The Findings from the Regression Are Listed in Tables 12

question 10

Multiple Choice

The findings from the regression are listed in Tables 12.5 and 12.6

-This analysis tells us that:

• A) As the percent of minorities in a state increased, the percent of 1 or 2 star nursing homes decreased but not significantly
• B) As the percentage of the population who are impoverished increases in a state, the percentage of the nursing homes with one or 2 stars decreases
• C) Both a and b
• D) Neither a nor b

---

Definitions:

Cost of Goods Manufactured

The total production cost of goods completed during a specific period, including materials, labor, and overhead.

Finished Goods

Items that have finished the production stage and are available for purchase by buyers.

Work in Process

Inventory in the production process but not yet completed, representing part of a company's current assets.

Indirect Materials

Indirect materials are materials used in the production process that do not directly become part of the final product and are not easily traceable to specific products or units produced.