SCENARIO 12-3
the Director of Cooperative Education at a State $\begin{array} {ccc}\text { Student } & \text { Coop Jobs } & \text {Job Offer }\\ 1 & 1 & 4 \\ 2 & 2 & 6 \\ 3 & 1 & 3 \\ 4 & 0 & 1 \end{array}$

question 51

Short Answer

SCENARIO 12-3
The director of cooperative education at a state college wants to examine the effect of cooperative education job experience on marketability in the work place.She takes a random sample of 4 students.For these 4, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation.These data are presented in the table below. $\begin{array} {ccc}\text { Student } & \text { Coop Jobs } & \text {Job Offer }\\ 1 & 1 & 4 \\ 2 & 2 & 6 \\ 3 & 1 & 3 \\ 4 & 0 & 1 \end{array}$
-Referring to Scenario 12-3, the standard error of estimate is .

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Definitions:

Net Cash Flow

The difference between a company's total cash inflows and outflows during a specific period.

Financial Statements

Reports that summarize the financial performance, position, and cash flows of a business over a specific period.

Indirect Method

A way to prepare cash flow statements where net income is adjusted for non-cash expenses, changes in working capital, and non-operating cash flows to calculate cash flow from operating activities.

Operating Activities

The day-to-day functions of a business related to producing and selling its goods or services, which are reflected in its cash flow.