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- In the case of a business with more than one product, a. it cannot use CVP analysis as such would be possible only if there is a single product. b. it can earn a higher-than-expected profit even if the total units sold was less than expectation. c. each of the products must use a separate CVP analysis. d. it can use CVP analysis only if the contribution margin percentages on each product are the same.Identify the following variables as either discrete or continuous: (a) The number of times heads comes up in 100 tosses of a coin (b) The number of accidents occurring in a specified section of a freeway (c) The weight of boxes shipped from an Amazon warehouse (d) The concentration of carbon dioxide in the air of San Diego versus time (e) Optimistic, most likely, and pessimistic estimates of salvage valueif multicollineratiy problem exists in equaion which of the following statements is true? a)OLS estimators of the parameters keep their netrality,but their standard errors tend to decrease,so the t values become larger and the t-test is un reliable b)The predctions that will be biased OLS estimators of the parameters become valid c)The t ratios of at least one of the coefficients will be statistically insignificant and the R2 values will be small d)OLS estimators of the parameters keep their neutrality,but their standard errors tend to increase,so the t values become smaller and the t-test loses its reliability
- Johansen Methodology is necessary if _______ a. cointegration vectors has Markow switching movement. b. there is a VAR process in the cointegrating vectors c. there are more than cointegrating vectors d. there is nonlinearity in the cointegration vectors.Explain probability and nonprobability samplingtechniques.there are no solutions
- Consider the following decomposition of the error term: v i t = a i + u i t The first part of this error term (ai) caputres ______and the second part (uit) caputres______. time constant unobserved factors, time varying unobserved factors time varying unobserved factors, time constant unobserved factors homoskedasticity, heteroskedasticity heteroskedasticity, homoskedasticityRisks and returns are generally __________ correlated. a. inversely b. negatively c. not d. positively.there is a reduced cost of minus 65 on ETV. I like to say this means if we made ETV = 1 when it was 0 in the optimal solution, then the exposure quality would fall by 65. Another interpretation (that I am not a big fan of, but perfectly acceptable) is if the objective function exposure quality of 90 changes by 65 ETV will not be 0. Should the 90 be 25 or 155?
- If x~y: x is preferred strictly to y. Select one: True FalseThe Customs Inspection agency at international airports has developed a traveler profiling system (TPS) to detect passengers who are trying to bring more liquor into the country than is allowed by present regulations. Long-term studies indicate that 20% of the passengers are carrying more liquor than is allowed. Tests on the new TPS scheme has shown that of those carrying illegal amounts of liquor, 80% will be identified and subject to complete luggage search. In addition 20% of those not carrying illegal amounts of liquor will also be identified by TPS and subject to a complete luggage search.If a passenger is identified by TPS, what is the probability that the passenger is carrying an illegal amount of liquor? Comment on the value of this system.If an innovation methodology is probabilistic and it yields profit equal to £10 m with probability 10% and profit equal to £20 m with probability 90%, then its expected profit is equal to: a. £18 m. b. £19 m. c. £21 m. d. £10 m.