Which Statistical Technique Should You Use When You Are Attempting

question 4

Multiple Choice

Which statistical technique should you use when you are attempting to answer the question: "Is there a significant relationship between the customers' disposable income (measured in dollars) and their repeat-buying behavior (measured by the number of rebuys in a twelve-month period) ?"

• A)Multiple regression analysis
• B)Chi-Square test
• C)Simple regression analysis
• D)Pearson correlation coefficient
• E)None of these are correct.

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Definitions:

Dividends Declared

An announcement by a company's board of directors to distribute a portion of the firm's earnings to shareholders, specifying the amount and payment date.

Unrealized Profits

Profits that have been earned but not yet realized through the sale of an asset; these profits exist on paper but have not resulted in actual cash inflow.

Consolidated Financial Statements

Financial statements that show the financial position, results of operations, and cash flows of a parent and its subsidiaries as a single economic entity.

Non-Controlling Interest

A minority ownership interest in a subsidiary that is not owned by the parent company, usually reflected in the equity section of the parent's balance sheet.