I If We Are Studying the Relationship Between High School

question 141

Multiple Choice

i. If we are studying the relationship between high school performance and college performance, and want to predict college performance, high school performance is the dependent variable.
Ii) A financial advisor is interested in predicting bond yield based on bond term, i.e., one year, two years, etc. The dependent variable is bond term.
Iii) The variable used to predict the value of another is called the dependent variable.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements, but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) All statements are false

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Definitions:

Maintenance Department

A department within an organization responsible for maintaining facilities, machinery, and equipment to ensure efficient operation.

Machine-hours

The total operational time recorded for machinery, often used in calculating production costs and efficiency.

Variable Cost

A cost that varies with the level of output or activity.

Fabrication Department

A section within manufacturing focused on constructing parts or products by cutting, shaping, and assembling components.