If the Durbin-Watson statistic d has values between 0 and dL, this indicates:

A) a positive first-order autocorrelation.
B) a negative first-order autocorrelation.
C) no first-order autocorrelation at all.
D) an inconclusive test.

A

Business

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The following data concerning the retail inventory method are taken from the financial records of Stone Company Cost Retail Beginning inventory $49,000 $70,000 Purchases 224,000 320,000 Freight-in 6,000 --- Net markups --- 20,000 Net markdowns --- 14,000 Sales --- 336,000 If the foregoing figures are verified and a count of the ending inventory reveals that merchandise actually on hand amounts to $54,000 at retail, the business has

a) realized a windfall gain b) sustained a loss c) no gain or loss as there is close coincidence of the inventories d) none of these

Business

Persuasive advertising helps to maintain customer relationships and keep consumers thinking about the product

Indicate whether the statement is true or false

Business