The difference between the observed value of Y and the value predicted by the regression equation is called the standard error

Indicate whether the statement is true or false

FALSE

Business

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To approximate a discrete distribution that has many different outcomes useful in most applied business and economic problems, we are, in fact, using the:

A) Poisson distribution. B) normal distribution. C) Hypergeometric distribution. D) marginal distribution.

Business

Sarah, an employee of Amex Corporation, committed a serious criminal act in an attempt to obtain a large sales order for her employer. A court found her guilty of the felony and also found the corporation guilty of criminal conduct. The company was fined $1 million. The court

a. erred in fining the company since finding both Sarah and the corporation guilty violates the Double Jeopardy Clause of the Constitution. b. acted properly if this were a federal proceeding; however, it did not act properly if this were a state proceeding. c. acted properly in finding Sarah guilty; however it erred in finding the corporation guilty because of the exclusionary rule. d. acted properly in this case.

Business