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If two variables, x and y, have a strong linear relationship, then

A) there may or may not be any causal relationship between x and y.
B) x causes y to happen.
C) y causes x to happen.
D) the F test is used to conclude there is a causal relationship between x and y.

On Jul 21, 2024


A
CR

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Which of the following indicates a very significant correlation?

A) p = 0.05
B) p < 0.05
C) p < 0.01
D) p < 0.50

On Jul 18, 2024


C
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How much more will an investment of $10,000 earning 8% compounded annually be worth after 15 years than after 10 years? Calculate the difference in dollars and as a percentage of the smaller maturity value.

On Jun 20, 2024


Difference = $10,132.44 and 46.93%
CR

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Calculate the maturity value of the five-year compound-interest GIC whose interest rate for each year is given. Also calculate the dollar amount of interest earned in the fourth year.
Calculate the maturity value of the five-year compound-interest GIC whose interest rate for each year is given. Also calculate the dollar amount of interest earned in the fourth year.

On Jun 17, 2024


$2,445.03; $92.51
CR

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Simplify the following expression:
2.8x2−6.15x1.5−2x2.75\frac{2.8 x}{2}-\frac{6.15 x}{1.5}-\frac{2 x}{2.75}22.8x1.56.15x2.752x

On May 21, 2024


−28.275x8.25-\frac{28.275 x}{8.25}8.2528.275x or -3.4273x
CR

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SXF, Inc. had net sales of $450,000 and net income of $35,000. Compute the relationship of net income to net sales. Express your answer as a percentage. (Round answer to two decimal places.)

On May 18, 2024


7.78%