Researchers should avoid using statistical methods unless they are essential to derive meaning from the data.

a. true
b. false

Answer: a. true

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A truck costs $50,000 when new and has acccumulated depreciation of $35,000. Suppose Wilson Towing exchanges the truck for a new truck. The new truck has a market value of $60,000, and Wilson pays cash of $40,000. Assume the exchange has commercial substance. What is the result of this exchange?

a.) No gain or loss b.) Gain of 5,000 c.) Loss of 5,000 d.) Gain of $45,000

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Which Article and Section of the U.S. Constitution gives the President the power to appoint Supreme Court justices?

A) Article II, Section 2. B) Article III, Section 1. C) Article VI, Section 7. D) None of the above.

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