The Operating Cycle of a Merchandising Company Is

question 139

Multiple Choice

The operating cycle of a merchandising company is

• A)always one year in length.
• B)generally longer than that of a service company.
• C)about the same as that of a service company.
• D)generally shorter than that of a service company.

---

Definitions:

Durbin-Watson Statistic

A quantitative method utilized for detecting autocorrelation in the residuals resulting from regression analysis.

Critical Values

Specific points on the scale of a test statistic beyond which we reject the null hypothesis in hypothesis testing.

Autocorrelation

The correlation of a signal with a delayed copy of itself, often used to analyze functions or series of values, like time series data.

Test Statistic

A value, derived from sample data, used in a hypothesis test to determine whether to reject the null hypothesis.