What does it mean if the discriminant function is estimated and the square of the canonical correlation is .64?
A) 64% of the variance in the dependent variable is explained by the model.
B) The null hypothesis is not rejected. Therefore, there is no significant discrimination between groups.
C) 64% of the explained variance is accounted for.
D) B and C are correct.
A
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Which of the following statements is true about tenancy in common?
A) All of the co-owners must own equal shares of the property. B) Upon the death of an owner, his or her property interest is divided among the other owners. C) The owners' interests in the property cannot be attached by creditors. D) An owner may sell his or her interest in the property without the consent of the other owners.
The CEO of JLI Corp. decided to expand into a new market in 2010. At the end of 2010, JLI's stock
price had decreased 5% since the beginning of the year. Which of the following statements is MOST correct? A) The CEO made a poor decision to expand because the stock price decreased during the year. B) CEO decisions are irrelevant because the efficient market determines the value of a company's stock. C) The CEO's decision may have been optimal, keeping the stock price from falling more than 5% for the year. D) The CEO made a poor decision to expand because the company's profits for the year obviously decreased, causing the drop in stock price.