Multidimensional Scaling Is a Statistical Technique That _____

question 20

Multiple Choice

Multidimensional scaling is a statistical technique that _____.

• A) identifies homogeneous subgroups
• B) identifies patterns underlying combinations of the original variables capable of summarizing the original set
• C) develops a perceptual map of the locations of some objects relative to others
• D) predicts or explains the value for a dependent variable using the values of independent variables
• E) uses two or more independent, metric variables to classify observations into categories of a nominal, dependent variable

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Definitions:

Adjusting Entries

Adjusting Entries are journal entries made in accounting records at the end of an accounting period to update accounts for accruals and deferrals not recorded during the period.

Real Account

An accounting record that represents assets, liabilities, and owner’s equity, and is not closed at the end of the accounting period but carried over to the next.

Nominal Account

An account related to income, expenses, losses, or gains—these accounts are closed out to the capital account at the end of an accounting period.

Income Summary

An account to which all income statement account balances are transferred at the end of an accounting period to show the period's profit or loss.