Multivariate statistical techniques are appropriate for analyzing data if there are several measurements of each element and each variable is analyzed in isolation

All of the following statements are true of the risks of investing in an oil and gas limited partnership EXCEPT:

A) wells may not have sufficient reserves to return drilling costs. B) development programs have higher risk than exploratory programs. C) income programs have fewer tax benefits than exploratory programs. D) development programs may involve acquisition of expensive leases.

________ significance depends on whether or not there is a managerial application that uses the difference

A) Practical B) Statistical C) Modest D) Critical E) Day-to-day