The ________ the R² and the ________ the S (Standard

question 135

Multiple Choice

The ________ the r² and the ________ the s (standard error) , the stronger the relationship between the dependent variable and the independent variable.

• A) higher; lower
• B) lower; higher
• C) lower; lower
• D) higher; higher

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Definitions:

Economic Life

Refers to the duration over which an asset remains productive or useful for its intended purpose.

Capital Lease

A lease agreement that is considered a purchase of an asset for accounting purposes, because it transfers substantially all the risks and rewards of ownership.

Bargain Purchase Price

A price for an asset that is significantly below its fair market value.

CRA

Credit Risk Analysis, assessing the risk of default on a loan by evaluating the potential borrower's creditworthiness, or it could stand for Canada Revenue Agency, the federal agency responsible for tax laws for the Canadian government.