3 years ago

If you had a two-regressor regression model, then omitting one variable that is relevant:

1 answer:

8 0

Answer:

D. can result in a negative value for the coefficient of the included variable, even though the coefficient will have a significant positive effect on Y if the omitted variable were included

Explanation:

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Answer:

The correct answer is the option A: True.

Explanation:

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3 years ago

Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9

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Answer:

Accounts receivable for 2019 = $590,000

Accounts receivable for 2018 = $570,000

Explanation:

The computation of accounts receivable for both years is shown below:-

2019 2018

Sales $7,906,000 $6,726,000

Accounts receivable

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Ending balance $580,000 $600,000

Accounts receivable $590,000 $570,000

Working note:-

Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2

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Average Accounts receivable for 2018 = ($540,000 + $600,000) ÷ 2

= $570,000

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4 years ago