All of the Following Steps Are Suggested When Counselors Open

question 3

Multiple Choice

All of the following steps are suggested when counselors open private practices EXCEPT:

• A) obtain a federal tax ID number if there are any employees.
• B) apply for and obtain a business license.
• C) purchase liability, property damage, or other types of insurance.
• D) form a corporation, because it is the only way to protect your personal assets.
• E) obtain a professional license if one is required in the state to practice counseling independently.

---

Definitions:

Slope

In a linear equation, the coefficient that represents the rate of change of the dependent variable with respect to the independent variable.

Regression Slope Coefficient

A parameter in regression analysis that represents the change in the dependent variable for a one-unit change in an independent variable.

Simple Linear Regression

A statistical method to model the relationship between two variables by fitting a linear equation to observed data.

Statistically Significant

A term used to indicate that the probability of the observed data, or something more extreme, happening by chance is low under the null hypothesis.