The ending merchandise inventory is reported as a current asset on the balance sheet

In a regression equation where y-hat is demand and x is advertising, a coefficient of determination (R2 ) of .70 means that 70% of the variance in advertising is explained by demand

Indicate whether the statement is true or false

Studies of IT projects reveal that:

A) Initial cost estimates are overrun by an average of 15%. B) Over 66% of IT projects were delivered to customers but not used. C) About 25% of all IT projects become runaways by overshooting budgets and timetables. D) Up to 75% of software projects are cancelled.