, what would you expect the SSE for the second regression be?

A) SSE = 1,688.4 B) SSE < 1,688.4 C) SSE ? 1,688.4 D) SSE < 688.4

Business