In Multiple Regression,a Dummy Variable Is Significantly Related to the Dependent

question 4

Multiple Choice

In multiple regression,a dummy variable is significantly related to the dependent variable when ________.

• A)the global test of the regression equation is rejected
• B)the test of the dummy variable's regression coefficient is rejected
• C)the dummy variable is correlated with other independent variables
• D)the dummy variable is coded as 2 or 3

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Definitions:

Cost of Goods Sold

The total of all costs used to create a product or service, which has been sold.

Material Amount

Refers to a sum or quantity of materials that is considered significant or substantial in size or value.

Underapplied Overhead

A situation where the allocated manufacturing overhead is less than the actual overhead incurred.

Factory Overhead

All indirect costs associated with manufacturing, including utilities, maintenance, and salaries of administrative personnel within a factory, but not directly tied to specific units of production.