Tax Tranquility Inc

question 45

Multiple Choice

Tax Tranquility Inc., a company that prepares individual tax returns, has finally agreed to utilize the IRS system that enables the returns to be transmitted electronically rather than through mail. Almost every other firm in the United States is utilizing the system because it has been proven reliable. The company has accepted the new technology only after a number of threats of account withdrawal from key customers. For this reason, the company would be classified as

• A)an innovator.
• B)an early adopter.
• C)part of the early majority.
• D)part of the late majority.
• E)part of the early minority.

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Definitions:

Coefficient Of Determination

A measure, often denoted as R^2, that indicates the proportion of the variance in the dependent variable predictable from the independent variable(s).

Coefficient Of Correlation

A measure that determines the degree to which two variables' movements are associated.

Standard Error

The standard deviation of the sampling distribution of a statistic, typically the mean, indicating the variability of sampling estimates.

SSE

Sum of Squared Errors; a measure used in statistics to describe the total deviation of data points from a fitted value, reflecting the discrepancy between observed and predicted values.