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NEW QUESTION 52
A study was conducted to examine the relationship between age, education level, number of minor legal offenses, daily alcohol consumption, and annual income.
Based on the regression output below, what is the 95% confidence interval of the variable that has the highest statistical significance?
- A. (-3,990.67; 6,334.97)
- B. (-1,374.98; 1,232.89)
- C. (-6,560.05; 3,313.41)
- D. (303.02; 9,839.49)
Answer: D
NEW QUESTION 53
A technology company normally sees increased revenues for its cell phones when it raises
prices. However, when the company released an updated version of the phone and charged a higher price, revenues fell. What MOST likely happened to the cell phone market?
- A. The price of land line phones increased significantly.
- B. The price for cell phone plans decreased.
- C. Profits earned by the company's suppliers rose.
- D. There was an increase in the number of substitute phones.
Answer: D
NEW QUESTION 54
Company B recorded a transaction with a debit of $10,000 to deferred revenue and a credit of $10,000 to revenue. Which of the following situations BEST describes the transaction that would lead to this journal entry?
- A. Company B received an order for a product at the price of $10,000.
- B. Company B sold a product for $10,000.
- C. Company B delivered a product for which $10,000 had already been paid.
- D. Company B collected $10,000 for a product that had not been delivered.
Answer: C
NEW QUESTION 55
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