If VIF Is ________,The Researcher Should Remove That Variable from the Independent

question 96

Multiple Choice

If VIF is ________,the researcher should remove that variable from the independent variable set and rerun the multiple regression.

• A)greater than 10
• B)equal to 10
• C)less than 10
• D)approximately 10

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Definitions:

Periodic system

A periodic system is an inventory management approach where inventory levels and the cost of goods sold are calculated at the end of each accounting period, rather than continuously.

Beginning inventory

This is the value of all the inventory (raw materials, work-in-process, and finished goods) that a company has at the start of an accounting period.

LIFO

An inventory valuation method that assumes the last items placed into inventory are the first ones sold; stands for Last In, First Out.

Cost

A payment of cash (or a commitment to pay cash in the future) for the purpose of generating revenues.