Exhibit 13 In Addition a Regression Analysis Indicates the Following Relationship Between

question 35

Multiple Choice

Exhibit 13.1
Use the Information Below for the Following Problem(S)
Assume that you are an analyst for the U.S. Autoparts Industry. Consider the following information that you propose to use to obtain an estimate of year 2002 EPS for the U.S. Autoparts Industry:
$\begin{array}{lrr}\begin{array}{l}\\\\\text{Personal consumption expenditures}\\\text{Personal consumption expenditures}\\ \text{growth}\\\text{Industry Sales per share}\\\text{Industry Operating profit margin}\\\text{Industry Depreciation/Fixed Assets}\\\text{Industry Fixed asset turnover}\\\text{Interest rate}\\\text{Industry Total asset turnover}\\\text{Industry Debt/Total assets}\\\text{Industry Tax rate}\\\end{array}\\begin{array}{r}\\\text{Year 2003}\\\hline\text{\$6,800 Billion}\\\\\\ \$ 525 \\\\\\\\\\\\\\\\end{array}\\begin{array}{r}Estimated\\\text{Year 2004}\\\hline\\ 1.5 \% \\\\\\ 15 \% \\8.25 \% \\3\\6 \% \\1.2 \\45 \% \\36\%\end{array}\\end{array}$

In addition a regression analysis indicates the following relationship between growth in industry sales per share and personal consumption expenditures (PCE) growth is
%D Sales per share = 0.02 + 1.5(%DPCE)
-Refer to Exhibit 13.1.Calculate industry total assets per share for the year 2004.

• A) $450
• B) $565.67
• C) $513.58
• D) $479.07
• E) $385.77

Identify and use appropriate statistical measures to describe data distribution properties.

Differentiate between descriptive and inferential statistical techniques.

Understand and apply measures of linear relationship between two variables.

Interpret the shape of a data distribution using graphical representations.

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Definitions:

Apprenticeships

Structured training programs that combine on-the-job training with classroom instruction for a particular occupation.

Industrial Union

A labor union that represents all types of workers in a particular industry, regardless of their specific roles or skills.

Craft Union

A labor union representing workers who are skilled in a particular craft.

Landrum-Griffin Act

A 1959 US law aimed at regulating labor unions' internal affairs and their officials' relationships with employers, enhancing democracy and financial integrity in unions.