An example of a study that has a false correlation caused by a lurking variable is " research scientist examines the influence of diet and exercise on a an individual's blood pressure."
<h3>What is a lurking variable in a study?</h3>
Lurking variable is known to be a kind of a variable that is said not be the explanatory variable nor can it be called the response variable but it is one that is seen to have a relationship (e.g. correlation) with the response and that of the explanatory variable.
Note that A lurking variable is one that can be falsely identify as a strong relationship that exist between variables or it is one that often hide the true relationship.
Hence, An example of a study that has a false correlation caused by a lurking variable is " research scientist examines the influence of diet and exercise on a an individual's blood pressure."
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Answer:
A) TRUE
Explanation:
Updating marketing skills is not unrelated to modern demands in a global environment influenced by technological disruption. The need to keep abreast of changes in digital marketing for instance is essential if you have to stay relevant in the world of marketing.
Answer:
The employer can experience pension loss if it found out that the retirees benefits paid out are more than expected.
Explanation:
- Normally during salary payments, pension claims are paid to retirees as well, and can be automatically checked and processed as if the deficiency was very contrary.
- However, if payments for retired claims are found to be higher than expected, we can say that the company has suffered a pension loss.
- so The employer can experience pension loss if it found out that the retirees benefits paid out are more than expected.
Answer:
The correct answer is letter "B": Neither of them is correct, as determining the costs of the Act is possible, but determining the benefits is not fully possible.
Explanation:
The Sarbanes-Oxley (<em>SOX</em>) Act Of 2002 is a legislative response to several corporate scandals that sent shock waves through the world financial markets. The SOX attempts to strengthen corporate oversight and improve internal control. The main purpose of SOX is to protect shareholders from fraudulent representation in corporate financial statements.
In regards to the <em>Roland Company</em> case, the cost of implementing SOX will be a more strict accounting and financial book-keeping. This could provide the company with more accurate information that helps to make better corporate decisions but the benefits cannot be fully measured.
Answer:
It is a good investment, the company should purchase the machine and sale the old one.
Explanation:
![\right[\begin{array}{cccc}-&old&new&differential\\purchase&0&-112,500&-112,500\\proceed \:from \:sale&0&60,000&60,000\\cost \:savings&0&13,000&13,000\\total \:cost \:saving&0&65,000&65,000\\Net&0&78,000&12,500\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cright%5B%5Cbegin%7Barray%7D%7Bcccc%7D-%26old%26new%26differential%5C%5Cpurchase%260%26-112%2C500%26-112%2C500%5C%5Cproceed%20%5C%3Afrom%20%5C%3Asale%260%2660%2C000%2660%2C000%5C%5Ccost%20%5C%3Asavings%260%2613%2C000%2613%2C000%5C%5Ctotal%20%5C%3Acost%20%5C%3Asaving%260%2665%2C000%2665%2C000%5C%5CNet%260%2678%2C000%2612%2C500%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<u>We post the purchase cost and the proceeds from the machine sale, </u>
<u>The book value of the machine is irrelevant, </u>we are looking to save cash. The old machine value is a sunk cost. It is a cost already incurred. We don't use it in the calculations.
<u>Then we calculate the saving for five years. </u>
Last, we add the differential analysis column.
Because is gives a positive amount, purchase the new machien would be a good idea.
