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victus00 [196]
3 years ago
6

Which of the following is NOT correct about causal regression analysis of the form Y = f(X)? A. Selection of the appropriate cau

sal variable Y is important. B. All of the options are correct. C. Selection of the appropriate causal variable X is important. D. Use of past experience to identify X is common. E. Use of economic theory to identify X is common.
Business
1 answer:
Law Incorporation [45]3 years ago
5 0

Answer:

A. Selection of the appropriate causal variable Y is important

Explanation:

We have this function, Y = f(X).

From this function we can see that Y is dependent on X. That is, it is a function of X. Y is not a causal variable. A causal variable is a variable that is able to influence the variable of interest. From this question Y is the variable of interest. It is the dependent variable. The independent variable is X and it is the causal variable.

Therefore the incorrect one is Selection of the appropriate causal variable Y is important

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5 0
11 months ago
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Answer:

Unitary cost= $46.4 per unit

Explanation:

Giving the following information:

Direct materials $9.60 per unit

Direct labor $19.60 per unit

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Fixed overhead $121,600

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Under absorption costing, the fixed overhead is allocated to the cost of the product. Therefore, we need to calculate the unitary fixed overhead.

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6 0
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he following information pertains to Benedict Company. Assume that all balance sheet amounts represent average balance figures.T
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Answer:

b. 14.0%

Explanation:

NET INCOME  

Sales  $ 100.000

Net Income  $ 25.000

Preferred Stock  -$ 4.000

Net Income to Stockholders' equity—common $ 21.000   14%

Net Income to Stockholders         $ 21.000

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